The clean, honest fact is the ‘debt ceiling’ is a political contrivance, best done away with.
And unfortunately it’s become a political weapon used by the radical fiscal right (TPM) to hold the Nation hostage for extreme, unrealistic, and ultimately harmful concessions.
An honest debate would involve the acknowledgement by all parties involved that serious, meaningful debt reduction can only take place with tax increases, cuts to social programs, and cuts to the military.
We already have the tax increases; where are the cuts to social programs?
P.S. Since this is the Clean Debate Zone, I will refrain from commenting on the "radical fiscal right" canard.
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