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Is There a Limit on the National Debt? Skip to content

It’s open enrollment season for Affordable Care Act health insurance! Here are 11 things you need to know.

 
National Debt Glossary

Is There a Limit on the National Debt?

There is a ceiling, but Congress and the president periodically approve legislation to raise it, allowing the federal government to borrow more money.

SOURCE: Federal Reserve Bank of New York

 

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