Oh Shit! It’s the Debt Ceiling, again.

Debt ceiling born,

In nineteen-seventeen's war,

Limit set by law.

World War II demands,

Ceiling rises, funding flows,

Debt peaks, war's end nears.

Sixties, seventies,

Social programs, war costs high,

Debt ceiling raised more.

Reagan's era dawns,

Eighteen times the limit grows,

Defense and tax cuts.

Clinton takes the helm,

Four increases mark his term,

Debt climbs to new heights.

Bush takes command,

Seven raises in his term,

Eleven point three.

Obama steps in,

Debt ceiling debates heat,

Suspensions prevail.

Trump at the forefront,

Three raises during his reign,

Suspended again.

Extraordinary,

Measures taken, Treasury,

Avoids default's edge.

Congress must act,

Raising debt ceiling in time,

Or face grave outcome.

Default danger looms,

Interest rates, dollar fall,

Global markets quake.

Politicians fight,

Fiscal policy debates,

Tied to ceiling's fate.

Debt ceiling's role,

Influence on government,

Spending, debt, and growth.

Over ninety times,

Ceiling raised since its first birth,

Debate continues.

Debt ceiling's tale,

A history through haikus,

Financial dance.