How close did US debt come to its ceiling in 2012?
In 2012, through , room under the debt limit was lowest on , at $24.00 million; it was under $1 billion on 18 statement days.
The debt limit in 2012 at a glance
| Measure | Value |
|---|---|
| Statement days held | 251 |
| Lowest room left ($ million) | 24 |
| Day of the lowest room | |
| Near the limit: room under this amount ($ million) | 1,000 |
| Statement days near the limit | 18 |
| Statement days with the limit suspended | 0 |
Room left under the limit in 2012
$ trillion
Source: U.S. Treasury, Fiscal Data, Daily Treasury Statement, Table IIIC. Observed .
How much room was left at the end of each month of 2012?
| Month | Date | Subject to the limit | Limit | Room left | Cash balance |
|---|---|---|---|---|---|
| January 2012 | 15,313,698 | 16,394,000 | 1,080,302 | 158,596 | |
| February 2012 | 15,446,261 | 16,394,000 | 947,739 | 62,542 | |
| March 2012 | 15,538,685 | 16,394,000 | 855,315 | 43,480 | |
| April 2012 | 15,649,863 | 16,394,000 | 744,137 | 166,619 | |
| May 2012 | 15,729,950 | 16,394,000 | 664,050 | 112,369 | |
| June 2012 | 15,815,886 | 16,394,000 | 578,114 | 91,419 | |
| July 2012 | 15,894,577 | 16,394,000 | 499,423 | 90,485 | |
| August 2012 | 15,976,711 | 16,394,000 | 417,289 | 30,121 | |
| September 2012 | 16,027,021 | 16,394,000 | 366,979 | 85,446 | |
| October 2012 | 16,222,234 | 16,394,000 | 171,766 | 99,966 | |
| November 2012 | 16,330,895 | 16,394,000 | 63,105 | 48,947 | |
| December 2012 | 16,393,975 | 16,394,000 | 25 | 92,720 |
The table scrolls sideways; the first column stays in place.
When did the limit change in 2012?
| First statement day | Limit before | Limit after |
|---|---|---|
| 15,194,000 | 16,394,000 |
Every statement day
| Date | Subject to the limit | Limit | Room left | Cash balance |
|---|---|---|---|---|
| 16,393,975 | 16,394,000 | 25 | 92,720 | |
| 16,298,021 | 16,394,000 | 95,979 | 58,766 | |
| 16,299,792 | 16,394,000 | 94,208 | 54,749 | |
| 16,299,423 | 16,394,000 | 94,577 | 55,679 | |
| 16,299,094 | 16,394,000 | 94,906 | 63,586 | |
| 16,297,718 | 16,394,000 | 96,282 | 52,097 | |
| 16,295,705 | 16,394,000 | 98,295 | 49,800 | |
| 16,313,535 | 16,394,000 | 80,465 | 75,017 | |
| 16,321,237 | 16,394,000 | 72,763 | 80,337 | |
| 16,312,660 | 16,394,000 | 81,340 | 84,145 |
Show 241 more rows
| Date | Subject to the limit | Limit | Room left | Cash balance |
|---|---|---|---|---|
| 16,321,005 | 16,394,000 | 72,995 | 38,806 | |
| 16,331,399 | 16,394,000 | 62,601 | 28,987 | |
| 16,327,894 | 16,394,000 | 66,106 | 31,399 | |
| 16,337,333 | 16,394,000 | 56,667 | 38,011 | |
| 16,331,501 | 16,394,000 | 62,499 | 41,608 | |
| 16,326,776 | 16,394,000 | 67,224 | 39,477 | |
| 16,327,830 | 16,394,000 | 66,170 | 43,412 | |
| 16,299,340 | 16,394,000 | 94,660 | 21,431 | |
| 16,308,453 | 16,394,000 | 85,547 | 19,121 | |
