FAS

The Debt Limit: History and Recent Increases

04.12.11 | 1 min read | Text by Steven Aftergood

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.

publications
See all publications
Government Capacity
Policy Memo
We Need a U.S. Permitting Corps: Executive and Legislative Recommendations

Despite significant political momentum behind reform efforts, limited attention has been paid to the federal workforce that will actually be responsible for interpreting and implementing new permitting regulations and better outcomes.

07.08.26 | 10 min read
read more
Environment
Press release
Amid Sweltering Weather, the Federation of American Scientists Releases Expert-Sourced “State and Local Heat Policy Agenda”

Nearly 150 organizations and government officials have endorsed the call to action and solutions for extreme heat, now public at HeatAgenda.US Washington, D.C. – July 7, 2026 – As millions of Americans continue to struggle to stay cool following one of the hottest Independence Day holidays on record, the Federation of American Scientists (FAS), one […]

07.07.26 | 3 min read
read more
Environment
Issue Brief
Policy Memo
The State and Local Heat Policy Agenda

Addressing rising heat will take all of us. Together, we can create heat-safe homes, workplaces, schools, childcare facilities, and communities – the backbone of a heat-ready nation.

07.07.26 | 5 min read
read more
Emerging Technology
day one project
Policy Memo
Securing Cell-Free Biomanufacturing as a Strategic National Capability

DNA synthesis and export controls remain the primary regulatory safeguards against de novo production of harmful biological agents, yet governance frameworks lack the situational awareness and enforcement capacity to keep pace with rapidly falling technical barriers.

07.02.26 | 11 min read
read more