A debt limit or debt ceiling is a legislative mechanism restricting the total amount that a country can borrow or how much debt it can be permitted to...

June 3, 2023. "Federal Debt and the Debt Limit in 2025". January 16, 2025. Austin, D. Andrew (April 27, 2015). "The Debt Limit: History and Recent Increases"...

of the United States". The United States debt ceiling is a legislative limit that determines how much debt the Treasury Department may incur. It was...

The present debt ceiling is an aggregate limit applied to nearly all federal debt, which was substantially established by the Public Debt Acts of 1939...

Congress has set a debt ceiling, beyond which the Treasury cannot borrow (this is similar to a credit limit on a credit card). The debt limit does not restrict...

States Public Debt Act of 1939 eliminated separate limits on different types of debt. The Public Debt Act of 1941 raised the aggregate debt limit on all obligations...

legislation that suspended the public debt limit throughout his first term in office, therefore ending the ongoing debt-ceiling crisis. It came as a compromise...

federal spending. The resolution would also allow Congress to raise the debt limit by $4 trillion. The resolution was briefly pulled due to opposition from...

Office, "The debt limit does not control or limit the ability of the federal government to run deficits or incur obligations. Rather, it is a limit on the ability...

If a member state breaches the SGP's outlined maximum limit for government deficit and debt, the surveillance and request for corrective action will...

midnight on October 17, ending the government shutdown and suspending the debt limit until February 7, 2014. According to a Washington Post/ABC News poll conducted...

Obama's lead negotiator about the fiscal cliff and the increase in the 2013 debt limit. For example, on December 5, 2012, Geithner confirmed leaks from the White...

military and intelligence spending above 1% GDP from the Schuldenbremse (debt limit). The name Bundeswehr was first proposed by former Wehrmacht general and...

amidst the Great Recession. After a lengthy debate over the national debt limit, he signed the Budget Control Act of 2011 and the American Taxpayer Relief...

early societies provided for periodic debt forgiveness such as a jubilees or would set a time limit on a debt. The Bible issues stern restrictions regarding...

States debt-ceiling crisis of 2011 as a proposed way to bypass any necessity for the United States Congress to raise the country's borrowing limit, through...

raising the debt limit. The move was seen as an attempt to delay a showdown on the debt limit given their experience with the 2011 debt-ceiling crisis...

Debt Limit Extension Act (S. 540) is a bill that would suspend the United States debt ceiling until March 15, 2015. There would be no statutory limit...

expedited procedures, one joint resolution in a specified form raising the debt limit. After the majority leader introduced such a joint resolution, the joint...

reconciliation bills can deal with mandatory spending, revenue, and the federal debt limit, and the Senate can pass one bill per year affecting each subject. Congress...

Times. ISSN 0362-4331. Retrieved October 6, 2021. "Senate votes to raise debt limit after 11 Republicans join Democrats to break filibuster". ABC News. Retrieved...

Deficit reduction: Spending was reduced more than the increase in the debt limit. No tax increases or other forms of increases in revenue above current...

February 29, 2024. Brinson, Will (March 27, 2018). "NFL Reportedly Raising Debt Limit on Rams Stadium after L.A. Project nears $5B Price Tag". Retrieved March...

the natural borrowing limit, it implies they are allowed to borrow up to the sum of all their future incomes. A natural debt limit and a natural borrowing...

breakdown of the debt-limit legislation". MSNBC. Archived from the original on January 14, 2012. Retrieved August 3, 2011. "House passes debt ceiling bill"...

government debt and does all the borrowing on behalf of the Australian government. Australian government borrowings are subject to limits and regulation...

speech. A controversy arose in July 2011 over the raising of the federal debt limit, which was needed to prevent a default by the United States government...

Mountain Valley Pipeline in the debt ceiling deal Archived June 1, 2023, at the Wayback Machine NPR "New Details in Debt Limit Deal: Where $136 Billion in...

In finance, unsecured debt refers to any type of debt or general obligation that is not protected by a guarantor, or collateralized by a lien on specific...

shepherded through the House a constitutional amendment designed to limit Louisiana's debt. Later, in partnership with Republican Governor Mike Foster in 1999...