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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe Two Sentences That Should Be Part of All Discussion of the Debt Ceiling (James Fallows)
http://www.theatlantic.com/politics/archive/2013/01/the-two-sentences-that-should-be-part-of-all-discussion-of-the-debt-ceiling/2671151) Raising the debt ceiling does not authorize one single penny in additional public spending.
2) For Congress to "decide whether" to raise the debt ceiling, for programs it has already voted into law, makes exactly as much sense as it would for a family to "decide whether" to pay a credit-card bill for goods it has already bought.
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The Two Sentences That Should Be Part of All Discussion of the Debt Ceiling (James Fallows) (Original Post)
Mass
Jan 2013
OP
Still Sensible
(2,870 posts)1. Precisely n/t
mbperrin
(7,672 posts)2. Said as well as I've heard.
Thank you.
nyquil_man
(1,443 posts)3. Try telling that to the Thought Enough Already Party.
DhhD
(4,695 posts)4. The same reasons that President Obama can use, to extend/raise the debt ceiling by Executive
Order, if necessary.
spanone
(135,873 posts)5. this is assuming we have a rational congress
which we don't.