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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.
By the Treasury Departmentâs count, Congress has acted 78 times since 1960 to raise, extend or alter the definition of the debt limit â 49 times under Republican presidents, and 29 times under Democratic presidents.