About Design of I Have Almost Survived The 79th Raise Extension Or Revision Of The Debt Ceiling Since 1960 T-shirt
Experience the wit and unexpectedness of the “I Have Almost Survived The 79th Raise Extension or Revision of the Debt Ceiling Since 1960” shirt! It’s a one-of-a-kind statement that captures the intricacies of the public debt problem and the 79th rise in the public debt cap since 1960.
So, What is the Debt ceiling? The debt ceiling is the maximum amount of money the U.S. government can borrow by issuing bonds. The debt ceiling was created in 1917 and has been raised or suspended several times over the years to avoid the risk of default, which would have severe consequences for the economy and the global financial system.
According to the Congressional Research Service, 79 represents the total count of times the debt ceiling has been raised or revised since 1960. In December 2021, President Biden and House Speaker McCarthy made a debt ceiling deal that suspended the limit for two years, including spending cuts and policy provisions. The House and the Senate approved the agreement and signed it into law by Biden on December 16, 2021, right before the deadline.
Dealing with financial struggles is a common occurrence, and the issue of public debt is one that we frequently encounter. You may be familiar with the numerous debt ceiling crises that have occurred and are tired of them. Our t-shirt design is a proud declaration of the patience and resilience required to confront complex financial challenges. It reminds us that we must develop sustainable solutions for managing and decreasing public debt. Surviving 79 increases in the public debt limit is a fantastic achievement!
Purchase our shirt now, and let’s work together to create a financially stable future!
Product Detail
Brand: TheKingShirts
Fit: Unisex
Category: Top Trending T Shirts