Yes you can. A debt ceiling is just when you say “I don’t want to borrow more than 10k”. Raising the debt ceiling is when you go “eh, 11k is fine too”.
The debt ceiling is not some kind of market cap where the state is unable to get another loan, it’s entirely self-imposed.
Yes you can. A debt ceiling is just when you say “I don’t want to borrow more than 10k”. Raising the debt ceiling is when you go “eh, 11k is fine too”.
The debt ceiling is not some kind of market cap where the state is unable to get another loan, it’s entirely self-imposed.