<P> The history of 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 . The debt ceiling is also a limitation on the federal government 's ability to finance government operations , and the failure of Congress to authorise an increase in the debt ceiling has resulted in crises , especially in recent years . The debt ceiling has been suspended since October 30 , 2015 . </P>
<P> The history of 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 . The debt ceiling is also a limitation on the federal government 's ability to finance government operations , and the failure of Congress to authorise an increase in the debt ceiling has resulted in crises , especially in recent years . The debt ceiling has been suspended since October 30 , 2015 . </P>
when was the last time the debt ceiling was raised
when was the last time the debt ceiling was raised
October 30 , 2015
October 30 , 2015