Found this to be a bit of interest since were closing in on the 75th time in the next week or so.... The debt ceiling has been raised 74 times since 1962, on average that's at least once a year, as you can see no one gives a fuck, if they did it wouldn't have been raised 74 times in 49 years. So here they are raising it again, anything you hear about spending cuts and raising taxes to help cut the economy pay off its debt is just lies, if they really meant it they would take drastic measures right NOW to start eliminating the debt this country is in! How many times has the ceiling been raised? Since March 1962, the debt ceiling has been raised 74 times, according to the Congressional Research Service. Ten of those times have occurred since 2001. Expect more of the same over the next decade. Barring major changes to spending and tax policies, "Congress would repeatedly face demands to raise the debt limit," CRS wrote.