Democrats Demand Blank Check From Government
How can this even work?
It appears that dozens of House Democrats are now pushing new legislation that is looking to eliminate the debt ceiling. Elimination of the debt ceiling would allow the government to borrow money without any limits set by Congress.
According to Fox, the U.S. government hit their $31.381 trillion debt ceiling recently and House Republicans are aiming to cut back on the historic growth in federal spending before they agree to let anymore borrowing happen again.
As a result Democrats are accusing Republicans of trying to stop a debt ceiling hike which would result in the government not being able to fund all of its current obligations.
Democrat Rep. Bill Foster attacked the Republican party and said, “Weaponizing the debt ceiling and using it as a pawn in partisan budget negotiations is dangerous and repeatedly brings our nation to the brink of default, which would be disastrous to the U.S. economy – something we’ve witnessed as recently as 2011 when Republicans created a debt ceiling crisis that resulted in the first ever downgrade to the U.S. credit rating.”
Foster added, “The government has an obligation to pay its bills. Threatening to default on our debt is the same as ordering an expensive meal at a restaurant, eating it, and skipping out without paying. We can and should have a real conversation about overall spending, but the full faith and credit of the United States must never be compromised.”
