Word info

national debt ceiling

Noun

Meaning

a limit set by Congress beyond which the national debt cannot rise; periodically raised by Congress

Source: WordNet

Hypernyms

Examples

I would vote against raising the national debt ceiling. Again, this is about mortgaging the future of unborn generations of Americans. It's a form of taxation without representation. I don't think we can do that. Mike Lee (U.S. politician)

Close letter words and terms