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debt limit

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Debt limit
The maximum amount that a municipality can borrow.
debt limit
The statutory maximum amount of debt that a municipality may have outstanding.
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Critics have blamed the Republican-controlled Congress for failing to balance the budget, and last year Congress set the debt limit at about $9 trillion.
MCKEON: FATE OF CONNECTOR PROJECT IN AIR GOP LAWMAKER SAYS DEMS MAY ... by Daily News (Los Angeles, CA)
Senate voted to raise the national debt limit to nearly $9 trillion.
Deeper into debt by Junior Scholastic
4 trillion national debt limit, there were troubling indications that foreign investors might begin bailing out of the U.
Declining dollar and economic interdependence by The New American
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