debt limit

  1. the maximum borrowing power of a governmental entity
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How To Use debt limit In A Sentence

  • If the President signes on to any plan that in any cuts into social security or medicare, including fuding the cpi number, and especially under such undiplomatic circumstances of the terrorist tactics of the Republicans to simply do what governments always do, raise the debt limit. News -
  • The White House and Democrats in Congress will urge passage of a “clean” debt limit increase, without amendments, though they acknowledge that cannot pass in the Republican-controlled House.
  • Urging deep cuts in federal spending, GOP lawmakers are threatening to oppose an increase in the federal debt limit, inviting what Geithner warns would be a devastating default by the government.
  • After the bill's latest alteration, any future increases in the debt limit would be contingent on Congress approving the constitutional amendment and sending it to the states for ratification.
  • Republican supporters of the conservative Tea Party movement will worry that the cuts can't be enforced while some don't think the debt limit should be raised at all.
  • While specifics on how much in cuts would be included in the first, short-term allotment is unknown, Boehner is demanding that the size of the cuts meet or exceed the size of any debt limit increase. The Full Feed from
  • In addition to a two-step approach to raising the debt limit, the House measure would require lawmakers in both houses to vote later this year on a constitutional amendment requiring a balanced federal budget. Obama Debt Ceiling Talks: President Addresses Nation About Debt Limit Negotiations, Economy (VIDEO)
  • In their version of events, Reid agreed on Sunday night to a two-step approach to raising the debt limit that Obama has rejected. Obama Debt Ceiling Talks: President Addresses Nation About Debt Limit Negotiations, Economy (VIDEO)
  • Gold's steep gains had been fueled by worries that debt crises in Europe and the U.S. could zap assets such as stocks and bonds, but signs of progress on separate negotiations to raise the U.S. debt limit and to secure another round of financing for debt-laden Greece limited buying in precious metals Tuesday. Gold Futures Ease As Traders Cash Out Above $1,600
  • The Treasury is required to invest assets of those trust funds in government securities, which count against the debt limit.
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