Notable moments in debt ceiling history

Published: Oct 15 2013 12:00:00 AM CDT
Capital - Debt Ceiling

The U.S. debt ceiling has a complicated an interesting history. Since 1917, the U.S. has legally limited the amount of money it can borrow. Take a look at the history of the debt ceiling from its beginnings, through every major milestone in U.S. and see where it stands today. Click on the red markers for important events in history that surround the debt ceiling timeline.