학술논문
Debt Limit Policy Questions: What Are the Potential Economic Effects of a Binding Federal Debt Limit?
Document Type
Article
Author
Source
Congressional Research Service: Report; 5/25/2023, p1-7, 10p
Subject
Language
ISSN
07317069
Abstract
The article focuses on the potential economic effects of a binding federal debt limit. It discussed the topics include the impact on spending, prioritization of payments, the perception of risk on U.S. Treasury securities, the cost of servicing the federal debt, effects on financial markets and the domestic economy and the impact of other cuts to federal spending. It discussed that the binding debt limit could lead to delayed or partial payments, threats to global markets and global economy.