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  1. Sep 24, 2021 · Congress is seeking (its own) permission to borrow another trillion or two. House Democrats on Tuesday passed a bill that would suspend the U.S. debt ceiling through December 2022 and temporarily ...

    • Ron Elving
  2. Oct 6, 2021 · The debt limit is a ceiling imposed by Congress on the amount of debt that the U.S. Federal government can have outstanding. This limit has been set at $28.4 trillion since August 1st, 2021. It is ...

  3. Sep 27, 2021 · The national debt now stands at $28.43 trillion, according to the Peter G. Peterson Foundation’s live tracker. Currently the borrowing cap is set at $28.4 trillion, leaving the federal ...

  4. Aug 6, 2021 · An explainer on what happens when the debt ceiling is reached, why Congress is dealing with the issue again in 2021, and why Democrats will probably have to increase the debt limit in their budget ...

  5. Dec 15, 2021 · House votes on the debt ceiling past midnight on December 15, 2021. Just hours after the Senate voted, and with less than a day before the deadline was reached, the House passed legislation to ...

  6. Dec 14, 2021 · Dec. 14, 2021. WASHINGTON — Congress gave final approval early Wednesday to legislation that would raise the debt ceiling by $2.5 trillion, moving over nearly unanimous Republican opposition to ...

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  8. Sep 22, 2021 · Once that suspension lapsed, the new debt limit was set at $20.5 trillion to cover the amounts borrowed during the suspension. On Feb. 9, 2018, the Bipartisan Budget Act of 2018 suspended the debt ...

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