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How close did US debt come to its ceiling in 2007?

In 2007, through , room under the debt limit was lowest on , at $34.82 billion.

The debt limit in 2007 at a glance

The debt limit in 2007
MeasureValue
Statement days held251
Lowest room left ($ million)34,823
Day of the lowest room
Near the limit: room under this amount ($ million)1,000
Statement days near the limit0
Statement days with the limit suspended0

Room left under the limit in 2007

$ trillion

Room left under the limit in 20070.00.30.50.81.02 January 200731 December 2007Room left under the limit in 20070.00.30.50.81.02 January 200731 December 2007

Source: U.S. Treasury, Fiscal Data, Daily Treasury Statement, Table IIIC. Observed .

How much room was left at the end of each month of 2007?

Last statement day of each month ($ million)
MonthDateSubject to the limitLimitRoom leftCash balance
January 20078,619,4998,965,000345,5016,053
February 20078,690,9218,965,000274,0795,194
March 20078,760,7348,965,000204,2664,245
April 20078,753,0698,965,000211,93129,504
May 20078,740,8918,965,000224,1095,340
June 20078,779,1688,965,000185,8324,649
July 20078,845,4178,965,000119,5835,126
August 20078,918,4918,965,00046,5094,579
September 20078,921,3448,965,00043,6565,539
October 20078,994,6399,815,000820,3614,307
November 20079,065,8279,815,000749,1734,669
December 20079,144,7169,815,000670,28416,120

The table scrolls sideways; the first column stays in place.

When did the limit change in 2007?

Changes in the statutory limit ($ million; a dash means suspended)
First statement dayLimit beforeLimit after
8,965,0009,815,000

