Democrats balked at the spending-cuts requirement, demanding instead the passage of what they called a "clean bill" without preconditions to raise the debt ceiling before the deadline of June 1, when the government would default on its debts. Some Democrats, notably U.S. Rep. Ilhan Omar, D...
Debt ceiling crisis: How did we get here?Barbara Anderson
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National Debt-Ceiling Deal: Why Did That Take So Long?Read the full-text online article and more details about "National Debt-Ceiling Deal: Why Did That Take So Long?" by Chaddock, Gail Russell - The Christian Science Monitor, August 2, 2011By ChaddockGail Russell...
Liu, Pu, Yingying Shao, and Timothy J. Yeager. "Did the Repeated Debt Ceiling Controversies Embed Default Risk in US Treasury Securities?" Journal of Banking & Finance Vol. 33, No. 8: (2009) pp. 1464-1471.Did the repeated debt ceiling controversies embed default risk in US Treasury ...
Sargent, Greg
By How Much Did Congress Increase the Debt Ceiling?Free Enterprise Zone