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Keefer

(713 posts)

5. Something I don't understand.

Reply to TomCADem (Original post)

Sun Sep 29, 2013, 06:04 PM

Sep 2013

What does increasing the debt ceiling have to do with debts already incurred? People keep saying that if we don't increase the debt ceiling, we won't be able to pay the debts we already have. When the debt ceiling is raised, doesn't that allow us to borrow MORE? Shouldn't we have enough money to pay WHAT WE ALREADY SPENT? I don't understand.

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Highlight:

"A Government Shutdown And Debt Ceiling Guide For Journalists Who Don't Want To Be Complete Idiot" [View all] TomCADem Sep 2013 OP

From the original Atlantic article cited chowder66 Sep 2013 #1

THis is what my rural, conservative neighbors don't understand: bvar22 Sep 2013 #3

I feel like just a very few things need to be repeated about this chowder66 Sep 2013 #4

k&r thanks for posting. nm rhett o rick Sep 2013 #2

Something I don't understand. Keefer Sep 2013 #5