Davidcccmccoy
Robert ReichWhy in the world does Congress have to authorize borrowing for spending that it has already approved?
Here’s a suggestion... Abolish the debt ceiling.
It serves absolutely no purpose. End the drama.
DopeGhoti@rbreich
Could not a legal argument be made that in authorizing the spending in the first place, that authorizing the allocation of funds to pay off the bills accrued in the spending is implied? A sort of "nuclear option" for the #DebtCeiling #Tomfoolery?
Could not a legal argument be made that in authorizing the spending in the first place, that authorizing the allocation of funds to pay off the bills accrued in the spending is implied? A sort of "nuclear option" for the #DebtCeiling #Tomfoolery?
Galliformesguy@rbreich Lots of people need to read The Jungle by Upton Sinclair. Hard to believe 100+ years later same crap is happening.
jmht@rbreich But drama is what they live for...
cjm@rbreich
The Debt Ceiling is arbitrary.
Everyone should read The Deficit Myth by Prof Stephanie Kelton.
#TheDeficitMyth @StephanieKelton
The Debt Ceiling is arbitrary.
Everyone should read The Deficit Myth by Prof Stephanie Kelton.
#TheDeficitMyth @StephanieKelton
B. Logical@rbreich And here’s another suggestion, don’t approve spending that exceeds revenue when you already have unpaid debt.
@rbreich works for me
Mario Benfield@rbreich Thanks for explaining it to me.