Reaching The Debt Limit
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Treasury has yet to face a situation in which it was unable to pay its obligations as a result of reaching the debt limit. In the past, the debt limit has alway
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This report examines the possibility of the federal government reaching its statutory debt limit and not raising it, with a particular focus on government opera
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Contents: (1) Introduction: The Debt Limit and the Treasury; Why Have a Debt Limit?; (2) A Brief History of the Federal Debt Limit: Origins of the Federal Debt
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