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Sat Jan 12, 2013, 06:41 PM

The Two Sentences That Should Be Part of All Discussion of the Debt Ceiling (James Fallows)

http://www.theatlantic.com/politics/archive/2013/01/the-two-sentences-that-should-be-part-of-all-discussion-of-the-debt-ceiling/267115


1) Raising the debt ceiling does not authorize one single penny in additional public spending.

2) For Congress to "decide whether" to raise the debt ceiling, for programs it has already voted into law, makes exactly as much sense as it would for a family to "decide whether" to pay a credit-card bill for goods it has already bought.

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Reply The Two Sentences That Should Be Part of All Discussion of the Debt Ceiling (James Fallows) (Original post)
Mass Jan 2013 OP
Still Sensible Jan 2013 #1
mbperrin Jan 2013 #2
nyquil_man Jan 2013 #3
DhhD Jan 2013 #4
spanone Jan 2013 #5

Response to Mass (Original post)

Sat Jan 12, 2013, 06:43 PM

1. Precisely n/t

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Response to Mass (Original post)

Sat Jan 12, 2013, 09:33 PM

2. Said as well as I've heard.

Thank you.

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Response to Mass (Original post)

Sat Jan 12, 2013, 09:34 PM

3. Try telling that to the Thought Enough Already Party.

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Response to Mass (Original post)

Sat Jan 12, 2013, 09:34 PM

4. The same reasons that President Obama can use, to extend/raise the debt ceiling by Executive

Order, if necessary.

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Response to Mass (Original post)

Sat Jan 12, 2013, 09:34 PM

5. this is assuming we have a rational congress

which we don't.

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