4 ms·

The debt ceiling is as enforceable as false weather report laws are enforceable against sharpie gate. POTUS needs to nut up, issue an EO and see who is going to

• starkd 3y ago
  He doesn't have the power to do that. If he does and gets away with it, don't complain when that power is abused by other presidents in ways you disapprove.
  • fundad 3y ago
    Jettisoning the debt limit is the consequence after were no consequences for changing federal weather forecast maps on a whim. The debt ceiling fights only started when BHO won the presidency, 15 years of this nonsense is enough.
    • starkd 3y ago
      You must be young. Debt limit debate has been going on longer than that.
  • deleted 3y ago
    [deleted]
• dv_dt 3y ago
  I’m not an expert on wether this would be quite legal (or within the “calvinball” bounds of our political system - as the slightly more independent fed would have to go along with the treasury at least). But the point is, repeatedly testing legal corner cases and economic disruption on basic things like will our govt reps allow the govt to spend what they told it to spend is shooting ourself in the foot for political theatre. Nations want a stable financial foundation to transact between other nations. They want a stable reserve currency that doesn’t inject added disruption from political instability. Until recently that was the US dollar that was stable beyond all other currencies.