debt ceiling
The debt ceiling refers to the maximum amount of money that a country can borrow to fund its spending; when the debt reaches this limit, it requires approval from the government to raise or suspend the restriction.
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Related Concepts (26)
- authorization bills
- congress and the budget
- congressional budget process
- continuing resolutions
- credit ratings
- debt dynamics
- debt restructuring
- debt sustainability
- debt-to-gdp ratio
- deficit spending
- economic stability
- federal spending
- financial markets
- fiscal policy
- government borrowing
- government budgets
- government debt
- government revenue
- government shutdowns
- national borrowing
- national debt
- omnibus spending bills
- public debt
- public debt management
- taxation
- treasury bonds