Topical Terminology > Statutory Limit On The Public Debt
Statutory Limit on the Public Debt
For Statutory Limit on the Public Debt we have terms and definitions in 2 topics. The topics are Advocacy and Congressional.
Statutory Limit On The Public Debt (Advocacy) 
The maximum amount, established in law, of public debt that can be outstanding. The limit covers virtually all debt incurred by the Federal Government (primarily the Treasury Department), including borrowing from trust funds, but excludes some debt incurred by agencies.
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Statutory Limit On The Public Debt (Congressional)
The maximum amount, established in law, of public debt that can be outstanding. The limit covers virtually all debt incurred by the Federal Government (primarily the Treasury Department), including borrowing from trust funds, but excludes some debt incurred by agencies.
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