Congressional Research Service: 'A Binding Debt Limit - Background and Possible Consequences' (Part 1 of 4)
November 12, 2024
November 12, 2024
WASHINGTON, Nov. 12 (TNSrep) -- The Congressional Research Service issued the following report (No. R48209) on Oct. 4, 2024, entitled "A Binding Debt Limit - Background and Possible Consequences:"
(Continued from Part 1 of 4)
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Treasury Actions in Select Debt Limit Episodes
To date, the modern debt limit has not yet prevented Treasury from paying all federal obligations. During debt limit episodes in 1985, 1995-1996, 2002, 2003, . . .
(Continued from Part 1 of 4)
* * *
Treasury Actions in Select Debt Limit Episodes
To date, the modern debt limit has not yet prevented Treasury from paying all federal obligations. During debt limit episodes in 1985, 1995-1996, 2002, 2003, . . .