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It is, because saying "executive branch can simply borrow money whenever it sees fit" makes it seem like the executive has unlimited power to spend.
by rjtavares 3y ago
It is, because saying "executive branch can simply borrow money whenever it sees fit" makes it seem like the executive has unlimited power to spend.
- deprecative 3y agoThe Executive isn't determining that they need to borrow money. Congress did when they passed a budget and the Executive signed it into law. At that point Congress authorized revenue, borrowing, and expenditures, and other monetary considerations. So, again, there is no merit to the debt ceiling. It exists solely to act as a hostage for conservatives to use to harm the economy and claw back our safety net funding targeting veterans, the elderly, those living in poverty, and other vulnerable demographics.