debt limit :

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debt limit


  • n  the maximum borrowing power of a governmental entity
News & Articles

  • Debt-limit fight heats up with Pay Your Bills measure
    Sen. Barbara Boxer's Pay Your Bills or Lose Your Pay Act would withhold lawmakers' pay if they did not raise the debt ceiling. WASHINGTON — As Congress readied for a new battle over raising the debt limit, Sen. Barbara Boxer announced legislation that would prevent lawmakers from being paid if they do not increase the nation's borrowing authority.        
    June 13, 2013 - Los Angeles Times
  • Lawmaker Pay Again in Play as Democrats Tie Paychecks to Debt Limit
    Democrats in the Senate and House are pushing proposals to suspend lawmaker pay if Congress does not authorize a higher debt limit when the need arrives this fall.
    June 13, 2013 - CQ Politics
  • Boxer calls for congressional pay halt if debt limit is not raised
    WASHINGTON -- As Congress readied for a new battle over raising the debt limit, Sen. Barbara Boxer announced legislation that would prevent lawmakers from being paid if they did not increase the nation's borrowing authority.        
    June 12, 2013 - Los Angeles Times

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