| 16,299,477 | 16,394,000 | 94,523 | 23,983 | |
| 16,330,895 | 16,394,000 | 63,105 | 48,947 | |
| 16,283,988 | 16,394,000 | 110,012 | 26,607 | |
| 16,267,639 | 16,394,000 | 126,361 | 16,103 | |
| 16,278,595 | 16,394,000 | 115,405 | 27,014 | |
| 16,270,638 | 16,394,000 | 123,362 | 36,034 | |
| 16,268,350 | 16,394,000 | 125,650 | 33,513 | |
| 16,244,031 | 16,394,000 | 149,969 | 15,639 | |
| 16,253,546 | 16,394,000 | 140,454 | 23,412 | |
| 16,246,953 | 16,394,000 | 147,047 | 28,306 | |
| 16,242,135 | 16,394,000 | 151,865 | 26,768 | |
| 16,239,726 | 16,394,000 | 154,274 | 23,374 | |
| 16,205,249 | 16,394,000 | 188,751 | 26,859 | |
| 16,209,146 | 16,394,000 | 184,854 | 40,613 | |
| 16,205,512 | 16,394,000 | 188,488 | 39,622 | |
| 16,206,109 | 16,394,000 | 187,891 | 44,691 | |
| 16,174,797 | 16,394,000 | 219,203 | 23,970 | |
| 16,175,162 | 16,394,000 | 218,838 | 21,624 | |
| 16,170,751 | 16,394,000 | 223,249 | 27,142 | |
| 16,166,882 | 16,394,000 | 227,118 | 25,516 | |
| 16,182,427 | 16,394,000 | 211,573 | 46,728 | |
| 16,222,234 | 16,394,000 | 171,766 | 99,966 | |
| 16,165,031 | 16,394,000 | 228,969 | 43,543 | |
| 16,159,951 | 16,394,000 | 234,049 | 49,775 | |
| 16,158,736 | 16,394,000 | 235,264 | 45,559 | |
| 16,157,990 | 16,394,000 | 236,010 | 47,373 | |
| 16,155,721 | 16,394,000 | 238,279 | 52,847 | |
| 16,164,762 | 16,394,000 | 229,238 | 64,204 | |
| 16,159,582 | 16,394,000 | 234,418 | 66,750 | |
| 16,156,921 | 16,394,000 | 237,079 | 63,289 | |
| 16,159,031 | 16,394,000 | 234,969 | 65,500 | |
| 16,154,023 | 16,394,000 | 239,977 | 68,600 | |
| 16,160,485 | 16,394,000 | 233,515 | 77,480 | |
| 16,151,877 | 16,394,000 | 242,123 | 76,731 | |
| 16,118,406 | 16,394,000 | 275,594 | 45,276 | |
| 16,119,122 | 16,394,000 | 274,878 | 50,672 | |
| 16,118,625 | 16,394,000 | 275,375 | 53,452 | |
| 16,128,791 | 16,394,000 | 265,209 | 69,447 | |
| 16,122,678 | 16,394,000 | 271,322 | 67,010 | |
| 16,122,678 | 16,394,000 | 271,322 | 69,978 | |
| 16,114,135 | 16,394,000 | 279,865 | 73,488 | |
| 16,131,842 | 16,394,000 | 262,158 | 94,981 | |
| 16,120,279 | 16,394,000 | 273,721 | 96,649 | |
| 16,027,021 | 16,394,000 | 366,979 | 85,446 | |
| 15,976,237 | 16,394,000 | 417,763 | 61,623 | |
| 15,976,963 | 16,394,000 | 417,037 | 65,665 | |
| 15,983,856 | 16,394,000 | 410,144 | 75,406 | |
| 15,978,941 | 16,394,000 | 415,059 | 79,661 | |
| 15,977,166 | 16,394,000 | 416,834 | 73,039 | |
| 15,975,476 | 16,394,000 | 418,524 | 72,824 | |
| 15,974,085 | 16,394,000 | 419,915 | 75,676 | |
| 15,982,076 | 16,394,000 | 411,924 | 79,451 | |
| 15,970,028 | 16,394,000 | 423,972 | 74,230 | |
| 16,006,836 | 16,394,000 | 387,164 | 63,322 | |
| 16,006,719 | 16,394,000 | 387,281 | 33,687 | |
| 16,007,395 | 16,394,000 | 386,605 | 38,483 | |
| 16,015,997 | 16,394,000 | 378,003 | 46,323 | |
| 16,009,050 | 16,394,000 | 384,950 | 51,090 | |
| 16,007,675 | 16,394,000 | 386,325 | 47,502 | |
