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The debt ceiling doesn’t reduce spending or increase revenue. In fact, Congress has raised or changed the debt ceiling *78 times* since 1960—with no meaningful change to our budget decisions. It serves no purpose other than driving brinkmanship. Congress should abolish it.
638,267 views • 3 years ago •via X (Twitter)
10 Comments

@Lawrence That is such a bald-faced lie. Eight of the major budget deals in the last 40 years (to curb spending) were tied to a debt ceiling lift.,

The long term answer is to negotiate, vote and pass an annual budget, then live within it. Spending compulsively is tantamount to thinking we can avoid the immutable laws of economics. We cannot. No one can.

The GOP is operating in massive bad faith: 1. It’s about paying money we’ve already spent, so threatening not to pay it is like saying you won’t pay the card company unless your spouse sells her car. They aren’t related. 2. Unless you raise taxes, you’ll never balance. Never!

@ActuallyAQueen2 But you have to go through it every time, Kate. Maybe if you started paying down the debt… you wouldn’t?

There’s a first time for everything @RepKatiePorter! Just imagine the history making potential to finally reign in our out-of-control spending and actually deal with our whopping $30T+ debt! You can make the difference - reach across the aisle!

It is time to cut spending, what don't you understand about that? Reduce the size of government, increase efficiency and watch the debt go down big time. Are you telling the tax payers that government cannot be efficient or responsible for paying back debt?

@DixieYoungBeer

@RepKatiePorter You are on my Political dream team.

Let's abolish something that reminds us how frivolous the government is when it spends like drunken sailor.

It sure does reduce spending if it doesn't get raised.



