In the USA it is Congress. They have to pass legislation to authorize the government to borrow more money (raise the debt ceiling). Indirectly the Federal Reserve and the market also put a cap on it since the ability to borrow depends on the interest rate that must be paid on any bonds issued by the government. Higher interest rates set by the Fed cause the interest rates that must be paid on government bonds to have to be higher to actually sell. The market also determines what interest rate will be required to sell all the bonds - the less demand there is for the bonds, the higher the interest rate has to be in order to make them attractive enough to sell and the better the yields on other potential investments, the higher the interest rates have to be in order to be sufficiently competitive. The higher the interest rates, the more difficult it is to get approval to borrow.
Concurrent Powers
taxes
lower interest rates to make borrowing money easier.
Protection is the purpose of government served by military forces.
By dividing some responsibilities between the federal and state governments
congress
bobo
The State Government Creates the Local govt. The Federal creates The State!
tax, revenue from government enterprises and tariffs, government borrowing, selling government businesses.
Congress
The Iraq War
Subtracting government tax revenue plus government borrowing from government spending in a particular year.
State Government
Concurrent Powers
through taxes and borrowing from other countries
bob did
It becomes more expensive for the private sector to borrow