Meet the new debt ceiling: $22.03 trillion

Published



The U.S. government has been living under a new debt ceiling since the weekend: roughly $22.03 trillion.

The debt ceiling took effect again on Saturday after it was suspended for more than a year. That suspension allowed the government to borrow whatever it wants, free of any legal restriction or cap.

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.