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Brief

Debt Limits

How States Restrict Borrowing

Kim S. Rueben, Megan Randall
November 28, 2017
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Abstract

Debt limits are provisions that limit a state’s ability to take on new debt or debt service. This fact sheet describes the different rules that states use to limit debt and reviews evidence on how debt limits affect fiscal outcomes.

Research Area

State and Local Issues State and local budgets
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Meet the Experts

  • Kim S. Rueben
    Senior Fellow
  • Megan Randall
    Research Analyst
Research report

An Analysis of Donald Trump's Revised Tax Plan

James R. Nunns, Leonard E. Burman, Jeffrey Rohaly, Joseph Rosenberg
October 18, 2016
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  • © Urban Institute, Brookings Institution, and individual authors, 2016.