BULLDOG
Diamond Member
- Jun 3, 2014
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We might agree on what should be, but the fact remains the debt ceiling is about paying due bills. It has nothing to do with future expenditures. Repubs don't seem to understand that, or to even care.Kind of off topic here, but, does anyone else not think out debt ceiling method is backwards? We spend money...then we have to raise the debt ceiling to cover what we already spent. That's just backwards. Really when you promise to pay money in the future, you've essentially raised the debt ceiling at that point. You are not raising the debt ceiling to cover future expense, but past expenses....which means the whole idea of a debt ceiling is pointless, because you've already spent the money.
Isn't the idea of having a debt ceiling supposed to be that it is a limiting factor on our spending? But if we are raising the debt ceiling to cover money already spent...then the debt ceiling isn't really a ceiling at all. It should work like...we raise the debt ceiling to borrow more money for future expenditures, but we're spending money, then just raising the ceiling to cover.