Write For Us

United States debt ceiling - defined

E-Commerce Solutions SEO Solutions Marketing Solutions
693 Views

  • Thanks! Share it with your friends!

    You disliked this video. Thanks for the feedback!

adria
Published
United States debt ceiling or debt limit is a legislative mechanism to limit the amount of national debt that can be issued by the Treasury. The debt ceiling is an aggregate figure which applies to the gross debt, which includes debt in the hands of the public and in Intra government accounts.

Reference: http://www.news.com.au/business/markets/us-debt-ceiling-crisis-by-numbers/story-e6frfm30-1226740938207

Reference: http://en.wikipedia.org/wiki/United_States_debt_ceiling

Created at http://www.b2bwhiteboard.com
Category
Education
Be the first to comment