Reaching the Debt Limit: Background and Potential Effects on Government Operations
Description:
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,…
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Date:
November 21, 2013
Creator:
Levit, Mindy R.; Brass, Clinton T.; Nicola, Thomas J. & Nuschler, Dawn
Item Type:
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Partner:
UNT Libraries Government Documents Department