Should the debt ceiling be eliminated?

[MoonRiver]

17 votes, 0 passes | Time left: Unlimited
	Yes
	16 (94%)
	No
	1 (6%)
	Other
	0 (0%)
	0 DU members did not wish to select any of the options provided.
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[jimfields33]

1. Why not? It's dumb. We'll be at 100 trillion in 20 years

We will never pay it back. Keep printing money.

[MoonRiver]

2. I guess the more important question is CAN it be eliminated.

It serves Repukes so well, when we have a Dem president.

[jimfields33]

4. True. It's all theater.

The last shutdown in 2017 hurt the republicans big time so I’m not sure why they want to go through that again.

[MoonRiver]

6. They're not very bright.

[jimfields33]

7. That is very true!

[Voltaire2]

3. of course

[LetMyPeopleVote]

5. The debt ceiling serves no purpose

[Magoo48]

8. The debt was not designed to be paid; it will never be paid.

It provides a consistent source of income to many entities.

The restructuring of government required to effectively deal with our Climate Catastrophe will render it a non issue at some point in time, and, if no political or socioeconomic change takes place, well…..

It’s much more likely the time will come when we declare ourselves free of this debt.
Won’t that be fun.

[Happy Hoosier]

9. Of course.

We make the decision to incur more debt when budgets get passed.

Having a debt ceiling is like first taking out a mortgage to buy a house and later deciding if you are actually going to pay the mortgage.

[Amishman]

10. It should be modified

Made more difficult raise - but also increasing automatically based on a calculation that would factor in both inflation and GDP growth.

[Wounded Bear]

11. Look at all the wailing and gnashing of teeth over the debt ceiling and then imagine...

what it would be like if we had to approve budgets with the infamous Balanced Budget Amendment in place.

Kill the debt ceiling, all it does is provide leverage for obstructionists.