Government Information

Earl Gregg Swem Library

Federal Debt and the Statutory Limit, November 2017

Categories: Govt Finance

https://www.cbo.gov/system/files/115th-congress-2017-2018/reports/53336-debtlimit.pdf

Explains what the debt limit is and why it is important.  If the current debt limit remains unchanged, the federal ability to use extraordinary measures will be exhausted by late March or early April 2018.  From the Congressional Budget Office