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Lying alongside a debt

Q: Accounting-what is a collateral security?

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Lying alongside a debt

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Treasury debt is a liability in the accounting books. This means they will have to re-pay that debt at some point.

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There is no constitutional limit on the size of the national debt. Congress establishes a limit above which the debt cannot go. However, it periodically raises this limit as the need for more spending arises.

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no there is no limit

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25000

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