limit put on the amount of funds that a government is allowed to borrow. Debt
limits are created in order to restrain the government’s ability to overspend,
which would eventually drive up taxes.
"debt limit." YourDictionary, n.d. Web. 16 October 2018. <http://www.yourdictionary.com/debt-limit>.
debt limit. (n.d.). Retrieved October 16th, 2018, from http://www.yourdictionary.com/debt-limit
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