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  2. United States debt ceiling - Wikipedia

    en.wikipedia.org/wiki/United_States_debt_ceiling

    U.S. federal government debt ceiling from 1990 to January 2012 [33] (unadjusted for GDP and population) The debt-ceiling debate of 1995 led to a showdown on the federal budget and resulted in the U.S. federal government shutdowns of 1995 and 1996. [34] [35] In all, Congress raised the debt ceiling eight times during the Clinton Administration.

  3. History of the United States debt ceiling - Wikipedia

    en.wikipedia.org/wiki/History_of_the_United...

    Congress has raised the debt ceiling 14 times from 2001 to 2016. The debt ceiling was raised a total of 7 times (total increase of $5365bil) during Pres. Bush's eight-year term and it was raised 11 times (as of 03/2015 a total increase of $6498bil) during Pres. Obama's eight years in office.

  4. History of the United States public debt - Wikipedia

    en.wikipedia.org/wiki/History_of_the_United...

    According to the Congressional Budget Office, the United States last had a budget surplus during fiscal year 2001, though the national debt still increased. [47] From fiscal years 2001 to 2009, spending increased by 6.5% of gross domestic product (from 18.2% to 24.7%) while taxes declined by 4.7% of GDP (from 19.5% to 14.8%).

  5. The debt ceiling is back on the table for 2025. Here's what ...

    www.aol.com/finance/debt-ceiling-back-table-2025...

    For about 48 hours last week, it looked like a debt ceiling fight in 2025 would be averted, as ideas were floated to postpone the issue until 2027 or 2029 (or even forever). But it was not to be.

  6. The national debt — under every U.S. president - AOL

    www.aol.com/finance/national-debt-crisis...

    As of April 2023, the U.S. national debt has reached a record high of more than $31.5 trillion. ... The 5-ingredient dinner I've made every New Year's Eve for 20 years. Lighter Side. Lighter Side.

  7. The debt ceiling is back, but no need to worry – yet - AOL

    www.aol.com/debt-ceiling-back-no-worry-050142134...

    The debt ceiling returned on January 2, but Congress has several months to address it before the nation could default on its obligations. (Jemal Countess/Getty Images)

  8. National debt of the United States - Wikipedia

    en.wikipedia.org/wiki/National_debt_of_the...

    The national debt was up to $80,885 per person as of 2020. [153] The national debt equated to $59,143 per person U.S. population, or $159,759 per member of the U.S. working taxpayers, back in March 2016. [154] In 2008, $242 billion was spent on interest payments servicing the debt, out of a total tax revenue of $2.5 trillion, or 9.6%. Including ...

  9. United States federal government credit-rating downgrades

    en.wikipedia.org/wiki/United_States_federal...

    The 2011 S&P downgrade was the first time the US federal government was given a rating below AAA. S&P had announced a negative outlook on the AAA rating in April 2011. The downgrade to AA+ occurred four days after the 112th United States Congress voted to raise the debt ceiling of the federal government by means of the Budget Control Act of 2011 on August 2, 2011.