How close did US debt come to its ceiling in 2023?
In 2023, through , room under the debt limit was lowest on , at $24.00 million; it was under $1 billion on 95 statement days, and the limit was suspended on 144 days.
The debt limit in 2023 at a glance
| Measure | Value |
|---|---|
| Statement days held | 250 |
| Lowest room left ($ million) | 24 |
| Day of the lowest room | |
| Near the limit: room under this amount ($ million) | 1,000 |
| Statement days near the limit | 95 |
| Statement days with the limit suspended | 144 |
Room left under the limit in 2023
$ 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 2023?
| Month | Date | Subject to the limit | Limit | Room left | Cash balance |
|---|---|---|---|---|---|
| January 2023 | 31,381,438 | 31,381,463 | 25 | 567,908 | |
| February 2023 | 31,381,439 | 31,381,463 | 24 | 415,005 | |
| March 2023 | 31,381,438 | 31,381,463 | 25 | 177,692 | |
| April 2023 | 31,381,438 | 31,381,463 | 25 | 316,381 | |
| May 2023 | 31,381,438 | 31,381,463 | 25 | 48,512 | |
| June 2023 | 32,244,306 | n/a | n/a | 402,394 | |
| July 2023 | 32,519,638 | n/a | n/a | 501,828 | |
| August 2023 | 32,819,064 | n/a | n/a | 541,843 | |
| September 2023 | 33,070,476 | n/a | n/a | 656,889 | |
| October 2023 | 33,583,500 | n/a | n/a | 832,412 | |
| November 2023 | 33,761,054 | n/a | n/a | 758,851 | |
| December 2023 | 33,890,366 | n/a | n/a | 768,590 |
The table scrolls sideways; the first column stays in place.
When did the limit change in 2023?
| First statement day | Limit before | Limit after |
|---|---|---|
| 31,381,463 | n/a |
Every statement day
| Date | Subject to the limit | Limit | Room left | Cash balance |
|---|---|---|---|---|
| 33,890,366 | n/a | n/a | 768,590 | |
| 33,793,824 | n/a | n/a | 724,973 | |
| 33,783,231 | n/a | n/a | 713,064 | |
| 33,791,788 | n/a | n/a | 743,365 | |
| 33,785,951 | n/a | n/a | 732,312 | |
| 33,771,763 | n/a | n/a | 734,159 | |
| 33,756,998 | n/a | n/a | 732,721 | |
| 33,777,755 | n/a | n/a | 751,089 | |
| 33,778,054 | n/a | n/a | 773,190 | |
| 33,768,106 | n/a | n/a | 740,109 |
Show 240 more rows
| Date | Subject to the limit | Limit | Room left | Cash balance |
|---|---|---|---|---|
| 33,723,824 | n/a | n/a | 648,048 | |
| 33,714,068 | n/a | n/a | 630,618 | |
| 33,736,344 | n/a | n/a | 647,560 | |
| 33,738,678 | n/a | n/a | 672,734 | |
| 33,731,005 | n/a | n/a | 663,322 | |
| 33,715,615 | n/a | n/a | 668,198 | |
| 33,703,337 | n/a | n/a | 667,678 | |
| 33,702,766 | n/a | n/a | 664,742 | |
| 33,700,140 | n/a | n/a | 681,693 | |
| 33,685,683 | n/a | n/a | 668,199 | |
| 33,761,054 | n/a | n/a | 758,851 | |
| 33,731,702 | n/a | n/a | 753,570 | |
| 33,733,518 | n/a | n/a | 750,724 | |
| 33,719,524 | n/a | n/a | 753,486 | |
| 33,707,617 | n/a | n/a | 741,224 | |
| 33,648,533 | n/a | n/a | 693,007 | |
| 33,667,762 | n/a | n/a | 728,200 | |
| 33,633,067 | n/a | n/a | 713,770 | |
| 33,626,572 | n/a | n/a | 702,626 | |
| 33,619,725 | n/a | n/a | 699,261 | |
| 33,585,112 | n/a | n/a | 669,976 | |
| 33,622,249 | n/a | n/a | 771,735 | |
| 33,587,106 | n/a | n/a | 756,859 | |
