debt ceiling Archives - American Cornerstone Institute

What does the 14th Amendment have to do with the debt ceiling? Nothing, despite some Senate Democrats’ suggestions otherwise.

May 19, 2023

The debt limit is the amount of money the government is authorized to borrow in order to meet its existing legal obligations. The current legal debt limit is $31.4 trillion, and since January 19, 2023 the Department of Treasury has engaged in “extraordinary measures”…

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Now is the time to stand firmly in support of America's founding principles and pursue common sense solutions that challenge conventional groupthink. With independent research, grassroots outreach, and collaboration with state and local entities, faith-based groups, and private organizations, ACI will work to heal the divisiveness that plagues our nation's politics.