| 16,006,494 | 16,394,000 | 387,506 | 50,732 | |
| 15,981,683 | 16,394,000 | 412,317 | 26,561 | |
| 15,969,050 | 16,394,000 | 424,950 | 29,357 | |
| 15,976,711 | 16,394,000 | 417,289 | 30,121 | |
| 15,952,028 | 16,394,000 | 441,972 | 33,934 | |
| 15,939,694 | 16,394,000 | 454,306 | 25,021 | |
| 15,940,415 | 16,394,000 | 453,585 | 22,188 | |
| 15,936,707 | 16,394,000 | 457,293 | 28,178 | |
| 15,936,257 | 16,394,000 | 457,743 | 24,377 | |
| 15,937,955 | 16,394,000 | 456,045 | 27,840 | |
| 15,921,974 | 16,394,000 | 472,026 | 13,680 | |
| 15,931,629 | 16,394,000 | 462,371 | 21,420 | |
| 15,926,249 | 16,394,000 | 467,751 | 27,134 | |
| 15,923,502 | 16,394,000 | 470,498 | 25,007 | |
| 15,919,395 | 16,394,000 | 474,605 | 31,008 | |
| 15,906,326 | 16,394,000 | 487,674 | 19,906 | |
| 15,880,933 | 16,394,000 | 513,067 | 28,968 | |
| 15,876,981 | 16,394,000 | 517,019 | 31,612 | |
| 15,876,371 | 16,394,000 | 517,629 | 29,169 | |
| 15,877,201 | 16,394,000 | 516,799 | 30,793 | |
| 15,865,345 | 16,394,000 | 528,655 | 26,113 | |
| 15,873,455 | 16,394,000 | 520,545 | 27,183 | |
| 15,870,080 | 16,394,000 | 523,920 | 35,188 | |
| 15,865,974 | 16,394,000 | 528,026 | 33,960 | |
| 15,881,924 | 16,394,000 | 512,076 | 58,993 | |
| 15,868,491 | 16,394,000 | 525,509 | 52,683 | |
| 15,894,577 | 16,394,000 | 499,423 | 90,485 | |
| 15,834,791 | 16,394,000 | 559,209 | 32,855 | |
| 15,839,363 | 16,394,000 | 554,637 | 29,308 | |
| 15,840,533 | 16,394,000 | 553,467 | 30,768 | |
| 15,835,898 | 16,394,000 | 558,102 | 38,258 | |
| 15,843,518 | 16,394,000 | 550,482 | 42,658 | |
| 15,838,249 | 16,394,000 | 555,751 | 48,459 | |
| 15,835,857 | 16,394,000 | 558,143 | 46,187 | |
| 15,835,334 | 16,394,000 | 558,666 | 50,820 | |
| 15,835,032 | 16,394,000 | 558,968 | 58,670 | |
| 15,845,129 | 16,394,000 | 548,871 | 67,054 | |
| 15,836,697 | 16,394,000 | 557,303 | 72,364 | |
| 15,832,094 | 16,394,000 | 561,906 | 60,142 | |
| 15,832,428 | 16,394,000 | 561,572 | 62,635 | |
| 15,837,391 | 16,394,000 | 556,609 | 75,287 | |
| 15,846,776 | 16,394,000 | 547,224 | 84,407 | |
| 15,840,173 | 16,394,000 | 553,827 | 87,513 | |
| 15,840,405 | 16,394,000 | 553,595 | 87,967 | |
| 15,837,516 | 16,394,000 | 556,484 | 93,693 | |
| 15,841,858 | 16,394,000 | 552,142 | 97,508 | |
| 15,849,602 | 16,394,000 | 544,398 | 124,415 | |
| 15,815,886 | 16,394,000 | 578,114 | 91,419 | |
| 15,740,413 | 16,394,000 | 653,587 | 112,110 | |
| 15,738,435 | 16,394,000 | 655,565 | 117,923 | |
| 15,748,577 | 16,394,000 | 645,423 | 127,556 | |
| 15,742,031 | 16,394,000 | 651,969 | 133,810 | |
| 15,737,866 | 16,394,000 | 656,134 | 130,293 | |
| 15,739,060 | 16,394,000 | 654,940 | 133,876 | |
| 15,737,389 | 16,394,000 | 656,611 | 139,880 | |
| 15,744,100 | 16,394,000 | 649,900 | 139,775 | |
| 15,735,551 | 16,394,000 | 658,449 | 130,343 | |
| 15,731,556 | 16,394,000 | 662,444 | 118,143 | |
