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The Debt Ceiling: a. was suspended again until January, 2025 b. currently caps Federal borrowing authority at $8 trillion. c. limits Federal tax receipts to

The Debt Ceiling: a. was suspended again until January, 2025 b. currently caps Federal borrowing authority at $8 trillion. c. limits Federal tax receipts to 39% of GDP. d. established a cap on the budget deficit for 2024 of $666 trillion

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