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2 posts on "debt ceiling"
March 4, 2013

How the Nation Resolved Its First Debt Ceiling Crisis

In the second half of 1953, the United States, for the first time, risked exceeding the statutory limit on Treasury debt. How did Congress, the White House, and Treasury officials deal with the looming crisis?

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Posted at 7:00 am in Financial Markets, Treasury | Permalink
November 9, 2011

The Debt Ceiling as a “Fiscal Rule”

A few months ago, the federal government was once again confronted with the need to raise the statutory limit on the amount of debt issued by the Treasury.

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Posted at 7:00 am in Fiscal Policy, Treasury | Permalink

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Liberty Street Economics features insight and analysis from New York Fed economists working at the intersection of research and policy. Launched in 2011, the blog takes its name from the Bank’s headquarters at 33 Liberty Street in Manhattan’s Financial District.

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