Statutory debt limit is the cap that Congress imposes on the amount of public debt that may be outstanding whether temporary or permanent. When this limit is reached, the Treasury may not sell new debt issues until Congress raises the limit. For a detailed listing of changes in the limit since 1941, see Budget of the United States Government. See: Debt outstanding subject to limitation.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). Statutory debt limit. Retrieved September 21, 2026, from http://smartdefine.org/statutory_debt_limit/definitions/1164163 |
| Chicago | Barry Goldsmith. 2010. "Statutory debt limit" http://smartdefine.org/statutory_debt_limit/definitions/1164163 (accessed September 21, 2026). |
| Harvard | Barry Goldsmith 2010, Statutory debt limit, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/statutory_debt_limit/definitions/1164163>. |
| MLA | Barry Goldsmith. "Statutory debt limit" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/statutory_debt_limit/definitions/1164163> |