US debt ceiling at the end of each year from 1981 to 2010 ..... to continue meeting
federal obligations provided that it does not involve the issue of new debt.
Oct 26, 2015 ... House Republicans' Budget Bill Deepens Rift as U.S. Debt Deadline Nears OCT.
... The agreement would raise spending by $80 billion over two years, not ... and
noted that raising the limit merely covers previous expenses and does not ... An
accord to lift the debt ceiling and settle the spending impasse ...
Oct 21, 2015 ... The U.S. spends more than it brings in, forcing us to borrow money and take on
debt. ... Congress can choose to raise that ceiling when we reach it, and has 74
times in ... and failure to raise the ceiling won't reverse spending or reign in new
debt. ... This year could be especially messy due to poor timing.
Oct 15, 2015 ... The federal government will reach its borrowing cap on Nov. ... and negatively
impact the credit rating of the United States,” Lew wrote. While Congress has
never failed to raise the debt ceiling, it has delayed action until the last ... A new
report from the Congressional Budget Office seconds Lew's warning.
Oct 22, 2015 ... The United States will reach its legal debt limit on Nov. ... So when Congress
extends the debt ceiling, it isn't spending new money. .... in Washington likely
doesn't worry them as much as it might have a few years ago.
Mar 7, 2015 ... Unless Congress takes action, the U.S. will hit its debt limit on Mar. ... with the
debate over government agency funding for the new fiscal year, ... does not raise
the federal debt limit, the Treasury Department will exhaust all of ...
Oct 26, 2015 ... "A two-year budget deal that raises the debt ceiling for basically the entire term of
this presidency." ... The focus is on setting a new overall spending limit for
agencies whose ... year. It will be up to the House and Senate Appropriations
committees to produce a ... U.S. Income Gains Bode Well for Black Fr...
Mar 11, 2015 ... News, Opinion & Analysis ... that beginning Monday, March 16, the United States
debt will reach the statutory debt limit. ... Our debt will continue to grow, and the
debt ceiling will continue to need to be increased, ... Instead, the blank check is
Congress' year-in, year-out commitment to overspending and ...
Oct 13, 2013 ... The debt ceiling constrains how much debt the federal government can carry at a
... "If the U.S. reaches the debt cap and Congress does not approve further ...
president are the ones who must sign off on any new federal commitments. ...
Every year, the federal government either runs a surplus or a deficit.
Oct 27, 2015 ... Conservatives Reach Out to Latinos Ahead of 2016 Elections .... The deal
reached late Monday effectively raises the debt ceiling through ... As John
Boehner exits to make way for a new Speaker of the House, he is ... “But it will
last for two years and it will prevent us from lurching from crisis to crisis.”.