| 33,580,822 | n/a | n/a | 742,834 | |
| 33,580,187 | n/a | n/a | 742,861 | |
| 33,586,693 | n/a | n/a | 763,459 | |
| 33,604,481 | n/a | n/a | 792,916 | |
| 33,568,187 | n/a | n/a | 774,170 | |
| 33,557,992 | n/a | n/a | 763,377 | |
| 33,573,693 | n/a | n/a | 788,127 | |
| 33,522,686 | n/a | n/a | 753,008 | |
| 33,583,500 | n/a | n/a | 832,412 | |
| 33,562,831 | n/a | n/a | 837,969 | |
| 33,560,565 | n/a | n/a | 828,313 | |
| 33,560,149 | n/a | n/a | 835,081 | |
| 33,560,270 | n/a | n/a | 847,717 | |
| 33,570,282 | n/a | n/a | 870,378 | |
| 33,523,387 | n/a | n/a | 834,758 | |
| 33,512,278 | n/a | n/a | 819,841 | |
| 33,511,150 | n/a | n/a | 828,553 | |
| 33,516,099 | n/a | n/a | 841,103 | |
| 33,534,808 | n/a | n/a | 857,495 | |
| 33,477,748 | n/a | n/a | 815,980 | |
| 33,414,218 | n/a | n/a | 702,519 | |
| 33,407,370 | n/a | n/a | 697,013 | |
| 33,424,038 | n/a | n/a | 713,000 | |
| 33,436,355 | n/a | n/a | 743,996 | |
| 33,395,841 | n/a | n/a | 701,735 | |
| 33,397,610 | n/a | n/a | 700,182 | |
| 33,367,183 | n/a | n/a | 678,959 | |
| 33,363,357 | n/a | n/a | 675,324 | |
| 33,337,928 | n/a | n/a | 677,935 | |
| 33,070,476 | n/a | n/a | 656,889 | |
| 33,030,561 | n/a | n/a | 673,174 | |
| 33,033,304 | n/a | n/a | 672,142 | |
| 33,052,040 | n/a | n/a | 700,881 | |
| 33,018,734 | n/a | n/a | 689,999 | |
| 33,006,362 | n/a | n/a | 674,158 | |
| 33,004,045 | n/a | n/a | 682,503 | |
| 32,976,672 | n/a | n/a | 661,717 | |
| 32,996,958 | n/a | n/a | 674,935 | |
| 32,960,112 | n/a | n/a | 664,013 | |
| 32,948,767 | n/a | n/a | 632,855 | |
| 32,891,789 | n/a | n/a | 582,843 | |
| 32,864,945 | n/a | n/a | 537,364 | |
| 32,884,616 | n/a | n/a | 550,831 | |
| 32,846,379 | n/a | n/a | 525,312 | |
| 32,844,186 | n/a | n/a | 509,313 | |
| 32,838,434 | n/a | n/a | 509,104 | |
| 32,810,463 | n/a | n/a | 481,552 | |
| 32,797,239 | n/a | n/a | 488,303 | |
| 32,746,969 | n/a | n/a | 446,118 | |
| 32,819,064 | n/a | n/a | 541,843 | |
| 32,762,861 | n/a | n/a | 500,702 | |
| 32,764,143 | n/a | n/a | 500,010 | |
| 32,723,213 | n/a | n/a | 472,203 | |
| 32,716,837 | n/a | n/a | 461,257 | |
| 32,683,774 | n/a | n/a | 438,914 | |
| 32,648,730 | n/a | n/a | 416,031 | |
| 32,666,954 | n/a | n/a | 441,138 | |
| 32,619,373 | n/a | n/a | 415,598 | |
| 32,611,033 | n/a | n/a | 404,968 | |
| 32,609,603 | n/a | n/a | 408,836 | |
| 32,570,006 | n/a | n/a | 384,814 | |
| 32,588,055 | n/a | n/a | 398,438 | |
| 32,572,653 | n/a | n/a | 463,127 | |
| 32,565,644 | n/a | n/a | 451,362 | |
| 32,564,402 | n/a | n/a | 450,098 | |
| 32,531,892 | n/a | n/a | 432,262 | |
| 32,554,410 | n/a | n/a | 458,998 | |
| 32,522,503 | n/a | n/a | 451,335 | |
| 32,512,290 | n/a | n/a | 441,481 | |
| 32,512,788 | n/a | n/a | 445,120 | |
| 32,510,151 | n/a | n/a | 460,926 | |
| 32,497,688 | n/a | n/a | 458,113 | |
| 32,519,638 | n/a | n/a | 501,828 | |
| 32,566,762 | n/a | n/a | 549,904 | |
| 32,568,347 | n/a | n/a | 551,631 | |
| 32,546,050 | n/a | n/a | 549,897 | |
| 32,561,758 | n/a | n/a | 573,898 | |
| 32,509,234 | n/a | n/a | 545,014 | |
| 32,502,439 | n/a | n/a | 532,834 | |
