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Clearing the Air on the Debt Limit

Description: This report provides clarifications on five common debt limit contentions or questions which are: The United States had debt limits before 1917, Did the Federal government default in the 1970s?, Were "clean" debt limit increases once the norm?, Could a platinum coin avoid a binding debt limit?, Would the Fourteenth Amendment allow the President to act unilaterally?, and Is the debt limit obsolete?
Date: November 2, 2017
Creator: Austin, D. Andrew & Thomas, Kenneth R.
Partner: UNT Libraries Government Documents Department