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The Debt Limit: History and Recent Increases

Description: This report discusses how the total debt of the federal government can increase, an historical overview of debt limits, and how the current economic slowdown has led to higher deficits and thereby a series of debt limit increases, as well as legislation related to these increases.
Date: October 15, 2013
Creator: Austin, D. Andrew & Levit, Mindy R.
Partner: UNT Libraries Government Documents Department
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