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Reaching the Debt Limit: Background and Potential Effects on Government Operations


This report examines the possibility of the federal government reaching its statutory debt limit and not raising it, with a particular focus on government operations. First, the report explains the nature of the federal government's debt, the processes associated with federal borrowing, and historical events that may influence prospective actions. It also includes an analysis of what could happen if the federal government may no longer issue debt, has exhausted alternative sources of cash, and, therefore, depends on incoming receipts or other sources of funds to provide any cash needed to liquidate federal obligations.3 Finally this report lays out considerations for increasing the debt limit under current policy and what impact fiscal policy could have on the debt limit going forward. Bills: H.R. 8


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# FILE NAME Document Date Order ID: Number of Pages PRICE
1 R41633.pdf Jan 04, 2013 R41633 23 $19.95 ADD TO CART

Older Versions:

Reaching the Debt Limit: Background and Potential Effects on Government Operations  [Order No: R41633  Release Date: Sep 19,2013  Pages: 27]

Reaching the Debt Limit: Background and Potential Effects on Government Operations  [Order No: R41633  Release Date: May 15,2013  Pages: 27]

Reaching the Debt Limit: Background and Potential Effects on Government Operations  [Order No: R41633  Release Date: Jan 04,2013  Pages: 23]

Reaching the Debt Limit: Background and Potential Effects on Government Operations  [Order No: R41633  Release Date: May 31,2012  Pages: 23]

Reaching the Debt Limit: Background and Potential Effects on Government Operations  [Order No: R41633  Release Date: Jul 27,2011  Pages: 22]

Reaching the Debt Limit: Background and Potential Effects on Government Operations  [Order No: R41633  Release Date: Jun 03,2011  Pages: 22]

Reaching the Debt Limit: Background and Potential Effects on Government Operations  [Order No: R41633  Release Date: May 18,2011  Pages: 20]

Reaching the Debt Limit: Background and Potential Effects on Government Operations  [Order No: R41633  Release Date: Apr 27,2011  Pages: 20]

Reaching the Debt Limit: Background and Potential Effects on Government Operations  [Order No: R41633  Release Date: Feb 11,2011  Pages: 19]