What is the debt ceiling? What has Trump said about the US debt limit? What to know.
The debt ceiling is the limit placed by Congress on the amount of debt the government can accrue. In order to pay its bills to those it borrowed from and dole out money for everything from Medicare benefits to military salaries, the government needs more money, so the debt ceiling has to be raised.
A debate over the debt ceiling is at the center of a dispute over funding that is pushing Washington to the brink of a ...
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Congress narrowly averted a government shutdown with the passage of a stopgap funding bill shortly after midnight on Saturday ...
CDLAC has a population-based formula to determine the cap. CDLAC was created to set and allocate California's annual debt ...
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