Every statement day

Each Daily Treasury Statement of 2007 ($ million)
DateSubject to the limitLimitRoom leftCash balance
9,144,7169,815,000670,28416,120
9,036,6439,815,000778,3575,572
9,039,9969,815,000775,0044,620
9,055,7489,815,000759,2524,529
9,058,3749,815,000756,6266,575
9,055,8139,815,000759,1873,924
9,053,8739,815,000761,1274,918
9,063,4619,815,000751,5394,586
9,069,0619,815,000745,93913,867
9,059,7279,815,000755,27315,518
Show 241 more rows
DateSubject to the limitLimitRoom leftCash balance
9,088,9279,815,000726,0734,720
9,088,9279,815,000726,0734,371
9,091,5159,815,000723,4854,333
9,088,8949,815,000726,1064,727
9,084,9189,815,000730,0825,405
9,082,7059,815,000732,2954,657
9,084,8299,815,000730,1715,381
9,080,4429,815,000734,5585,079
9,080,2579,815,000734,7434,793
9,071,7989,815,000743,2024,530
9,065,8279,815,000749,1734,669
9,054,5359,815,000760,4655,922
9,046,0599,815,000768,9414,711
9,052,5239,815,000762,4775,191
9,048,7579,815,000766,2434,752
9,045,5739,815,000769,4275,418
9,035,3089,815,000779,6925,324
9,040,3079,815,000774,6935,591
9,035,2199,815,000779,7814,397
9,030,4969,815,000784,5045,119
9,027,6539,815,000787,3474,044
9,025,4789,815,000789,5225,540
9,026,7609,815,000788,2405,051
9,026,1509,815,000788,8505,272
9,025,7499,815,000789,2514,317
8,999,3849,815,000815,6164,902
9,000,8569,815,000814,1445,225
8,996,2679,815,000818,7334,600
8,993,3319,815,000821,6694,965
8,994,6159,815,000820,3856,210
8,994,6399,815,000820,3614,307
8,972,9459,815,000842,0555,022
8,975,0929,815,000839,9085,302
8,974,5829,815,000840,4184,945
8,974,2009,815,000840,8005,182
8,968,5409,815,000846,4604,737
8,972,4269,815,000842,5745,854
8,968,5589,815,000846,4424,676
8,967,8499,815,000847,1515,147
8,967,2769,815,000847,7244,615
8,969,7169,815,000845,2845,105
8,972,6449,815,000842,3565,007
8,968,1809,815,000846,8204,747
8,958,0919,815,000856,9095,114
8,956,6659,815,000858,3355,364
8,964,0859,815,000850,9154,166
8,968,3039,815,000846,6974,505
8,968,2099,815,000846,7913,919
8,963,5919,815,000851,4096,304
8,975,3939,815,000839,6075,645
8,983,7909,815,000831,2105,447
8,976,3689,815,000838,6325,776
8,921,3448,965,00043,6565,539
8,886,4658,965,00078,5354,527
8,908,3268,965,00056,6744,943
8,913,7348,965,00051,2664,743
8,907,3968,965,00057,6044,013
8,904,6388,965,00060,3624,771
8,903,1388,965,00061,8625,317
8,920,2798,965,00044,7214,455
8,923,5948,965,00041,4065,008
8,913,9288,965,00051,0727,550
8,930,1778,965,00034,8235,231
8,929,2088,965,00035,7925,207
8,924,9998,965,00040,0015,188
8,929,0088,965,00035,9925,142
8,922,1208,965,00042,8803,239
8,922,7458,965,00042,2554,470
8,922,1348,965,00042,8666,306
8,919,5008,965,00045,5004,489
8,908,5408,965,00056,4604,794
8,918,4918,965,00046,5094,579
8,901,6618,965,00063,3395,195
8,895,8168,965,00069,1844,924
8,896,5488,965,00068,4525,182
8,892,0588,965,00072,9424,781
8,892,4318,965,00072,5695,096
8,891,8288,965,00073,1725,448
8,883,6848,965,00081,3165,329
8,888,4628,965,00076,5384,954
8,884,2478,965,00080,7535,508
8,883,8648,965,00081,1364,411
8,879,3298,965,00085,6714,873
8,877,4928,965,00087,5085,109
8,886,3328,965,00078,6684,755
8,882,0508,965,00082,9504,667
8,880,3238,965,00084,6774,749
8,881,3858,965,00083,6154,366
8,854,5018,965,000110,4994,670
8,859,4908,965,000105,5104,750
8,854,6568,965,000110,3445,375
8,850,8128,965,000114,1885,085
8,857,2608,965,000107,7404,937
8,826,5638,965,000138,4374,769
8,845,4178,965,000119,5835,126
8,821,4368,965,000143,5644,536
8,830,3578,965,000134,6434,959
8,825,6228,965,000139,3784,806
8,811,8178,965,000153,1834,931
8,815,1888,965,000149,8124,998
8,810,9678,965,000154,0335,690
8,809,9408,965,000155,0604,894
8,809,1238,965,000155,8775,061
8,800,5418,965,000164,4594,100
8,805,8428,965,000159,1584,851
8,798,3338,965,000166,6673,849
8,789,1738,965,000175,8273,821
8,789,3348,965,000175,6664,956
8,784,9948,965,000180,0064,914
8,789,8868,965,000175,1144,453
8,786,0478,965,000178,9534,865
8,787,2638,965,000177,7375,098
8,784,0288,965,000180,9724,860
8,782,3178,965,000182,6834,117
8,781,0038,965,000183,9975,356
8,779,1688,965,000185,8324,649
8,705,7138,965,000259,2874,709
8,718,8168,965,000246,1844,039
8,723,7878,965,000241,2135,170
