### Question
Can you define what new credit authority means?


### Answer
**New credit authority** is defined as the following in *2 U.S.C. § 652*:

> credit authority (as defined in section 622(10) of this title) not provided by law on the effective date of this section, including any increase in or addition to credit authority provided by law on such date

#### Citation:
  - *2 U.S.C. § 652*
  - Heading: **CHAPTER 17A-CONGRESSIONAL BUDGET AND FISCAL OPERATIONS > SUBCHAPTER II-FISCAL PROCEDURES > Part A-General Provisions**

