Wednesday, September 18, 2013
Debt Ceiling Time Already?
Each and every time Congress overspends and approaches the limits of their borrowing, they simply grant themselves an increased line of credit, and keep right on rolling.
The first lie is obvious: "Congress must raise the debt limit to cover what they have already approved."
The second lie is even worse. There is no possibility of the US ever defaulting on our debt - provisions in the 14th Amendment of our Constitution prevent that from ever taking place, even though the party in power erroneously attempts to invoke the 14th Amendment as justification to raise the debt ceiling.
Opinion by A. Dumas