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Public Debt Ceiling: Its Current Status (CRS Report for Congress)

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Release Date May 31, 1984
Report Number IB82081
Authors Philip Winters, Economics Division
Source Agency Congressional Research Service
Summary:

Congress raised the permanent debt limit by $30 billion to $1,520 billionon May 24, 1984. This new limit is expected to be reached around June 22,1984. New legislation to raise the debt limit will be needed before or onthat date. This issue brief refers to action occurring during the 1st and 2dsessions of the 98th Congress.