Tag: America

Interactive – Raising the roof: The uphill climb of the U.S. debt limit

The ever-swelling U.S. debt ceiling recently rose to $14.7 trillion US — with another $500 billion rise scheduled in the coming months. U.S. presidents have had a long history of seeking higher debt limits from the Treasury, as indicated in the charts below, which span increases in actual and inflation-adjusted figures from 1961 to 2010.

The uphill climb of the US debt limit

Source   http://www.cbc.ca/