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.
Detonating a nuclear weapon in space would not only damage U.S. assets but those of all countries, including Russia. It would set back the use of space for multiple purposes – peaceful and otherwise – by decades.
These policy proposals will simplify the affordable housing qualification process for all federal housing programs, primarily focusing on PBV and LIHTC, to move eligible households into vacant units more quickly.
A uniform software tool for inputting building permit data would make the U.S. Census Bureau’s Building Permit Survey (BPS) more reliable, and it would also facilitate more fine-grained geographical analysis of new housing development.
The U.S. Bureau of Reclamation (USBR) should prioritize funding water projects for local governments that would expand the production of new housing in their service areas if given the water resources to do so.