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national debt ceiling

   Also found in: Financial 0.01 sec.
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Noun1.national debt ceiling - a limit set by Congress beyond which the national debt cannot rise; periodically raised by Congress
debt ceiling, debt limit - the maximum borrowing power of a governmental entity
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The national debt ceiling authorized by Congress is 12.
US set to hit national debt limit in December by AFP / AFP American Edition
That provision increased the national debt ceiling by $789 billion, from $11.
The inflation tax by Benoit, Gary / The New American
Just a generation ago, in 1980, the national debt ceiling was $2.
The size of the debt by Easterbrook, Gregg / Washington Monthly
 
 
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