Define Debt Ceiling

The Federal Debt Ceiling. Jump to other results.

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National debt ceiling - a limit set by Congress beyond which the national debt cannot rise.

Define debt ceiling. Simply stated the debt ceiling is the amount of debt the United States can legally owe. The debt ceiling does not control or limit the ability of the Federal Government to run deficits or. Questions about grammar and vocabulary.

An upper limit set on the amount of money that a government may borrow. The debt ceiling is a limit imposed by Congress on how much debt the federal government can carry at any given time. The upper limit on the amount of money that a government can borrow.

Debt ceiling - the maximum borrowing power of a governmental entity. The debt ceiling debt limit or statutory debt limit is the total amount of money the US. The term especially applies to municipalities.

The maximum borrowing power of a governmental entity. Periodically raised by Congress. Meaning of national debt ceiling.

Debt ceiling chicken A game where everyone in Congress refuses to agree on a deal to raise the debt ceiling until the last possible minute. Meaning pronunciation translations and examples. Debt ceiling unknown A debt limit which is set by Congress and determines the absolute amount of federal debt the United States can hold.

Cities and other local governments that are near the debt limit may issue participation certificates--a right to the receivables for a certain project--instead of direct debt. Debt - money or goods or services owed by one person to another. Debt limit debt ceiling noun.

Debt ceiling debt limit - the maximum borrowing power of a governmental entity. National debt ceiling - a limit set by Congress beyond which the national debt cannot rise. It is the maximum amount we allow ourselves to borrow.

Its established by majority agreement of the Senate and House of Representatives. We also use the term debt ceiling when talking about our own or a business debt limit. We are talking about raising to almost 115 trillion the national debt ceiling.

A ceiling is the horizontal surface that forms the top part or roof inside a room. Princetons WordNet 000 0 votes Rate this definition. It can only pay bills as it receives tax revenues.

Information and translations of national debt ceiling in the most comprehensive dictionary definitions resource on the web. Rising above the debt ceiling may trigger a reduction it a municipalitys credit rating. The US Governments borrowing limit.

What does national debt ceiling mean. Its like regular chicken but instead of driving cars at each other politicians are using the economy. When the debt ceiling is reached the US Treasury cannot issue anymore treasury bills bonds or notes.

He ended the need for a. They will either have to make cuts somewhere or raise the debt ceiling. Rising above the debt ceiling may trigger a reduction it a municipalitys credit ratingCities and other local governments that are near the debt limit may issue participation certificates--a right to the receivables for a certain project--instead of direct debt.

On Friday Congress raised the debt ceiling by 800 million. Periodically raised by Congress. The maximum amount that a government can borrowThe term especially applies to municipalities.

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