| 32,501,038 | n/a | n/a | 537,869 | |
| 32,480,967 | n/a | n/a | 537,441 | |
| 32,501,324 | n/a | n/a | 561,519 | |
| 32,446,339 | n/a | n/a | 531,417 | |
| 32,451,782 | n/a | n/a | 521,622 | |
| 32,451,041 | n/a | n/a | 522,700 | |
| 32,431,497 | n/a | n/a | 517,418 | |
| 32,450,921 | n/a | n/a | 542,784 | |
| 32,394,504 | n/a | n/a | 511,777 | |
| 32,389,038 | n/a | n/a | 504,990 | |
| 32,385,254 | n/a | n/a | 513,410 | |
| 32,315,246 | n/a | n/a | 446,864 | |
| 32,234,290 | n/a | n/a | 394,457 | |
| 32,244,306 | n/a | n/a | 402,394 | |
| 32,228,559 | n/a | n/a | 465,122 | |
| 32,160,045 | n/a | n/a | 408,561 | |
| 32,179,069 | n/a | n/a | 437,999 | |
| 32,108,734 | n/a | n/a | 388,777 | |
| 32,084,185 | n/a | n/a | 377,384 | |
| 32,079,660 | n/a | n/a | 366,505 | |
| 32,008,869 | n/a | n/a | 292,106 | |
| 32,017,742 | n/a | n/a | 327,925 | |
| 31,956,056 | n/a | n/a | 266,875 | |
| 31,950,372 | n/a | n/a | 250,417 | |
| 31,869,769 | n/a | n/a | 134,857 | |
| 31,890,043 | n/a | n/a | 133,059 | |
| 31,841,911 | n/a | n/a | 100,939 | |
| 31,835,072 | n/a | n/a | 86,001 | |
| 31,834,613 | n/a | n/a | 87,972 | |
| 31,772,316 | n/a | n/a | 77,500 | |
| 31,770,727 | n/a | n/a | 71,577 | |
| 31,741,406 | n/a | n/a | 71,218 | |
| 31,381,438 | 31,381,463 | 25 | 23,368 | |
| 31,381,439 | 31,381,463 | 24 | 22,892 | |
| 31,381,438 | 31,381,463 | 25 | 48,512 | |
| 31,381,438 | 31,381,463 | 25 | 37,357 | |
| 31,381,438 | 31,381,463 | 25 | 54,493 | |
| 31,381,439 | 31,381,463 | 24 | 38,837 | |
| 31,381,438 | 31,381,463 | 25 | 49,473 | |
| 31,381,437 | 31,381,463 | 26 | 76,546 | |
| 31,381,437 | 31,381,463 | 26 | 68,335 | |
| 31,381,438 | 31,381,463 | 25 | 60,656 | |
| 31,381,437 | 31,381,463 | 26 | 57,341 | |
| 31,381,438 | 31,381,463 | 25 | 68,332 | |
| 31,381,438 | 31,381,463 | 25 | 94,629 | |
| 31,381,438 | 31,381,463 | 25 | 87,431 | |
| 31,381,438 | 31,381,463 | 25 | 139,944 | |
| 31,381,437 | 31,381,463 | 26 | 143,314 | |
| 31,381,438 | 31,381,463 | 25 | 154,808 | |
| 31,381,438 | 31,381,463 | 25 | 184,915 | |
| 31,381,438 | 31,381,463 | 25 | 215,133 | |
| 31,381,438 | 31,381,463 | 25 | 206,714 | |
| 31,381,438 | 31,381,463 | 25 | 208,666 | |
| 31,381,438 | 31,381,463 | 25 | 188,309 | |
| 31,381,438 | 31,381,463 | 25 | 214,882 | |
| 31,381,438 | 31,381,463 | 25 | 238,463 | |
| 31,381,438 | 31,381,463 | 25 | 316,381 | |
| 31,381,437 | 31,381,463 | 26 | 293,717 | |
| 31,381,437 | 31,381,463 | 26 | 296,209 | |
| 31,381,438 | 31,381,463 | 25 | 315,930 | |
| 31,381,438 | 31,381,463 | 25 | 307,101 | |
| 31,381,438 | 31,381,463 | 25 | 280,912 | |
| 31,381,438 | 31,381,463 | 25 | 279,942 | |
| 31,381,439 | 31,381,463 | 24 | 265,095 | |
| 31,381,438 | 31,381,463 | 25 | 252,552 | |
| 31,381,439 | 31,381,463 | 24 | 144,079 | |
| 31,381,438 | 31,381,463 | 25 | 134,890 | |
| 31,381,438 | 31,381,463 | 25 | 99,488 | |
| 31,381,438 | 31,381,463 | 25 | 86,554 | |
| 31,381,438 | 31,381,463 | 25 | 107,469 | |
| 31,381,438 | 31,381,463 | 25 | 125,004 | |
| 31,381,438 | 31,381,463 | 25 | 110,822 | |
| 31,381,438 | 31,381,463 | 25 | 112,965 | |
