Debt ceiling, what debt ceiling❓

De­moc­rats ar­gue that un­less changes are made, tak­ing the coun­try to the brink of de­fault will re­main a rou­tine and dan­gerous part of nego­ti­a­tions. Some law­mak­ers are pres­suring Biden to act uni­lat­er­ally to ig­nore Con­gress and raise the debt ceil­ing as needed, while others are look­ing to craft leg­is­la­tion that would limit the abil­ity of Con­gress to block a debt-ceil­ing in­crease.

Us­ing the debt ceil­ing to ex­tract con­ces­sions “has been institutionalized ,” said Sen. Pe­ter Welch (D., Vt.), who has called for leg­is­la­tion elim­i­nat­ing the debt limit al­to­gether.

Con­gress cre­ated the debt ceil­ing in 1917 to re­move it­self from day-to-day fi­nan­cial man­age­ment, giv­ing the Trea­sury De­part­ment authority to bor­row up to a set amount rather than pass­ing legislation or each debt is­suance. Be­cause the U.S. con­sis­tently runs large an­nual deficits, the debt ceil­ing must reg­u­larly be raised be­fore the Trea­sury can is­sue new debt.

Through­out the talks, some House and Sen­ate lib­er­als pushed Biden to raise the debt ceil­ing uni­lat­er­ally by re­ly­ing on the 14th Amendment to the Con­sti­tu­tion, which says that “the va­lid­ity of the pub­lic debt of the United States, au­tho­rized by law…shall not be questioned .”

Wall Street Journal June 3, 2023

In other words, Congress can’t work together, can’t manage the Country’s fiscal needs, doesn’t care about federal debt and thinks the party in power can do whatever it likes and ignore Congress. No responsible oversight is necessary.


The largest line item in the federal budget is pandering for votes. Move along, nothing to see here.

3 comments

  1. The debt ceiling has been lifted for 2 years to give the President room to roam as far as spending goes. As for the future, the next President and congress will have to get down to serious business. There is no room for indiscriminate spending. Look at a pie chart of where the fed spending is going and there is no way spending should be increased because the big items are increasing rapidly. Social security, the health programs, defense and current economic security programs are growing. It is going to take tax increases to keep the deficits from going up every year and drowning us in debt.

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  2. First, I really wish reporters would do a little research and report accurately.

    The 14th Amendment, Section 4, was referring to paying the debt for the Civil War but not any debt incurred by the rebelling states. Northern soldiers and suppliers would get paid, the South, nothing from the federal government or their states. Here is the complete 14th Amendment, Section 4:

    “The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned. But neither the United States nor any State shall assume or pay any debt or obligation incurred in aid of insurrection or rebellion against the United States, or any claim for the loss or emancipation of any slave; but all such debts, obligations and claims shall be held illegal and void.”

    As President was told by the SCOTUS last week with his student loan forgiveness, only Congress can authorize the spending of billions of dollars. US Constitution, Article 1, Section 9, Clause 7, better known as the Appropriation Clause:

    “No Money shall be drawn from the Treasury, but in Consequence of Appropriations made by Law; and a regular Statement and Account of the Receipts and Expenditures of all public Money shall be published from time to time.”

    Congress better figure it out or the government will waste more money in court. We can’t afford to give a blank check to the president or congress. Look at student loans and home mortgages and the long term crisis that created and rising costs.

    It is just sad that I have to keep a copy of the US Constitution at my desk. People and the courts just make stuff up that is not in the US Constitution.

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  3. The Congress can’t spell Debit Ceiling. Spend, and then spend some more when a special interest group raises their voice (votes)!

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