Meaning of debt ceiling in English:

debt ceiling


  • An upper limit set on the amount of money that a government may borrow.

    ‘on Friday, Congress raised the debt ceiling by $800 million’
    • ‘We are talking about raising to almost $11.5 trillion the national debt ceiling.’
    • ‘He ended the need for a congressional vote to raise the debt ceiling.’
    • ‘Based on current projections, Treasury expects to reach the debt ceiling in the first half of 2009.’
    • ‘We just added almost a trillion dollars to the national debt ceiling; we are at $10 trillion.’
    • ‘The Senate voted today to raise the nation's debt ceiling to nearly $9 trillion.’
    • ‘For fiscal conservatives, increases in the debt ceiling have been a frequent source of aggravation.’
    • ‘He recently called for the nation's debt ceiling to be raised from 15 percent of the GDP to 25 percent.’
    • ‘The government had previously set a public debt ceiling for the period through 2006 at 60 percent of GDP.’
    • ‘The need to raise the debt ceiling stems from the record budget deficits of the past two years.’
    • ‘Every few months the Congressional debt ceiling needs to be lifted by a few hundred billion dollars.’
    • ‘While both Boeing and Amazon posted very strong results, those positive signs got lost amid the flurry of concern about the political impasse around raising the US debt ceiling.’
    • ‘The continuing debate about the US debt ceiling adds to the uncertainty.’
    • ‘Slow growth is to blame for the probability of a widespread breach of the debt ceiling of 3% of annual output, the EU's spring forecast says.’
    • ‘Investors in government bills now face the prospect of near-zero interest rates well into the summer amid a debate over raising the Federal debt ceiling.’
    • ‘In the past, raising the debt ceiling was routine.’
    • ‘The United States has had a debt ceiling since the First World War, when it first went into the bond market big time.’
    • ‘So in this season's political debates, let's remember that we're arguing not only over debt ceilings and budgets, but about larger questions of our vision for our country.’
    • ‘By increasing the risk of default, they contend, any debt ceiling automatically violates the public debt clause.’
    • ‘Once the debt ceiling is breached, a legal cloud would hang over any newly issued bonds, because of the risk that the government might refuse to honor those debts as legitimate.’
    • ‘So let's take the next crisis that people are talking about - the debt ceiling.’