Sentences with phrase «debt ceiling limits»

So I, like everybody else, would like them to get about the business of finding some solution that makes everyone happy to some degree and allows us to raise the debt ceiling limit within an appropriate timeframe.

Not exact matches

The U.S. government will reach its borrowing limit, or debt ceiling, by Oct. 1.

And in October or November, according to the latest estimates by the Congressional Budget Office (CBO), the government will once again hit its self - imposed debt ceiling, a legislated limit on how much the country can borrow.

We've seen that before: The bill that averted a debt - ceiling crisis earlier this year — by temporarily suspending the borrowing limit — would have frozen Congressional pay if the House or Senate had failed to pass a budget by April 15 (lawmakers would have received their salaries anyway at the end of the current legislature).

A lot of eyeballs are fixated on March 15th, when the Treasury's $ 20 trillion debt - ceiling limit becomes law.

There were several possible catalysts suggested for this spike in concerns about a favorable outcome of the debt ceiling negotiation, which has to be concluded ahead of the Treasury's X Date, now expected as early as October 1: some cited Steven Mnuchin's interview on CNBC, in which the Treasury Secretary said that the additional spending needed to help Texas recover from Hurricane Harvey may reduce the amount of time Congress has to increase the federal debt limit; another possibility was month - end liquidity needs and relative positioning across the curve.

So yes, there is no currently enforced borrowing limit / debt ceiling.

To give a point of comparison, the debt limit was previously suspended from February 4, 2013 until May 18, 2013, and that resulted in the US being slated to hit the debt ceiling, after extraordinary measures are exhausted, on October 17, 2013.

Since th US deficit is the difference between expenditures and revenue, and the debi ceiling limits the ability of the US to pay obligations, if the debt ceiling isn't raised,...

(CNN)-- Two weeks after the bruising standoff ended over government spending and the debt limit, the House and Senate this week are taking the final steps to formally allow the debt ceiling to rise.

... In years past, the MTA's debt loan and ceiling have gone up,» Astorino said, noting that the agency increased its debt limit from $ 37 billion to $ 44 billion and has planned toll and fare increases coming in 2015 and 2017.

The delegated limits for academy trusts, to write - off debts or enter into liabilities, are subject to a ceiling of # 250,000.

President Obama's administration is pushing to raise the nation's debt limit an additional $ 2 trillion, which currently stands at $ 14.3 trillion and issued dire warnings from business leaders that failing to OK the increase will lead to inflation, an immediate doubling of «Interest Rates» and a killer «Wall Street Crash» — House Speaker John Boehner, R - Ohio, says the GOP will demand trillions in spending cuts before considering an increase in the debt ceiling.

Tags: Debt Ceiling, Debt Limit, Economic Crisis, Government, Government Bailout, Home Loans, Housing Crash, Interest Payments, Interest Rates, Investors, Market Sell - Off, Moodys, President Obama, S&P, Standard and Poors, Wall Street, Wall Street Crash, Wall Street Executives

But since it's the government, it can make its own rules and raise its credit limit, i.e. its debt ceiling.

The combination of the deficit, the need to increase the US credit limit (aka the debt ceiling) and the fragile economy have lined up to force a major political debate about the relative mix of spending and revenue.