Information on Debt Ceiling Limitations and Increases

AIMD-96-49R: Published: Feb 23, 1996. Publicly Released: Feb 23, 1996.

Additional Materials:

Contact:

Office of Public Affairs
(202) 512-4800
youngc1@gao.gov

Pursuant to a congressional request, GAO provided information on public debt ceiling limitations, focusing on: (1) when the outstanding debt subject to the statutory debt limit was within $25 million of the public debt limit between July 1, 1954, and September 30, 1984; (2) debt ceiling crises occurring between September 30, 1984, and February 16, 1996; and (3) revisions to the statutory debt ceiling since June 26, 1946. GAO noted that: (1) Congress has enacted numerous temporary and permanent increases in the debt ceiling, which currently stands at $4.9 trillion; and (2) the public debt limit is very close to the amount of outstanding debt.

Jun 28, 2018

Jun 21, 2018

Apr 3, 2018

Feb 6, 2018

Oct 12, 2017

Oct 2, 2017

  • budget icon, source: GAO

    U.S. Territories:

    Public Debt Outlook
    GAO-18-160: Published: Oct 2, 2017. Publicly Released: Oct 2, 2017.

Sep 20, 2017

May 3, 2017

Jan 18, 2017

Jan 17, 2017

Looking for more? Browse all our products here