gao_reports: GAO-26-107872

Government Accountability Office reports (1994–2008) with abstracts, legal references, and subject classifications.

This data as json

package_id	title	date_issued	report_number	document_type	doc_class	abstract	subjects	public_laws	usc_references	statute_references	citation	pdf_url	html_url	detail_url	sudocs
GAO-26-107872	Debt Limit: Prolonged Negotiations Increase Taxpayer Costs and Disrupt Financial Markets	2026-03-25	GAO-26-107872			Congress sets a limit on federal borrowing, known as the debt limit. When the debt reaches the limit, and Congress doesn't act quickly to raise or suspend it, there's an impasse. These have become more frequent. Impasses have disrupted financial markets and increased the nation's borrowing costs—which could be avoided. As debt approaches the limit, investors often demand higher interest rates on new U.S. debt...								https://www.gao.gov/products/gao-26-107872