Debt Ceiling
Latest
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Q&A: Everything You Should Know About the Debt Ceiling
Read moreThis paper has been updated. The federal debt ceiling was raised in December of 2021 by $2.5 trillion to $31.381 trillion, which is expected to last...
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Statement on $2.5 Trillion Debt Ceiling Increase
Read moreToday, President Biden signed into law a $2.5 trillion increase in the ceiling on federal debt. This increase will raise the total debt ceiling to $31...
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December Sequester Suspension Misses the Mark
Read moreFor Immediate Release Congress is considering legislation that will cancel the PAYGO sequester for 2022, extend temporary COVID-era Medicare payment...
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Congress' December Challenges Can't Wait
Read moreFor Immediate Release As lawmakers continue to debate the Build Back Better reconciliation bill, they have a number of pressing deadlines and policy...
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Policymakers Shouldn't Attach More Borrowing to a Debt Ceiling Increase
Read moreThe debt ceiling, or the statutory limit on the total amount of debt the federal government can accrue, is set to come back on August 1 after being...
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Q&A: Everything You Should Know About the Debt Ceiling
Read moreThis paper has been updated here. The federal debt ceiling will be reinstated on August 1, 2021, at around $28.5 trillion. At that point, the Treasury...
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Opportunities for Bipartisanship in a Divided Government
Read moreIn 2021, the United States is likely to operate with divided or near-divided government. Democrats are slated to control the White House and the House...
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Pairing Debt Limit Reform with Budget Goals
Read moreA recent bipartisan House letter from 30 Democrats and 30 Republicans requests budget reforms in forthcoming legislation, such as combining debt limit...
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Letter to Senate Budget Committee: Advance Bipartisan Budget Improvements
Read moreBelow is a letter sent today from Committee for a Responsible Federal Budget president Maya MacGuineas to Senate Budget Committee Chairman Mike Enzi...
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With Debt Limit Reinstated, It's Time for Reform
Read moreAs lawmakers go to conference for the tax bill, an important issue has flown under the radar. The debt limit was reinstated on December 9 after the...
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Maya MacGuineas: Don’t Get Rid of the Debt Ceiling. Reform It.
Read moreMaya MacGuineas is president of the nonpartisan Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently...
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Ed Rendell and Judd Gregg: Playing Politics with the Nation’s Financial Future
Read moreEd Rendell and Judd Gregg are co-chairs of the Fix the Debt Campaign, a project of CRFB. Judd Gregg, a former Republican senator from New Hampshire...