ALEXANDRIA, VA – (October 8, 2018) – Just in time for the November midterm elections, TheCapitol.Net is pleased to announce the publication of a major new reference work, Congressional Procedure: A Practical Guide to the Legislative Process in the U.S. Congress, by Richard A. Arenberg. If the U.S. Constitution is the rule book, this is … Read more
From the Congressional Glossary – Including Legislative and Budget Terms Statutory Limit on the Public Debt / Budget Control Act of 2011 The maximum amount, established in law, of public debt that can be outstanding. The debt limit covers virtually all debt incurred by the Federal Government (primarily the Treasury Department), including borrowing from trust … Read more
From the Congressional Glossary – Including Legislative and Budget Terms Public Debt / Debt Ceiling / Debt Limit Debt Limit – A Guide to American Federal Debt Made Easy Public Debt: Cumulative amounts borrowed by the Treasury Department or the Federal Financing Bank from the public or from another fund or account. The … Read more