Debt Ceiling
Latest
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Q&A: Everything You Should Know About the Debt Ceiling - Sep 2017
This Q&A has been updated. See here for the latest version. One issue that must be addressed this month is the federal debt ceiling, which was...
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Maya MacGuineas: Take It from a Fiscal Hawk: Raise the Debt Ceiling
Maya 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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A Mini-Bargain to Improve the Budget
A new version of this paper exists that was updated to include savings for disaster relief. The national debt is currently at its highest share of the...
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Looming Debt Limit Debate Offers Opportunity for Meaningful Reform
The debt limit was quietly reinstated on March 16. The budget deal in November 2015 suspended the debt limit through March 15, 2017, and reinstated...
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Q&A: Everything You Should Know About the Debt Ceiling - Mar 2017
Note: We have updated this Q&A. A new version is available here. Attention is turning towards raising the federal debt ceiling, which will be...
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Debt Limit Deadline: March 16, 2017 – Time for Reform?
One of the first legislative deadlines President-elect Donald Trump and the 115th Congress will face is the need to raise the debt limit. The budget...
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Q&A: Everything You Should Know About the Debt Ceiling - Oct 2015
March 2017 Note: We have updated this Q&A. A new version is available here.
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Two Months, Four Fiscal Speed Bumps to Deal With
We are coming down the home stretch of calendar year 2015, with only a little more than two months left. Lawmakers will have to get to work as they...
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GAO: 2013 Debt Limit Showdown Shows Need to Consider Reform
Last week, the Government Accountability Office (GAO) released a new report to Congress on the debt limit, showing that the failure to raise the debt...
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Update: Fiscal Speed Bumps
Congress sped through this year's second and third " Fiscal Speed Bumps" in March, ignoring the return of the statutory debt limit (though the hard...
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The Debt Ceiling Returns...and 10 Ways to Reform It
The federal government will reach its second Fiscal Speed Bump today, as the debt ceiling will be reinstated after having been suspended since last...
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The Better Budget Process Initiative: Improving the Debt Limit
For additional budget process resources including specific options for reform, visit our Better Budget Process Initiative home page.