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The Debt Limit

Federal debt is projected to reach the current debt limit, set at $31.385 trillion, sometime in 2023. Congress may debate the merits of various debt limit modifications in advance of reaching the limit. This ‘In Focus’ provides background information and discusses recent legislative activity.

  • Author(s):
  • Grant A. Driessen
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The Debt Limit
  • White Paper
Website:Visit Publisher Website
Publisher:Congressional Research Service
Published:November 22, 2022
License:Public Domain

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