debt ceiling

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Noun1.debt ceiling - the maximum borrowing power of a governmental entity
debt - money or goods or services owed by one person to another
national debt ceiling - a limit set by Congress beyond which the national debt cannot rise; periodically raised by Congress
References in periodicals archive ?
At present, the central bank debt cap rules keep new lending in a prudent channel.
8 (BNA): Finance Minister Shaikh Ahmed bin Mohammed Al-Khalifa urged lawmakers to reach a consensus with the Government on the public debt and budget debt cap.
Texas House panel OKs bill letting school districts exceed debt cap, Austin American-Statesman
The debt cap won't loom over financial markets until the middle of 2015, following the February vote to extend U.
headroom under the debt cap for the financing of the expansion of the
Washington's latest stuttering budget impasse and self-imposed debt cap has left the rest of the world unnerved by the prospect of repeat threats to U.
There has been some talk of a short term debt cap bill with neither side ruling this option out in order to buy more time to come to a more permanent agreement," said Michael Hewson, senior market analyst at CMC Markets.
The Treasury and White House have warned that if the debt cap is not raised from the current $16.
The leaders are banking on winning public support for a strategy of pairing their goals of spending cuts, looser environmental regulations and an Obamacare delay with the increase in the debt cap, rather than using the possibility of a government shutdown as leverage to win their objectives.
6% and sized at a 9% debt cap, will amortize over a 30 year schedule for the borrower, Dan-D, a local real estate developer, owner, and manager.
The Republicans have demanded that raising the debt cap should be accompanied by deep spending cuts.
On Wednesday, Aso said the government will lift the annual new debt cap of 44 trillion yen, set by the DPJ, in order to create a supplementary budget of trillions of yen in stimulus spending for the current fiscal year.