| 15,696,339 | 16,394,000 | 697,661 | 38,792 | |
| 15,694,567 | 16,394,000 | 699,433 | 36,248 | |
| 15,703,734 | 16,394,000 | 690,266 | 41,410 | |
| 15,697,272 | 16,394,000 | 696,728 | 44,015 | |
| 15,694,693 | 16,394,000 | 699,307 | 41,931 | |
| 15,692,685 | 16,394,000 | 701,315 | 45,729 | |
| 15,693,928 | 16,394,000 | 700,072 | 54,040 | |
| 15,692,729 | 16,394,000 | 701,271 | 49,749 | |
| 15,687,422 | 16,394,000 | 706,578 | 55,859 | |
| 15,684,183 | 16,394,000 | 709,817 | 51,108 | |
| 15,729,950 | 16,394,000 | 664,050 | 112,369 | |
| 15,674,284 | 16,394,000 | 719,716 | 67,595 | |
| 15,671,303 | 16,394,000 | 722,697 | 70,312 | |
| 15,669,204 | 16,394,000 | 724,796 | 66,205 | |
| 15,670,038 | 16,394,000 | 723,962 | 71,897 | |
| 15,671,906 | 16,394,000 | 722,094 | 80,366 | |
| 15,678,815 | 16,394,000 | 715,185 | 91,111 | |
| 15,673,046 | 16,394,000 | 720,954 | 94,339 | |
| 15,669,758 | 16,394,000 | 724,242 | 90,860 | |
| 15,670,364 | 16,394,000 | 723,636 | 92,188 | |
| 15,666,314 | 16,394,000 | 727,686 | 101,035 | |
| 15,673,665 | 16,394,000 | 720,335 | 104,585 | |
| 15,634,535 | 16,394,000 | 759,465 | 101,061 | |
| 15,631,688 | 16,394,000 | 762,312 | 96,750 | |
| 15,632,183 | 16,394,000 | 761,817 | 102,204 | |
| 15,631,560 | 16,394,000 | 762,440 | 102,803 | |
| 15,643,229 | 16,394,000 | 750,771 | 113,248 | |
| 15,633,282 | 16,394,000 | 760,718 | 117,906 | |
| 15,629,376 | 16,394,000 | 764,624 | 115,184 | |
| 15,628,650 | 16,394,000 | 765,350 | 113,113 | |
| 15,638,012 | 16,394,000 | 755,988 | 136,746 | |
| 15,630,734 | 16,394,000 | 763,266 | 131,955 | |
| 15,649,863 | 16,394,000 | 744,137 | 166,619 | |
| 15,580,428 | 16,394,000 | 813,572 | 103,134 | |
| 15,581,068 | 16,394,000 | 812,932 | 100,513 | |
| 15,580,021 | 16,394,000 | 813,979 | 102,592 | |
| 15,584,992 | 16,394,000 | 809,008 | 108,364 | |
| 15,576,888 | 16,394,000 | 817,112 | 81,588 | |
| 15,574,042 | 16,394,000 | 819,958 | 65,797 | |
| 15,572,263 | 16,394,000 | 821,737 | 59,553 | |
| 15,617,425 | 16,394,000 | 776,575 | 103,093 | |
| 15,618,252 | 16,394,000 | 775,748 | 104,044 | |
| 15,611,306 | 16,394,000 | 782,694 | 65,129 | |
| 15,572,361 | 16,394,000 | 821,639 | 26,052 | |
| 15,571,620 | 16,394,000 | 822,380 | 23,565 | |
| 15,574,733 | 16,394,000 | 819,267 | 35,524 | |
| 15,583,467 | 16,394,000 | 810,533 | 45,935 | |
| 15,578,070 | 16,394,000 | 815,930 | 48,775 | |
| 15,575,232 | 16,394,000 | 818,768 | 46,172 | |
| 15,576,322 | 16,394,000 | 817,678 | 48,272 | |
| 15,574,371 | 16,394,000 | 819,629 | 56,774 | |
| 15,573,485 | 16,394,000 | 820,515 | 53,436 | |
| 15,576,953 | 16,394,000 | 817,047 | 79,611 | |
| 15,538,685 | 16,394,000 | 855,315 | 43,480 | |
| 15,537,303 | 16,394,000 | 856,697 | 64,030 | |
| 15,537,682 | 16,394,000 | 856,318 | 68,452 | |
| 15,546,868 | 16,394,000 | 847,132 | 82,286 | |
| 15,543,523 | 16,394,000 | 850,477 | 88,048 | |
