[DoodleDawg]

President Trump and Senate Minority Leader Charles E. Schumer (D-N.Y.) have agreed to pursue a deal that would permanently remove the requirement that Congress repeatedly raise the debt ceiling, three people familiar with the decision said.

Article I, Section 8 of the Constitution says only Congress can borrow money on the credit of the United States. Approval has to be granted by Congress in some fashion, and if not through a debt limit then I don't know how they would do it.

[goodtomato]

Maybe a budget?

[i_robot73]

>
Article I, Section 8 of the Constitution says only Congress can borrow money on the credit of the United States. Approval has to be granted by Congress in some fashion, and if not through a debt limit then I don’t know how they would do it.
>

And why the debate is lost from word one. One must broaden the context before the truth emerges.

Congress CAN borrow money...for that which it is AUTHORIZED to do so. 99% of said ‘debt’ (let alone the $120T+ in ‘unfunded liabilities’) null and void, for falling outside of scope of A1S8.

Course, that would be if we were a Constitutional Republic still, instead of just re-arranging deck-chairs on the sinking Titanic.