The shocking number, however, is only slightly higher than the current actual debt of some $21 trillion.
The ceiling has been in suspension and the debt has grown under President Trump. It is set to be reinstated on March 2, 2019.
The BPC analysis said: "Treasury will be able to fully fund the government until at least mid-summer 2019 by using extraordinary measures, cash-on-hand, and incoming cash flow. But costs to taxpayers will start earlier from factors associated with reaching the debt limit such as higher interest rates on U.S. Treasury securities."
The analysis warned of troubles with the growing debt.