The National Debt - The Essay Organization

The debt limit, or "ceiling," sets the maximum amount of outstanding federal debt the U.S. government can incur by law. As of January 2012, this number stands at $16.39 trillion. Increasing the debt limit does not enlarge the nation's financial commitments, but allows the government to fund obligations already legislated by Congress. ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download