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The Debt Limit: History and Recent Increases: (December 2012)
$17.51
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Debt Limit: Analysis of 2011-2012 Action Taken and Effect on Delayed Increase on Borrowing Costs
Product Code:
9781492352037
ISBN13:
9781492352037
Condition:
New
$15.36
Debt Limit: Analysis of 2011-2012 Action Taken and Effect on Delayed Increase on Borrowing Costs
$15.36
Congress and the President first enacted a statutory limit on federal debt during World War I to eliminate the need for Congress to approve each new debt issuance and provide Treasury with greater discretion over how it finances the government's day-to-day borrowing needs. With the Public Debt Act of 1941, Congress and the President set an overall limit of $65 billion on Treasury debt obligations that could be outstanding at any one time and since then have enacted a number of debt limit increases.
| Author: United Statesgovernment Accountability O |
| Publisher: Createspace Independent Publishing Platform |
| Publication Date: Sep 12, 2013 |
| Number of Pages: 40 pages |
| Binding: Paperback or Softback |
| ISBN-10: 1492352039 |
| ISBN-13: 9781492352037 |
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