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debt ceiling 

A debt limit which is set by Congress and determines the absolute amount of federal debt the United States can hold.

The US Governments borrowing limit.
US stocks are sinking under the weight of the debt ceiling so it was necessary for Congress to vote to raise it, no matter what the consequences.
debt ceiling by Unc Wal August 2, 2011

Every Toilet, Every Ceiling Fan. 

The phrase you use when you have to do an extensive amount of work, that is ultimately pointless.
John: What do we have to do in Language Arts tonight?
Isaac: Every toilet, every ceiling fan.

spackle the ceiling 

1. Codespeak between guys meaning to masturbate excessively... Also 2. To come so hard while masturbating and after looking down and not seeing any results realize that is what is dripping on your forhead because it landed on the ceiling.
2 dudes conversing in the presence of females...
Dude1: Man you missed an awesome party the other night, where were you?
Dude2: Uh, I stayed home man I had to ' spackle the ceiling.'
Dude1: I heard that

debt ceiling chicken 

A game where everyone in Congress refuses to agree on a deal to raise the debt ceiling until the last possible minute. It's like regular chicken, but instead of driving cars at each other, politicians are using the economy.
John Boehner: I don't give a shit if our country turns into Mad Max 2. I'm going to win this game of debt ceiling chicken.
Barack Obama: Challenge accepted!
debt ceiling chicken by themalk August 6, 2011

ceiling cat

A Feline deity who enjoys carving a hidden niche into the ceiling so it can hide above its victim's bed and watch masturbation take place.
I was masturbating this morning and I was startled when I looked up and saw Ceiling cat.
ceiling cat by Coil222 June 11, 2006

ceiling titty

Those round half sphere lights you have on your ceiling with the little tip in the centre which kind of makes it look like a titty
Person one: it's dark in here
Person two: hold up, let me turn on the ceiling titty
ceiling titty by AlrightFam June 29, 2016