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To: ChicagoConservative27

How many times do we have to go through this meaningless showboat exercise before people start ignoring it? The debt ceiling will be raised, the spending was already approved. Not raising the debt ceiling would send interest rates right through the roof and the debt payments would still be in force, just way more expensive.

Even congress-critters aren’t that dumb.


4 posted on 02/05/2023 10:22:12 AM PST by SaxxonWoods (The only way to secure your own future is to create it yourself. 111 is the key.)
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To: SaxxonWoods

They raise it and hit it on the same week


6 posted on 02/05/2023 10:23:40 AM PST by butlerweave
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To: SaxxonWoods
Not raising the debt ceiling would send interest rates right through the roof and the debt payments would still be in force, just way more expensive.

I am not sure if you understand how the United States debt is currently structured. Your predictions are basically a fart in the wind. No one can predict the long-term consequences with any degree of accuracy... certainly not you or me. You are merely repeating the same old talking points that the big spenders spout out every time it looks like they might not get their way.

9 posted on 02/05/2023 10:28:05 AM PST by fireman15 (Irritating people are the grit from which we fashion our pearl. I provide the grit. You're Welcome.)
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