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Debt Limit Policy Questions - What Are the Potential Economic Effects of a Binding Federal Debt Limit? Topic of CRS Report
December 06, 2025
WASHINGTON, Dec. 6 (TNSLrpt) -- The Congressional Research Service issued the following report (No. R47574) on Dec. 5, 2025, entitled "Debt Limit Policy Questions: What Are the Potential Economic Effects of a Binding Federal Debt Limit?" by acting section research manager Grant A. Driessen.

Here are excerpts:

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SUMMARY

Federal law prohibits the "face amount of obligations whose principal and interest are guaranteed by the Uni . . .

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