The United States has never officially defaulted on its debt obligations, but the country has come dangerously close on several occasions.

The debt ceiling, a statutory limit on the amount of debt the federal government can hold, has been a source of political and economic tension for decades.

The concept of the debt ceiling was first introduced in 1917 with the passing of the Second Liberty Bond Act, which allowed the government to issue bonds to finance the country's involvement in World War I.

Over the years, the debt ceiling has been raised numerous times, with the most recent increase occurring in December 2021, raising the limit to $31.4 trillion. - https://ceilingtrends.com/blog/has-us-ever-defaulted-debt-ceiling/?unique_id_wqamao74

Title Social Post: The Debt Ceiling Conundrum: Exploring the U.S. History of Defaulting on its Finan