| 15,542,995 | 16,394,000 | 851,005 | 86,184 | |
| 15,542,314 | 16,394,000 | 851,686 | 90,959 | |
| 15,531,862 | 16,394,000 | 862,138 | 87,172 | |
| 15,540,807 | 16,394,000 | 853,193 | 98,805 | |
| 15,531,652 | 16,394,000 | 862,348 | 107,604 | |
| 15,523,954 | 16,394,000 | 870,046 | 107,584 | |
| 15,522,183 | 16,394,000 | 871,817 | 101,083 | |
| 15,473,846 | 16,394,000 | 920,154 | 45,420 | |
| 15,481,564 | 16,394,000 | 912,436 | 49,778 | |
| 15,476,517 | 16,394,000 | 917,483 | 50,372 | |
| 15,474,397 | 16,394,000 | 919,603 | 35,753 | |
| 15,475,131 | 16,394,000 | 918,869 | 39,879 | |
| 15,455,706 | 16,394,000 | 938,294 | 26,437 | |
| 15,456,414 | 16,394,000 | 937,586 | 27,967 | |
| 15,449,363 | 16,394,000 | 944,637 | 35,979 | |
| 15,447,224 | 16,394,000 | 946,776 | 35,511 | |
| 15,458,356 | 16,394,000 | 935,644 | 61,827 | |
| 15,446,261 | 16,394,000 | 947,739 | 62,542 | |
| 15,399,794 | 16,394,000 | 994,206 | 25,595 | |
| 15,396,181 | 16,394,000 | 997,819 | 35,300 | |
| 15,395,623 | 16,394,000 | 998,377 | 36,343 | |
| 15,393,319 | 16,394,000 | 1,000,681 | 43,856 | |
| 15,373,968 | 16,394,000 | 1,020,032 | 36,033 | |
| 15,377,436 | 16,394,000 | 1,016,564 | 54,841 | |
| 15,374,192 | 16,394,000 | 1,019,808 | 57,347 | |
| 15,370,620 | 16,394,000 | 1,023,380 | 70,300 | |
| 15,349,348 | 16,394,000 | 1,044,652 | 50,066 | |
| 15,316,991 | 16,394,000 | 1,077,009 | 57,918 | |
| 15,312,796 | 16,394,000 | 1,081,204 | 65,442 | |
| 15,311,676 | 16,394,000 | 1,082,324 | 57,082 | |
| 15,313,400 | 16,394,000 | 1,080,600 | 61,670 | |
| 15,293,280 | 16,394,000 | 1,100,720 | 49,136 | |
| 15,301,110 | 16,394,000 | 1,092,890 | 72,497 | |
| 15,295,478 | 16,394,000 | 1,098,522 | 83,328 | |
| 15,292,678 | 16,394,000 | 1,101,322 | 93,899 | |
| 15,308,966 | 16,394,000 | 1,085,034 | 129,076 | |
| 15,288,345 | 16,394,000 | 1,105,655 | 120,691 | |
| 15,313,698 | 16,394,000 | 1,080,302 | 158,596 | |
| 15,252,831 | 16,394,000 | 1,141,169 | 108,977 | |
| 15,193,975 | 15,194,000 | 25 | 108,533 | |
| 15,193,975 | 15,194,000 | 25 | 109,018 | |
| 15,193,975 | 15,194,000 | 25 | 111,938 | |
| 15,193,976 | 15,194,000 | 24 | 118,680 | |
| 15,193,975 | 15,194,000 | 25 | 115,366 | |
| 15,193,975 | 15,194,000 | 25 | 106,676 | |
| 15,193,974 | 15,194,000 | 26 | 112,642 | |
| 15,193,975 | 15,194,000 | 25 | 108,203 | |
| 15,193,975 | 15,194,000 | 25 | 111,827 | |
| 15,193,975 | 15,194,000 | 25 | 65,264 | |
| 15,193,975 | 15,194,000 | 25 | 65,394 | |
| 15,193,975 | 15,194,000 | 25 | 66,067 | |
| 15,193,975 | 15,194,000 | 25 | 74,511 | |
| 15,193,975 | 15,194,000 | 25 | 80,892 | |
| 15,193,975 | 15,194,000 | 25 | 80,282 | |
| 15,193,975 | 15,194,000 | 25 | 85,528 | |
| 15,193,976 | 15,194,000 | 24 | 87,031 | |
| 15,183,641 | 15,194,000 | 10,359 | 88,451 |
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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