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Since March 1962, the debt ceiling has been raised 74 times, according to the Congressional Research Service. Ten of those times have occurred since 2001. Expect more of the same over the next decade.
Would you have voted to raise the debt ceiling? The U.S. government is a lot like a person in that it can borrow money. Unlike people, though, with the approval of Congress, the government can raise its debt ceiing - the most its legally allowed to owe - if it hits the current limit.