The Debt Limit: History and Recent Increases by Congressional Research Service

The Debt Limit: History and Recent Increases

Crs Reports

Congressional Research Service

38 pages missing pub info (editions)

nonfiction politics challenging informative medium-paced
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Congress has always restricted federal debt. The Second Liberty Bond Act of 1917 included an aggregate limit on federal debt as well as limits on specific debt issues. Through the 1920s and 1930s, Congress altered the form of those restrictions to...

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