Event

2023 United States debt-ceiling crisis

3 Jun 2023 · 40.00° N, 100.00° W

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What the records say

When
3 Jun 2023
Kind
Event
Coordinates
40.00° N, 100.00° W

Placed at the country named in the title of the event it links, United States.

Summary

2023 United States debt-ceiling crisis: Biden signs the Fiscal Responsibility Act of 2023 into law in an effort to prevent the United States from entering a debt ceiling default.

2023 United States debt-ceiling crisis

On January 19, 2023, the United States hit its debt ceiling, leading to a debt-ceiling crisis, part of an ongoing political debate within Congress about federal government spending and the national debt that the U.S. government accrues. In response, U.S. treasury secretary Janet Yellen began enacting temporary "extraordinary measures".

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