The Debt Limit: History and Recent Increases.

Autor: Austin, D. Andrew, Levit, Mindy R.
Předmět:
Zdroj: Congressional Research Service: Report; 12/27/2012, preceding p1-33, 37p
Abstrakt: The article presents a U.S. Congressional Research Service report on the debt limit. It cites ways federal debt can increase such as when the government sells debt to the public to finance budget deficits and acquire the financial resources needed to meet its obligations and when the federal government issues debt to government accounts. It states that Congress placed restrictions on federal debt. The economic slowdown reportedly led to higher deficits, resulting to debt limit increases.
Databáze: Complementary Index