The maximum amount of debt that a state, city or local government is allowed to take on, beyond which voter approval is usually required.
Related information about debt limit:
- Federal Debt Ceiling (National Debt) - The New York Times
Nov 9, 2012 ... In May 2011, the Treasury Department said that the debt limit of $14.29 ... In accordance with the July 31 deal, Congress raised the debt limit to ...
- United States public debt - Wikipedia, the free encyclopedia
The Government Accountability Office (GAO) explains: "The debt limit does not control or limit the ability of the federal government to run deficits or incur ...
- Daily Kos: John Boehner vows to attempt another debt limit hostage ...
6 hours ago ... John Boehner during his weekly press conference on Thursday morning, vowing a repeat of the 2011 debt limit hostage crisis by saying that ...
- Treasury Secretary Geithner: Lift Debt Limit to Infinity | CNS News
Nov 19, 2012 ... (CNSNews.com) - Treasury Secretary Timothy Geithner said Friday that Congress should stop placing legal limits on the amount of money the ...
- Debt Limit - The Film
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- Government - Debt Subject to Limit Graph
*The current Debt Limit was increased from $15.194 trillion to $16.394 trillion effective January 30, 2012. See the FAQs for more information on Debt Subject to ...
- debt limit - definition of debt limit by the Free Online Dictionary ...
Noun, 1. debt limit - the maximum borrowing power of a governmental entity. debt ceiling · debt - money or goods or services owed by one person to another ...
- White House Should Be Ready for a Debt-Limit Deal - Bloomberg
Nov 7, 2012 ... Barack Obama's victory last night reflects discipline and foresight on the campaign trail. Now let's hope that, back in Washington, his staff was ...