Debt Ceiling
Latest
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Marc Goldwein on You Don't Have to Yell Podcast Discussing Debt Ceiling
Committee for a Responsible Federal Budget Senior Vice President and Senior Policy Director Marc Goldwein recently appeared on the "You Don't Have to...
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Congress Must Responsibly Raise the Debt Limit
Today, the Treasury Department announced that it has begun engaging in a set of accounting tools known as “extraordinary measures” to avoid breaching...
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Q&A: Everything You Should Know About the Debt Ceiling
The federal debt ceiling was raised in December of 2021 by $2.5 trillion to $31.381 trillion, which is expected to last until January 19, 2023...
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Q&A: Everything You Should Know About the Debt Ceiling
This 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
Today, 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
For 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
For 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
The 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
This 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
In 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
A 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
Below is a letter sent today from Committee for a Responsible Federal Budget president Maya MacGuineas to Senate Budget Committee Chairman Mike Enzi...