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debt limit

American  

noun

  1. (in public finance) the legal maximum debt permitted a municipal, state, or national government.


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The $70 billion borrowing plan exceeds the city’s current debt limit, which is pegged to the total amount of taxpaying property in the city, by tens of billions of dollars.

From The Wall Street Journal • Nov. 5, 2025

And, third, any policy passed through budget reconciliation must directly affect federal spending, revenue, or the debt limit.

From Salon • Apr. 7, 2025

In the end, they actually defied him, passing a bill that was silent about the debt limit.

From Los Angeles Times • Dec. 29, 2024

Also known as the debt limit, this is a law that restricts the total amount of money the government can borrow to pay its bills.

From BBC • Dec. 20, 2024

Higher government revenues from the cyclical upturn in 2006 reduced Germany's budget deficit to within the EU's 3% debt limit.

From The 2007 CIA World Factbook by United States. Central Intelligence Agency

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