| 31,381,438 | 31,381,463 | 25 | 140,688 | |
| 31,381,438 | 31,381,463 | 25 | 140,347 | |
| 31,381,438 | 31,381,463 | 25 | 173,105 | |
| 31,381,438 | 31,381,463 | 25 | 177,692 | |
| 31,381,438 | 31,381,463 | 25 | 194,336 | |
| 31,381,439 | 31,381,463 | 24 | 162,758 | |
| 31,381,437 | 31,381,463 | 26 | 166,348 | |
| 31,381,437 | 31,381,463 | 26 | 200,926 | |
| 31,381,438 | 31,381,463 | 25 | 187,365 | |
| 31,381,438 | 31,381,463 | 25 | 192,910 | |
| 31,381,438 | 31,381,463 | 25 | 199,856 | |
| 31,381,438 | 31,381,463 | 25 | 224,604 | |
| 31,381,437 | 31,381,463 | 26 | 267,101 | |
| 31,381,439 | 31,381,463 | 24 | 280,148 | |
| 31,381,437 | 31,381,463 | 26 | 285,108 | |
| 31,381,438 | 31,381,463 | 25 | 277,643 | |
| 31,381,437 | 31,381,463 | 26 | 253,921 | |
| 31,381,438 | 31,381,463 | 25 | 227,312 | |
| 31,381,438 | 31,381,463 | 25 | 208,074 | |
| 31,381,438 | 31,381,463 | 25 | 246,969 | |
| 31,381,438 | 31,381,463 | 25 | 311,731 | |
| 31,381,438 | 31,381,463 | 25 | 344,724 | |
| 31,381,438 | 31,381,463 | 25 | 340,182 | |
| 31,381,438 | 31,381,463 | 25 | 327,193 | |
| 31,381,438 | 31,381,463 | 25 | 355,232 | |
| 31,381,438 | 31,381,463 | 25 | 351,015 | |
| 31,381,439 | 31,381,463 | 24 | 415,005 | |
| 31,381,438 | 31,381,463 | 25 | 394,017 | |
| 31,381,438 | 31,381,463 | 25 | 381,671 | |
| 31,381,438 | 31,381,463 | 25 | 363,666 | |
| 31,381,438 | 31,381,463 | 25 | 451,307 | |
| 31,381,439 | 31,381,463 | 24 | 508,286 | |
| 31,381,438 | 31,381,463 | 25 | 475,675 | |
| 31,381,438 | 31,381,463 | 25 | 479,039 | |
| 31,381,438 | 31,381,463 | 25 | 439,703 | |
| 31,381,436 | 31,381,463 | 27 | 526,992 | |
| 31,381,437 | 31,381,463 | 26 | 501,103 | |
| 31,381,437 | 31,381,463 | 26 | 490,201 | |
| 31,381,437 | 31,381,463 | 26 | 494,252 | |
| 31,381,437 | 31,381,463 | 26 | 495,838 | |
| 31,381,437 | 31,381,463 | 26 | 528,118 | |
| 31,381,436 | 31,381,463 | 27 | 489,948 | |
| 31,381,436 | 31,381,463 | 27 | 477,618 | |
| 31,381,437 | 31,381,463 | 26 | 506,179 | |
| 31,381,438 | 31,381,463 | 25 | 500,852 | |
| 31,381,438 | 31,381,463 | 25 | 567,908 | |
| 31,381,436 | 31,381,463 | 27 | 579,826 | |
| 31,381,437 | 31,381,463 | 26 | 567,827 | |
| 31,381,437 | 31,381,463 | 26 | 568,553 | |
| 31,381,437 | 31,381,463 | 26 | 572,622 | |
| 31,381,436 | 31,381,463 | 27 | 579,841 | |
| 31,381,437 | 31,381,463 | 26 | 471,005 | |
| 31,381,437 | 31,381,463 | 26 | 454,615 | |
| 31,381,437 | 31,381,463 | 26 | 455,623 | |
| 31,342,268 | 31,381,463 | 39,195 | 377,500 | |
| 31,343,934 | 31,381,463 | 37,529 | 398,974 | |
| 31,311,524 | 31,381,463 | 69,939 | 321,572 | |
| 31,310,808 | 31,381,463 | 70,655 | 310,363 | |
| 31,303,347 | 31,381,463 | 78,116 | 346,426 | |
| 31,322,936 | 31,381,463 | 58,527 | 368,000 | |
| 31,317,259 | 31,381,463 | 64,204 | 385,220 | |
| 31,312,622 | 31,381,463 | 68,841 | 375,694 | |
| 31,307,088 | 31,381,463 | 74,375 | 379,653 | |
| 31,303,801 | 31,381,463 | 77,662 | 379,620 | |
| 31,279,043 | 31,381,463 | 102,420 | 386,114 |
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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