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The Sadistic GOP’s Debt Limit Ploy vs. the People

Raising the federal debt limit over the years has secured unconditional routine Congressional passage and was endorsed by presidents Ronald Reagan and Donald Trump. After all, it allows the U.S. Treasury to pay past and existing bills, not expand futur…

Raising the federal debt limit over the years has secured unconditional routine Congressional passage and was endorsed by presidents Ronald Reagan and Donald Trump. After all, it allows the U.S. Treasury to pay past and existing bills, not expand future spending. Routine, that is, until the recent arrival of the mad-dog Republicans with their monetized More

The post The Sadistic GOP’s Debt Limit Ploy vs. the People appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Ralph Nader.


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