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> We don’t have the ability to issue more debt at the moment. The government has no money. All spending is authorised by Congress, isn't it? So how is the debt
by crabmusket 2y ago
> We don’t have the ability to issue more debt at the moment. The government has no money.
All spending is authorised by Congress, isn't it? So how is the debt ceiling any different? No federal programs "have money" short of Congress deciding it.
- Sysreq2 2y agoRight but until Congress raises the debt ceiling, the Executive Branch has an empty wallet and maxed out credit card. Funding doesn’t go out all at once either. Some programs don’t start until later in the year for example. They typically aim to distribute 1/12th of the yearly allowance per month. Sometimes agencies will over spend early and have to be austere later (like FEMA last year). Appropriations is Congressional and specifics how much an agency will get over the fiscal year. Apportionment is under the Executive and addresses when and how those funds are made available. They are two distinct things.
- skywhopper 2y agoNone of that has anything whatsoever to do with what DOGE is doing.