Talk:History of the United States debt ceiling

Merge

All the material here is covered in more detail at United States public debt. This article should be expanded or deleted. LaTeeDa (talk) 01:43, 10 December 2012 (UTC)

I think the history article content is different than the public debt article. The debt article does have a section (4 paragraphs) of 'history' which is pretty limited in years (three parts of 'history' being 2010, 2011, and 2012), an Appendix of debt for selected years (by 10s until 2000, then every year but stops at 2010) and a hidden table of debt ceiling back to 1940. If you merged history in it would greatly enlarge the article and mix structures that are more plotline of historical narrative with one more of structural facts today.

• Ithink the history could be better -- there's not much events, context, or length of years here. No mention of highway system or Jimmy Carter shutdowns. Try The debt ceiling history cartoon or Shutdown history for more on progression to the curent system and the events along the way. Markbassett (talk) 21:31, 10 October 2013 (UTC)

Chart Inacurrate

Bush only had control of both the house and the senate for 123 days. Jeffords Defected on May 24, 2001 giving control of the senate to the dems. — Preceding unsigned comment added by Mantion (talk • contribs) 07:00, 24 January 2013 (UTC)

President Obama and democrats have controlled the house for 2 years and the GOP for 4 years (including present congress). The chart should be removed until corrected. 207.229.180.183 (talk) 18:30, 27 August 2013 (UTC)

Nearly a decade later, no one has corrected or updated the chart. I've removed it. 75.172.34.226 (talk) 00:07, 2 May 2023 (UTC)

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Number of requests for increase

This section's (Number of requests for increase) second paragraph's last sentence currently reads:

In practice, the debt ceiling has never been reduced, even though the public debt itself may have reduced.

Yet the in at least two places this statement is contradicted. Most notably, the section "Historical debt ceiling levels" lists a significant reduction from the April 3rd 1945 level to the June 26th 1946 level. I have no idea if this means the statement is just wrong, or if it's an 'apples and oranges' situation where different concepts are being jumbled together. At a minimum it's confusing. If anyone knows the fix, please edit. Otherwise, the assertion above should just be dropped.

Thoughts?
jg (talk) 19:45, 8 October 2021 (UTC)

Values seem to be off

The values for the total debt ceiling reported by the US Treasury in its recent "Monthly Statements of the Public Debt" are as follows:

Date	Debt ceiling ($m)	Source
JANUARY 31, 2022	31,381,463	source
DECEMBER 31, 2021	31,381,463	source
NOVEMBER 30, 2021	28,881,463	source
OCTOBER 31, 2021	28,881,463	source
SEPTEMBER 30, 2021	28,401,463	source
AUGUST 31, 2021	28,401,463	source

This seems to differ from the values given in the table in the article, by relatively small but still significant amounts. Does anyone know the reason for the discrepancy? Grover cleveland (talk) 07:23, 16 February 2022 (UTC)

1985 ????

why is there nothing on the 1985 crisis which seems really imnportant as it set precedents that are still in force see https://www.gao.gov/assets/hrd-86-45.pdf https://braddelong.substack.com/p/correction-debt-ceiling — Preceding unsigned comment added by 50.245.17.105 (talk) 14:32, 19 May 2023 (UTC)