Yeah, scare the Republicans into caving.
This sound like liberal blackmail. I say call their bluff.
No more dept ceiling increases, there has to be a limit.
“Yeah, scare the Republicans into caving.”
What bugs me is that the only specific financial OBLIGATIONS that this country has is to pay its debts to our creditors. EVERYTHING else is negotiable (i.e., Congress can legally cut spending on Social Security and everything else by 50% tomorrow, if they wanted to).
The last time I checked, our debt payments are around $30B or $40B per month...and the government still rakes in around $200B per month.
I fail to see how raising the debt limit affects our ability to make payments to our creditors.
Am I missing something?