[justlurking]

Oh, my, God.

Obama apparently knows about as much about economic policy as he knows about foreign policy.

[dhs12345]

It is very basic. Lol. It is not that complicated.

[bert]

He is correct. Raising the debt ceiling does not increase the national debt.

Borrowing more money........ issuing Treasury bonds and bills increases the debt.

He did not say that the borrowing that follows the ceiling increase does not increase the debt.