Sentence examples for debt caps from inspiring English sources

Official debt caps, such as the Maastricht fiscal criteria and the Stability and Growth Pact (SGP), failed because they were unenforceable.

Grupo Mexico did accept the Special Committee's proposed $1.05 billion debt cap at closing.

"If it's on balance sheet, it will be subject to the debt cap," he says.

The government introduced the bill to increase the debt cap by $200bn after Question Time on Wednesday.

Abbott used former treasurer Wayne Swan's justification of a buffer within the debt cap of between $40 to $60bn "for safety against contingencies".

Among its top challenges in the coming years is to manage the replacement of its aging coal fleet without running up against its mandated debt cap of $30 billion.

The markets, which have turned perhaps too benign an eye so far, could start delivering a harsher verdict sooner than the putative August debt cap deadline.

Without those assurances, more than a dozen Democrats had threatened to vote against raising the debt cap by such a substantial sum.

During Question Time, Labor challenged statements by Tony Abbott that he had never opposed attempts by Labor to increase the debt cap.

David Hall, director at social housing consultancy sector, says: "In some cases they are rubbing right up against the debt cap from the word go.

It also wants the Legislature to start the process of amending the Constitution to revise the way the debt cap is set.