[PAR] [TLE] History of United States debt ceiling [SEP] 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. [PAR] [TLE] National debt of the United States [SEP] The national debt of the United States is the amount owed by the federal government of the United States.  The measure of the public debt is the value of the outstanding Treasury securities at a point of time that have been issued by the Treasury and other federal government agencies.  The terms national deficit and national surplus usually refer to the federal government budget balance from year to year, not the cumulative total.  A deficit year increases the debt because more money is spent than is received; a surplus year decreases the debt because more money is received than spent.
[PAR] [TLE] History of United States debt ceiling [ SEP ] 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 . [PAR] [TLE] National debt of the United States [ SEP ] The national debt of the United States is the amount owed by the federal government of the United States . The measure of the public debt is the value of the outstanding Treasury securities at a point of time that have been issued by the Treasury and other federal government agencies . The terms national deficit and national surplus usually refer to the federal government budget balance from year to year , not the cumulative total . A deficit year increases the debt because more money is spent than is received ; a surplus year decreases the debt because more money is received than spent .
The amount owed by the federal government of the United States is part of the macroeconomics of a debt ceiling that was created when?
The amount owed by the federal government of the United States is part of the macroeconomics of a debt ceiling that was created when ?
1917
1917