Debt Ceiling 2014
On tuesday the treasury department reported that the.
Debt ceiling 2014. The debt ceiling was again suspended on october 17 until february 7 2014. Congress faces farm bill debt ceiling in 2014 the senate left town friday wrapping up the first session of the 113th congress. On october 30 2015 the debt ceiling was again suspended to march 2017.
Lawmakers have decided to suspend the debt ceiling again this time at a level that s now about 512 billion higher than it was last fall. In other words the debt limit will be set to equal to the prior limit 16 7 trillion plus the amount of debt incurred during the period the limit was suspended on feb. Capitol hill reporter ailsa chang joins npr s scott simon to talk.
On february 11 2014 house speaker john boehner passed a bill to suspend the debt ceiling until march 15 2015. The bill approved without any attachments riders or insistence that obamacare be defunded. On february 12 2014 the temporary debt limit extension act was passed suspending the debt ceiling until march 15 2015.