Sentence examples for raising the borrowing from inspiring English sources

But it did so in a face-saving way that attracted little attention outside India — raising the borrowing cost for commercial banks that are especially heavy borrowers from the central bank.

As for the debt limit, the official reiterated the president's position that he will not negotiate over raising the borrowing ceiling.

President Obama responded by telling high school seniors in Virginia that he would push Congress to take action on some "common sense ideas," like not raising the borrowing rates for student loans.

Now, in exchange for raising the borrowing limit, House Republicans are proposing a committee to look at deficits as the precursor to a grand bargain to put America's finances in order.

The US government hit its $14.3 trillion debt ceiling on Monday, triggering a series of "extraordinary measures" to stave off a default while politicians argue over raising the borrowing limit.

With less than a month remaining before the Treasury Department's Aug. 2 deadline for an increase in the federal debt ceiling, President Obama and Democratic leaders are scheduled to meet Wednesday in search of a way out of the impasse over raising the borrowing limit.

Congress has some time to negotiate a deal before needing to raise the borrowing limit.

Without an agreement to raise the borrowing limit by then, the government will also be unable to issue more bonds.

Republican leaders in the House of Representatives have said they will raise the borrowing limit only if Democrats agree to more spending cuts.

Congress has the job to raise the borrowing authority to make that possible, just as Congress has the authority to authorize the expenditures in the first place.

But they also often delay these votes until the last minute, and it's unclear what political coalition will form this time to help raise the borrowing limit.