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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.
Debt-limit anxiety is running high. By Peter Schroeder and Cristina Marcos - 10/14/15 06:00 AM EDT. Prolonged turmoil within the House GOP is driving up anxiety that Washington will have real trouble raising the debt limit by Nov. 5. People arenât jumping out of windows yet, but those following the matter closely see plenty of reason to believe Congress could miss its deadline â raising the risk of a default.