Anthony Astolfi
<div><p>Anthony has over a decade of experience working with companies such as Sony, KB Homes, Sempra Energy; and political campaigns including Rand Paul and Campaign for Liberty.</p></div>
Articles by Anthony
5 Facts About the History of the U.S. Debt Ceiling
A statutorily imposed debt ceiling has been in effect since 1917 when the US Congress passed the Second Liberty Bond Act. Before 1917 there was no debt ceiling in force, but there were parliamentary procedural limitations on the level of possible debt that could be held by government. Prior to 1917, the United States had no debt ceiling. Congress either authorized specific loans or allowed Treasury to issue certain debt instruments and individual debt issues for specific purposes.
Sometimes Con...
16 Oct, 2013
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2 min read