debt limit

And, third, any policy passed through budget reconciliation must directly affect federal spending, revenue, or the debt limit.

The federal debt limit will pose one of Bessent's biggest challenges.

The Freedom Caucus deficit hawks love their debt limit more than they love Trump.

Trump demanded that lawmakers raise or even suspend the debt limit in any spending deal, but the provision was dropped from the final version of the bill that passed in both chambers.

Mine: The debt limit does nothing to limit spending — Congress and presidents have already approved the funds.