Why is Raising The Debt Ceiling the Dumbest Political Issue in History?

1 year ago
2

The debt ceiling crisis is like a football game. The game is over but the losing coach decides to negotiate a deal with the opposing team to make everyone feel better. The time to fight and play the game is before the President signs a spending bill into law. The House Ways and Means Committee, the ball then goes to the house floor, then senate floor, and finally to the president. Janet Yellen, Treasury Secretary, just needs to pay the bills.

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