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"The United States has a debt ceiling, so that we as a nation, together with our leaders, can make an attempt to hold ourselves accountable in terms of our fiscal responsibility. The debt ceiling is also in conflict with 14th Amendment of the U.S. Constitution."
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∙ 12y ago
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What is the United States debt ceiling?
The United States debt ceiling is a debate about government spending and debt. It discusses putting limits on the amount of debt the government can be in at any time and how much money the government can spend.
What is the public debt?
The public debt is the debt that the United States government owes to other countries.
What is a debt ceiling?
Debt ceiling is the limit on how much money the US Federal government can owe.
What president did not raise the debt ceiling?
The President cannot raise the debt ceiling. It is set by Congress.
How many times has the debt ceiling been raised since the inception of the debt ceiling?
102 times
What president raised the debt ceiling most?
The President cannot raise the debt ceiling. It is set by Congress.
Can you give me a sentence debt ceiling?
A debt ceiling can be described as the maximum limit that company, organization, or government agency can afford to incur debt. Example sentence: My personal debt ceiling is around a thousand dollars.
Who owns most of United States debt?
China
How much is are nation in debt?
in united states of america currently 14.6 trillion dollars in debt
Who controls the level of national debt?
The level of national debt is controlled by Congress in the United States.
How many times has Obama raised the national debt ceiling?
The President cannot raise the debt ceiling. Only Congress can do that.
How can the united states debt be fixed?
By getting rid of Obama
