Accession Number PB2014-100196
Title Federal Debt and the Statutory Limit, September 2013.
Publication Date 2013
Media Count 6p
Personal Author N/A
Abstract The Congress has traditionally placed a limit on the total amount of debt that the Department of the Treasury can issue to the public and to other federal agencies. Lawmakers have enacted numerous increases to the debt limitcommonly known as the debt ceilingsome of which have been temporary but many of which have been permanent. The Treasurys borrowing has been at the current limit since May, although it has employed a wellestablished toolbox of so-called extraordinary measures that allow it to borrow additional funds without breaching the debt ceiling.
Keywords Congress
Debt ceiling
Economic impact
Federal budgets
Federal debt
Federal government
Financial management
Management planning and control
Treasury debt

Source Agency Congressional Budget Office
NTIS Subject Category 70F - Public Administration & Government
70B - Management Practice
96 - Business & Economics
Corporate Author Congressional Budget Office, Washington, DC.
Document Type Technical report
Title Note N/A
NTIS Issue Number 1401
Contract Number N/A

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