A statutory limit on total federal debt has been in place since 1917. In the past decade, Congress has voted to raise the debt limit ten times and it will now have to do so once again.
The history of the debt limit and its current implications were discussed in a recently updated report from the Congressional Research Service. See “The Debt Limit: History and Recent Increases” (pdf), March 7, 2011. And see, relatedly, “Reaching the Debt Limit: Background and Potential Effects on Government Operations,” February 11, 2011.
Reports from the Congressional Research Service have become such an integral part of the national policymaking process that two CRS reports were cited this month in an opinion (pdf) issued by the Justice Department Office of Legal Counsel concerning the President’s constitutional authority to use military force in Libya.
One of the reports addressed “Instances of Use of United States Armed Forces Abroad, 1798-2010” and the other was on “Haiti: Developments and U.S. Policy Since 1991 and Current Congressional Concerns.”
Remarkably, however, neither of the CRS reports that was cited in the OLC opinion is available on any congressional website, since Congress stubbornly opposes direct public access to CRS products. To find them online, one must turn to non-congressional websites.
By preparing credible, bipartisan options now, before the bill becomes law, we can give the Administration a plan that is ready to implement rather than another study that gathers dust.
Even as companies and countries race to adopt AI, the U.S. lacks the capacity to fully characterize the behavior and risks of AI systems and ensure leadership across the AI stack. This gap has direct consequences for Commerce’s core missions.
The last remaining agreement limiting U.S. and Russian nuclear weapons has now expired. For the first time since 1972, there is no treaty-bound cap on strategic nuclear weapons.
As states take up AI regulation, they must prioritize transparency and build technical capacity to ensure effective governance and build public trust.