Statements (22)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
statutory limit
|
| gptkbp:administeredBy |
gptkb:United_States_Department_of_the_Treasury
|
| gptkbp:consequenceOfNotRaising |
potential government default
|
| gptkbp:country |
gptkb:United_States
|
| gptkbp:criticizedFor |
causing political standoffs
|
| gptkbp:debatedBy |
gptkb:Democratic_Party
gptkb:Republican_Party |
| gptkbp:established |
1917
|
| gptkbp:establishedBy |
gptkb:Second_Liberty_Bond_Act
|
| gptkbp:firstLimit |
$11.5 billion
|
| https://www.w3.org/2000/01/rdf-schema#label |
US debt ceiling
|
| gptkbp:lastRaised |
2023
|
| gptkbp:legalBasis |
gptkb:U.S._Code_Title_31,_Section_3101
|
| gptkbp:notableRelease |
gptkb:United_States_Congress
|
| gptkbp:opponentsArgue |
creates unnecessary risk
|
| gptkbp:purpose |
limit federal government borrowing
|
| gptkbp:relatedTo |
gptkb:government
gptkb:United_States_national_debt debt ceiling crisis |
| gptkbp:supportersArgue |
promotes fiscal responsibility
|
| gptkbp:bfsParent |
gptkb:US_debt_ceiling_crisis
|
| gptkbp:bfsLayer |
7
|