Definitions
There is 1 meaning of the phrase
National Debt Ceiling.
National Debt Ceiling - as a noun
A limit set by congress beyond which the national debt cannot rise; periodically raised by congress
Example Sentences
"The government is considering raising the national debt ceiling to fund new infrastructure projects."
"The national debt ceiling has been a topic of intense debate in Congress."
"Failure to raise the national debt ceiling could result in a government shutdown."
"Many economists argue that the national debt ceiling is an arbitrary and unnecessary constraint."
"The national debt ceiling has been reached, and now the government must prioritize spending."
