debt ceiling

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The debt ceiling is simply a cap on how much money a government can owe
national debt ceiling
a limit set by Congress beyond which the national debt cannot rise; periodically raised by Congress
debt ceiling

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    debt ceil·ing

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    det silîng

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    /ˈdet ˈsēləɴɢ/ /ˈdɛt ˈsiːlɪŋ/