By March 2013, the U.S. will reach the debt ceiling limit yet again.
We are very focused on the need to move with speed on taking a vote to raise the debt ceiling limit.
Between 2005-2009, a second CBGA was enacted and the ceiling limit was lifted to 500 tons, but signatories had undersold the limit.
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The bond markets assume that the debt-ceiling limit will be raised.
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Even more interesting, Roberts believes that President Obama already has the vested powers necessary to suspend the debt ceiling limit and to continue to issue Treasury debt with or without a vote.
C. could prove supportive to the yellow metals in the weeks ahead if policy markets again push the US government up against its debt ceiling limit in the name of political partisanship.
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The whole disc assembly able to morph to much larger size as height and altitude is gained with a cable inserted within the rim to limit ceiling height.
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Everybody reconfirmed the importance of completing our work and raising the debt limit ceiling so that the full faith and credit of the United States of America is not impaired.
During what war did the U.S. Congress establish the debt ceiling (or debt limit)?
Both Democrats and Republicans agreed to the sequester in 2011 as part of a bill to raise the US debt ceiling - the legal limit the government can borrow.
The cuts were created in negotiations over a 2011 bill that raised the US debt ceiling, the legal limit that America is allowed to borrow to fund its budget deficit.
As members of Congress debate whether to raise the U.S. debt ceiling the limit on our government's debt we should all agree on at least one thing: Under no circumstances is it acceptable for the U.S. to default on its debt.
The answer depends on how US economic data, Debt Ceiling Negotiations on the national debt limit, and central bank actions will play out with popular trade strategies like shorting the dollar, buy commodities, and exporters.
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Historically, Congress has never failed to raise the debt ceiling when its confronted with hitting the limit.
This grew to be inconvenient right around World War I, so to give the federal government more flexibility, Congress decided to set an aggregate borrowing limit known as the debt ceiling, which capped the total number of bonds that could be issued.
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The debt ceiling itself merely represents a self-imposed limit on US borrowing.
Unless Republicans capitulate to increasing the debt ceiling America hit its statutorily allowed limit on Dec. 31 the federal government will shutdown sometime before March.
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While open to compromise on budgetary issues, he would not offer Congress spending cuts in return for lifting the government's borrowing limit, known as the debt ceiling.
The Treasury says it will run out of ways to get round the limit set by the formal debt ceiling by the end of February, or perhaps early March.
In addition to the sequester, debates are brewing over the government's borrowing limit - known as the debt ceiling - as well as government spending cuts, and other fiscal matters.
Never once during those episodes has the United States defaulted on interest payments on the national debt nor has it had to suspend or reduce Social Security payments, although the prospect of both calamities occurring is always used to scare the American public into supporting an unconditional increase in the debt limit fairly quickly after the debt ceiling is reached.
The Monetary Authority will enforce an 80% limit on mortgage loans -- the ceiling in Hong Kong is 70% of the property's assessed value.
One technique would be to replace the current statutory debt limit with a glide path to a 50% ceiling on the debt-to-GDP ratio and empower the President to cut spending when we exceed the debt ceiling.
Mothers of young children have been particularly aggressive about prodding the government to increase food testing, and to re-evaluate the safety limit and impose more restrictions, such as a ceiling on radiation measurements in school lunches.
It sets the ceiling for planned EU spending - the equivalent of Europe's credit limit - just below what it is now - at 940 billion euros.
As US federal debt approaches its statutory ceiling, confidence on Capitol Hill is growing that a deal to raise the limit will soon be struck, avoiding the theoretical possibility of default.
If an agreement is reached on lifting the U.S. debt ceiling, prices could pull back, but buying interest under the market will limit the downside for gold prices, market watchers said.
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Fortunately, even if Congress doesn't raise the debt ceiling, a default on our debt need not follow when our borrowings reach their limit in the next few months.
Congress and the White House agreed to the sequestration cuts as part of the 2011 debt ceiling deal that ended a showdown over whether to increase the federal government's borrowing limit to meet its obligations.
In the 2011 debt ceiling deal that ended a showdown over whether to increase the federal government's borrowing limit to meet its obligations, Congress and the White House agreed to include the automatic spending cuts of sequestration as motivation to pass a comprehensive deficit-reduction plan.
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