Congressional Policy Issues
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Debt Limit Déjà Vu? What Can We Learn from the Close Calls of 2011 and 2023?
Laura Blessing | June 7, 2023
Normally, we remember what we were doing when great triumphs or tragedies take place on the world stage. Fiscal policy is not typically on that list of events. And yet, I remember clearly what I was doing in the lead up to Treasury’s “X date” in 2011. I was in grad school, and I had
The Debt Ceiling and the Appropriations Process
Katina Slavkova | May 3, 2023
The partisan and intra-branch posturing on the debt ceiling, on display since January, has finally yielded actual legislative text. Last week Speaker Kevin McCarthy successfully shepherded his conference to pass a debt ceiling bill, accurately characterized as a “bare-minimum victory on a doomed bill.” This description of the House GOP’s initial bargaining offer perfectly
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