Sentences with phrase «debt limit»

The phrase "debt limit" refers to the maximum amount of money that a government or organization can borrow. It sets a cap on the total debt that can be accumulated. Full definition
• Increase the federal debt limit, which will be reached later this fall.
Borrowers should know that there are different debt limits for different types of mortgage loans.
Debt limit debates, threats of government shutdown, and the like are likely to become a thing of the past.
Therefore, total property tax supported debt is extremely low, at less than 1 percent of the legal debt limit.
Borrowers should know that there are different debt limits for different types of mortgage loans.
For many, this is common, and what sounded promising with one card, becomes problematic when many cards, and higher credit card debt limits, are introduced.
Among the more obvious lessons from this experience is that increased debt limits flexibility.
These instructions set cost or savings targets for the congressional committees, with instructions covering mandatory spending, revenue, or debt limit changes.
Other news: The stock market is way up, based on confidence that debt limit thing will be resolved.
The State does this to avoid debt limits and public votes.
That would leave $ 189 million in capacity left under the state debt limit.
The process, created in 1974, is designed to speed up certain tax, spending and debt limit legislation and has been employed a couple dozen times.
In order to qualify to file a chapter 13 you must be an individual with regular income and be within certain debt limits.
Debt limits options so eliminating it should be a No. 1 priority — ahead of saving, investing or buying a new car.
Price's plan proposes long - term debt limits.
Check for the minimum and maximum debt limits the company has in place.
One place to find out about a healthy debt limit is from your bank or other financial institution.
If you feel that borrowing money to pay for a better education is extremely important, it's your choice to exceed the recommended debt limits.
In this scenario, your acquisition debt remains at $ 300,000 and your home equity debt limit is $ 100,000, giving you $ 400,000 in mortgage debt that qualifies for interest deduction.
3) A new prediction is that there will be a government shut down this December, due to federal debt limit increase disputes among politicians.
It's definitely relevant, but that then runs into the question of debt limits and how common they are outside the US...
Moody's Investors Service announced it would review «for possible downgrade» the credit ratings of five states, including Maryland, that could be hit particularly hard if Congress fails to raise the nation's debt limit by the Aug. 2 deadline and defaults on its financial obligations.
The bill removes the nation's debt limit through May 18.
to use a complicated legislative maneuver that would let Obama make spending cuts and raise the $ 14.3 trillion debt limit without congressional approval.
Eliminated (does not apply to home equity loans for substantial home improvements that comply with debt limit)
To try to cope with these imbalances, on March 16, 2006, Congress raised the national debt limit from $ 8.2 trillion to $ 8.96 trillion.
According to sources, Republicans pushed for an 18 - month debt limit extension before floating six months.
House Republicans have a proposal that would lift the statutory debt limit, but only until Nov. 22.
He added that he did not think the GOP would be any more likely to force a shutdown or debt limit crisis.
With regard to DTI limits, only those borrowers with scores of 580 or higher are allowed to have the higher debt limits.
Educational districts have to sell Capital Appreciation Bonds or other unconventional methods of debt finance because of unreasonably low tax and debt limits established in state law.
Third, the applicants invoked that although the TSCG did not change the current state of the law significantly, the «constitutional debt limit obligation» introduced through Art. 3 (2) TSCG would violate constitutional rights.
This new debt limit applies to all loans incurred after December 15, 2017.
In other words, non-recourse debt limits STORE shareholders» liability and helps ensure the dividend remains intact, even in a worst case scenario (non-recourse loan default).
In other words, non-recourse debt limits STORE shareholders» liability and helps ensure the dividend remains intact, even in a worst case scenario (non-recourse loan default).
The current total US debt limit of $ 20 trillion will be exceeded in March, 2017.
ANNOUNCER: The last time Dan Maffei represented us, Washington asked him to add $ 789 billion to the national debt limit.
Many Republicans were furious with President Donald Trump's budget deal Wednesday, stunned that the president quickly gave in to Democratic demands to pair hurricane relief with a three - month debt limit hike — though getting nothing in return.
In 2003, a proposal to exempt small city school districts from constitutional debt limits failed, despite support from the influential teachers union.
The measure would suspend the public debt limit from the bill's date of enactment until Dec. 8, 2017, and would provide for government operations to be funded at fiscal 2017 levels until Dec. 8, 2017.
JPMorgan Chase CEO Jamie Dimon discusses regulation and the government, municipal defaults, and what a failure to extend the U.S. debt limit would really mean.
The danger the United States faces today is that the government debt crisis scheduled to hit Congress next spring (when Republicans are threatening to vote against raising the federal debt limit as the government deficit soars) will provide an opportunity for the wealthy to give a coup de grace on what is left of progressive taxation in this country.
Democrat Sean Eldridge accused Republican Rep. Chris Gibson of putting «partisan politics before the best interests of his constituents» for refusing to support a strings - free debt limit extension.
The graduate debt limit includes Stafford Loans received for undergraduate study.
The populist splinter group of the Republican Party forced President Barack Obama and congressional Democrats to blink, agreeing to raise the legislated debt limit only on the condition that tax increases were kept off the list of options to reduce the budget deficit.
NEEDHAM: You know, I — well, I think they will, first of all, if there's a clean debt limit increase, it doesn't matter what it's attached to.
I think that exploiting this hurricane of people who lost their house — houses to allow business as usual in Washington of getting an 18 month increase to our nation's debt limit passed, of continuing to spend money that we can't afford, that we don't have, makes absolutely no sense.
However, the acquisition debt limit is grandfathered for loans taken out prior to December 15, 2017 (including those under a binding contract) so current homeowners may salvage a higher deduction.
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