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Prior to the 2011 debt ceiling crisis, the debt ceiling was last raised on February 12, 2010 to $14.294 trillion. [ 41 ] [ 42 ] On April 15, 2011, Congress passed the last part of the 2011 United States federal budget in the beginning 2012, authorizing federal government spending for the remainder of the 2011 fiscal year, which ended on ...
The debt-ceiling drama may be over, but -- for state governments -- the ramifications are just beginning to reverberate. The new law requires a 12-member, bipartisan "super committee" to recommend ...
The debate sounds eerily similar: Newly elected House Republicans, eager to confront the Democratic president, refused to raise the debt limit without cuts to federal spending.
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A special election was held May 24, 2011. [34] Kathy Hochul (D) June 1, 2011 California 36th: Jane Harman (D) Resigned February 28, 2011, to become the head of the Woodrow Wilson Center. [35] A special election was held July 12, 2011. [36] Janice Hahn (D) July 19, 2011 Nevada 2nd: Dean Heller (R) Resigned May 9, 2011, when appointed to the ...
Lessons from Election 2011 "State Elections Legislation Database", Ncsl.org, Washington, D.C.: National Conference of State Legislatures, State legislation related to the administration of elections introduced in 2011 through this year; 2011 state legislative elections on Ballotpedia; 2011 ballot measures and potential 2011 ballot measures on ...
The U.S. debt ceiling talks continue to stagnate in Washington, but the degree to which the rest of the country cares seems limited at best. In the meantime, the debate appears to be political ...
The history of the United States debt ceiling deals with movements in the United States debt ceiling since it was created in 1917. Management of the United States public debt is an important part of the macroeconomics of the United States economy and finance system, and the debt ceiling is a limitation on the federal government's ability to manage the economy and finance system.