8,719,5678,965,000245,4335,471
8,715,5248,965,000249,4764,813
8,712,8528,965,000252,1485,343
8,726,5968,965,000238,4046,022
8,729,7878,965,000235,2134,355
8,720,8368,965,000244,1644,747
8,716,2848,965,000248,7165,980
8,747,3328,965,000217,6685,264
8,759,7328,965,000205,2684,742
8,763,4558,965,000201,5454,783
8,759,4548,965,000205,5465,076
8,757,2558,965,000207,7454,927
8,754,4958,965,000210,5055,319
8,761,7338,965,000203,2675,396
8,763,2918,965,000201,7094,486
8,744,0058,965,000220,9955,110
8,740,2828,965,000224,7184,744
8,740,8918,965,000224,1095,340
8,732,5108,965,000232,4904,637
8,731,5028,965,000233,4985,251
8,728,8728,965,000236,1285,309
8,728,7018,965,000236,2995,157
8,722,1878,965,000242,8134,312
8,724,4498,965,000240,5515,293
8,719,7378,965,000245,2635,412
8,717,0618,965,000247,9394,828
8,716,8288,965,000248,1724,890
8,713,7978,965,000251,2034,125
8,716,1358,965,000248,8654,630
8,732,4488,965,000232,5524,414
8,730,9168,965,000234,0844,235
8,729,2378,965,000235,7635,284
8,735,3178,965,000229,6834,726
8,740,7508,965,000224,2504,902
8,732,5968,965,000232,4044,170
8,728,1578,965,000236,8435,409
8,726,2818,965,000238,7194,375
8,748,5148,965,000216,48625,350
8,737,6638,965,000227,33726,577
8,753,0698,965,000211,93129,504
8,728,2578,965,000236,7435,713
8,730,4048,965,000234,5965,636
8,747,6438,965,000217,35712,250
8,747,6948,965,000217,3066,641
8,739,5088,965,000225,4925,236
8,736,4368,965,000228,5645,400
8,733,5418,965,000231,4595,412
8,754,3918,965,000210,6095,235
8,760,7338,965,000204,2675,523
8,781,1438,965,000183,8576,867
8,804,3548,965,000160,6465,748
8,794,9038,965,000170,0973,307
8,797,9828,965,000167,0184,758
8,798,6178,965,000166,3834,767
8,794,6978,965,000170,3034,653
8,792,6858,965,000172,3154,541
8,796,0348,965,000168,9664,905
8,781,4248,965,000183,5764,973
8,780,2958,965,000184,7055,057
8,761,7228,965,000203,2785,505
8,760,7348,965,000204,2664,245
8,748,6908,965,000216,3105,118
8,753,5708,965,000211,4304,772
8,758,7568,965,000206,2445,002
8,754,4218,965,000210,5794,760
8,749,8568,965,000215,1445,143
8,744,4498,965,000220,5514,971
8,746,4918,965,000218,5094,721
8,750,4838,965,000214,5175,328
8,746,7998,965,000218,2015,471
8,739,6728,965,000225,3285,351
8,737,8238,965,000227,1776,285
8,745,7288,965,000219,2725,113
8,750,8218,965,000214,1794,923
8,745,4138,965,000219,5874,910
8,744,4258,965,000220,5755,189
8,744,9678,965,000220,0334,752
8,731,3158,965,000233,6854,449
8,731,6828,965,000233,3184,873
8,724,5368,965,000240,4645,386
8,720,7828,965,000244,2184,325
8,700,5418,965,000264,4595,394
8,690,9218,965,000274,0795,194
8,685,1878,965,000279,8134,594
8,683,9848,965,000281,0164,606
8,680,0108,965,000284,9904,539
8,678,9898,965,000286,0114,704
8,663,7658,965,000301,2355,304
8,663,2968,965,000301,7045,594
8,656,6548,965,000308,3464,819
8,649,1638,965,000315,8374,404
8,624,7878,965,000340,2135,102
8,629,9038,965,000335,0975,131
8,625,2638,965,000339,7375,163
8,624,4558,965,000340,5454,967
8,624,4638,965,000340,5374,801
8,611,3748,965,000353,6265,255
8,611,4248,965,000353,5765,816
8,607,6638,965,000357,3374,524
8,604,6958,965,000360,3055,048
8,606,1128,965,000358,8884,939
8,619,4998,965,000345,5016,053
8,600,8008,965,000364,2004,825
8,599,8538,965,000365,1474,906
8,594,6528,965,000370,3484,949
8,594,7768,965,000370,2244,756
8,591,8458,965,000373,1555,412
8,593,5408,965,000371,4605,302
8,588,4308,965,000376,5705,899
8,586,4488,965,000378,5524,796
8,584,8218,965,000380,1794,782
8,584,8278,965,000380,1735,533
8,581,1408,965,000383,8604,643
8,586,4438,965,000378,5574,407
8,586,3948,965,000378,6064,998
8,586,1288,965,000378,8724,999
8,590,3308,965,000374,6705,151
8,585,3058,965,000379,6954,642
8,585,2478,965,000379,7534,825
8,582,5578,965,000382,4434,312
8,589,8788,965,000375,1226,156
8,590,7558,965,000374,2455,784

The table scrolls sideways; the first column stays in place.

Source: U.S. Treasury, Fiscal Data, Daily Treasury Statement. Observed .

Sources and licence

Sources and licence

  • U.S. Treasury, Bureau of the Fiscal Service, Fiscal Data (source). Licence: Public domain, a work of the US federal government

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