Statutory Debt Limit in the United States

Statutory Debt Limit in the Federal Budget Process

Meaning of Statutory Debt Limit in the congressional and executive budget processes (GAO source): The ceiling on the amount of most Treasury and agency debt established by section 3101 of title 31 of the United States Code, sometimes referred to as the public debt ceiling or the public debt limit.

Resources

See Also

• Federal Appropriations
• Entries about the United States Budget Process in the Encyclopedia (including Statutory Debt Limit)
• Public Debt

Further Reading

• Legislatures and the budget process: the myth of fiscal control

  (J Wehner, 2010)

• Reconcilable Differences?: Congress, the Budget Process, and the Deficit (JB Gilmour, 1990)
• Fiscal institutions and fiscal performance

  (JM Poterba, J von Hagen, 2008)