Ideas. Action. Results.

It’s Time to Rethink the Debt Limit

G. William Hoagland, Shai Akabas, Tim Shaw / Blog August 8, 2018

Once reinstated, partisan conflict over the debt limit will reemerge, putting the country back on the brink of a potentially calamitous default on its obligations.

Read More

Government Shutdown Effect on Debt Limit

Tim Shaw / Blog February 6, 2018

If an agreement on budget levels and other key priorities cannot be reached, it will be important to know how a government shutdown could interact with the debt limit.

Read More

New Tax Law Could Bring “X Date” Closer, Heightens Uncertainty

Shai Akabas, Tim Shaw, Jack Rametta / Blog February 1, 2018

With Congress also debating an omnibus appropriations package and contentious immigration issues, even a swing of days on the “X Date” timing could make a big difference.

Read More

Akabas: Funding Deadline, New Tax Law Complicate Debt Limit Picture

Economy / Press Release February 1, 2018

This new estimate reflects the effects of tax reform, which will cause the federal government to run out of money sooner than previously estimated.

Read More

Republican tax bill and wildfire aid could hasten the need to raise the debt limit

Economy / News January 4, 2018

The next fight over the debt limit could take place earlier than anticipated.

Read More

House Republicans Weigh Linking Debt Ceiling Increase to Spending Bill

Economy / News December 12, 2017

If the debt limit isn’t included in a broader legislative package, it isn’t clear how it would be addressed in advance of the March final deadline, and how the Trump administration would handle negotiations with Congress, said Shai Akabas.

Read More

Shai Akabas & Tim Shaw: How Debt Limit Drama Gets Resolved Is Up in the Air

Economy / News December 11, 2017

Policymakers have always extended limit just in time — but the script is now flipped.

Read More

BPC Forecasts Debt Limit “X Date” in March

Economy / Press Release December 1, 2017

BPC forecasts that the “X Date,” when the federal government will no longer be able to meet its financial obligations in full and on time, will occur sometime in March 2018.

Read More

Debt Limit Crunch: BPC Estimates “X Date” Will Land in March

Shai Akabas, Tim Shaw, Jack Rametta / Blog December 1, 2017

Absent legislative action, BPC projects that the debt limit “X Date” – when the Treasury Department can no longer meet the federal government’s financial obligations in full and on time – will arrive sometime in March 2018.

Read More

CBO Projects Spring Debt Limit Crunch, Similar to Previous BPC Estimate

Economy / Press Release November 30, 2017

Absent action by Congress to extend the debt limit, BPC previously estimated that the “X Date” could arrive sometime in March.

Read More