I think this is a fairly good explanation of what the debt ceiling - TopicsExpress

I think this is a fairly good explanation of what the debt ceiling is, since nobody seems to understand it. And some of you will eschew this because its in the WP. I think the jist is that not raising it is not really an option. We already owe. For those complaining we should reduce our spending budget so it doesnt have to be done, thats a different matter entirely, for the future (or one that should have been examined in the past).

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Compartilho minhas reflexões sobre a atual situação: - Já