Robert ReichWe shouldn’t just raise the debt ceiling — we should abolish it.
It serves absolutely no purpose.
The only thing the debt ceiling actually does is give members of Congress a "trigger global financial crisis" button.
Anton P. Nym (aka Steve)@rbreich I can't think of another country on the planet that sets its debt limit the way the US does, instead of setting it when setting the budget.
Hurrah for American exceptionalism.