Because the money's not real.
The headline is ridiculous. The Congress (starting in the House of Representatives) sets the budget and controls the purse strings. The President does NOT.
The debt limit is a construct born out of the perceived ‘necessity’ for deficit spending.
The long and the short of the whole damn mess is to get away from the current method of budgeting used in DC. Get back to true zero-based budgeting. Scrap the notion that levels already appropriated are a starting point for the next budget, and stop lying to the American sheeple.
Of Course It Is!The Founders Placed”The Power Of The Purse”In The Hands Of The House Of Representatives!!!!!!!!!!
When has the debt limit NOT been raised whenever it’s approached? The answer is never. The “debt limit” is nothing of the sort—it’s merely a rhetorical device to try to convince the public that there’s some sense of responsibility among the Government Class in Washington. There isn’t, and never was.