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  1. Study with Quizlet and memorize flashcards containing terms like debt ceiling, how does the debt ceiling get raised?, consequences of NOT raining the debt ceiling and more.

  2. Study with Quizlet and memorize flashcards containing terms like How many of the last 40 years have we run a deficit?, What is the debt ceiling?, How many times have we increased the debt ceiling in the last 40 years? and more.

  3. Study with Quizlet and memorize flashcards containing terms like Deficit, This year's deficit, Debt and more.

  4. With a debt ceiling, the boundaries are in place for a more _______ monetary approval process. Holds the nation's finances in check. Debt can be used to fund U.S. government operations. The debt ceiling improves efficiency in the government's ability to fund obligations including Social Security and Medicare benefits.

  5. Study with Quizlet and memorize flashcards containing terms like Balance the Budget, Borrow, Budget and more.

  6. Study with Quizlet and memorize flashcards containing terms like Debt ceiling, History of the debt ceiling, The crisis and more.

  7. Study with Quizlet and memorize flashcards containing terms like Price Controls Definition, Price Ceiling, Problems That Arise and more.

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