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The Debt Limit

Federal debt is again nearing its statutory limit. The policy questions raised by federal debt and its limit in 2022 are colored by the aftereffects of the 2007-2009 financial crisis and ensuing Great Recession, as well as COVID-19 and fiscal response to the pandemic.

  • Author(s):
  • Grant A. Driessen
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The Debt Limit
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  • White Paper
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Website:Visit Publisher Website
Publisher:Congressional Research Service
Published:November 16, 2022
License:Public Domain

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