The debt ceiling has realistically only ever been used against us in the modern era. Republicans consistently use it during dem presidencies to get some policy concessions, while democrats are largely unwilling to return the favor. Not to mention that it's simply bad policy — there's a reason that our peers in the global economy are not …
The debt ceiling has realistically only ever been used against us in the modern era. Republicans consistently use it during dem presidencies to get some policy concessions, while democrats are largely unwilling to return the favor. Not to mention that it's simply bad policy — there's a reason that our peers in the global economy are not replicating it in their own governance.
If our opponents want to get rid of the debt ceiling we should get on board. It will help us so much more than it will help them.
From what I am reading, there is talk of "temporarily" scrapping the debt ceiling – for instance, for the next two years. If so, it would be back in place by the time the next president, who might well be a Democrat, is sworn in in 2029.
The debt ceiling has realistically only ever been used against us in the modern era. Republicans consistently use it during dem presidencies to get some policy concessions, while democrats are largely unwilling to return the favor. Not to mention that it's simply bad policy — there's a reason that our peers in the global economy are not replicating it in their own governance.
If our opponents want to get rid of the debt ceiling we should get on board. It will help us so much more than it will help them.
From what I am reading, there is talk of "temporarily" scrapping the debt ceiling – for instance, for the next two years. If so, it would be back in place by the time the next president, who might well be a Democrat, is sworn in in 2029.
What’s the functional difference between “temporarily” scrapping it and a two-year suspension a la every previous debt ceiling standoff
In the past, if I recall correctly, the debt ceiling has generally been raised, not scrapped or suspended. I could be wrong...
Trump will sadly still be President in two years . . .