What does national debt ceiling mean?
Definitions for national debt ceiling
na·tional debt ceil·ing
This dictionary definitions page includes all the possible meanings, example usage and translations of the word national debt ceiling.
Princeton's WordNet
national debt ceilingnoun
a limit set by Congress beyond which the national debt cannot rise; periodically raised by Congress
ChatGPT
national debt ceiling
The national debt ceiling is the legislative limit on the amount of money that the federal government is allowed to borrow set by the U.S. Congress. This may be needed to finance government operations, especially when expenditures exceed tax revenues. If this limit is reached, the government must either reduce its spending or default on its debts, unless Congress agrees to raise the debt ceiling.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of national debt ceiling in Chaldean Numerology is: 9
Pythagorean Numerology
The numerical value of national debt ceiling in Pythagorean Numerology is: 5
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"national debt ceiling." Definitions.net. STANDS4 LLC, 2024. Web. 28 Apr. 2024. <https://www.definitions.net/definition/national+debt+ceiling>.
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