Debt Ceiling

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Debt Limit Deadline: March 16, 2017 – Time for Reform?

One of the first legislative deadlines President-elect Donald Trump and the 115th Congress will face is the need to raise the debt limit. The budget...
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Q&A: Everything You Should Know About the Debt Ceiling

March 2017 Note: We have updated this Q&A. A new version is available here.
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Two Months, Four Fiscal Speed Bumps to Deal With

We are coming down the home stretch of calendar year 2015, with only a little more than two months left. Lawmakers will have to get to work as they...
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GAO: 2013 Debt Limit Showdown Shows Need to Consider Reform

Last week, the Government Accountability Office (GAO) released a new report to Congress on the debt limit, showing that the failure to raise the debt...

Update: Fiscal Speed Bumps

Congress sped through this year's second and third "Fiscal Speed Bumps" in March, ignoring the return of the statutory debt limit (though the hard...

The Debt Ceiling Returns...and 10 Ways to Reform It

The federal government will reach its second Fiscal Speed Bump today, as the debt ceiling will be reinstated after having been suspended since last...
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The Better Budget Process Initiative: Improving the Debt Limit

  For additional budget process resources including specific options for reform, visit our Better Budget Process Initiative home page.

Update: Impending Fiscal Speed Bumps

Congress approached and addressed the first impending "Fiscal Speed Bump" this week, cleanly funding the Department of Homeland...
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CBO and BPC Predict Debt Ceiling Deadline Not Until the Fall

October or November -- that's the deadline by which the nonpartisan Congressional Budget Office (CBO) predicts lawmakers must increase the debt...

Fiscal Speed Bumps Will Keep the New Congress Busy

Although the 114th Congress is just getting settled, it will have to move quickly to address a series of deadlines with serious policy and fiscal...

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