Originally Posted by BroncoInferno
You do realize that the purpose of increasing the debt limit is to fullfill commitments that have already been made, not to increase future spending, right? Because it would be stupid NOT to increase the debt ceiling under that proper understanding. This was an uncontroversial issue until the Tea Party lunatics got into Congress.
They use the debt limit to play the public as fools. The debt limit should be discussed before they hike spending. They're already acknowledging the limit will have to be raised to finance their spending. So what's the purpose of having a debt limit? It gets raised every time anyway.