05/25/2023

The ‘Debt Ceiling’ is Made Up

Thus, Congress shouldn't use it to make our heads hurt

The debt ceiling. What on earth? We don’t understand. Let’s call the accountants.

"In accounting, you have to reconcile," said Rep. Victoria Spartz (R-Ind.), one of maybe three sitting members of Congress who once worked as a certified public accountant. "Your debits and credits should equal. They don't here."

Boy, don't they.

Please select this link to read the complete article from The Washington Post.