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The US Is Approaching Its Debt Limit - California Gazette in California Gazette

Revised: 01/24/2023 11:13 a.m.

  • Jan. 24, 2023, 6 a.m.
  • |
  • Public

us debt limit

The US is about to hit the debt limit for the country once again.

That means the government can only borrow more money if Congress agrees to change or get rid of the limit, which is almost $31.4 billion.

This is what happens most of the time.

Since 1960, politicians have tried 78 times to raise, extend, or change the debt limit, including three times in the last six months…Read More

Source: California Gazette


Last updated January 24, 2023


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