# Budget Control Act signed after debt-ceiling brinkmanship

Date: 2011

In the United States, the debt ceiling is a law limiting the total amount of money the federal government can borrow. Since 2025, the debt ceiling is $41. 1 trillion after being raised by $5 trillion through the "One Big Beautiful Bill Act" (OBBBA).

## Sources

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## Methodology

https://factrail.ai/methodology

Canonical: https://factrail.ai/facts/budget-control-act-signed-2011-08-02