The Mudcat Café TM
Thread #148981   Message #3466190
Posted By: Amos
14-Jan-13 - 07:25 PM
Thread Name: BS: debt limit. can nybody explain why
Subject: RE: BS: debt limit. can nybody explain why
Why what, GfS?

The limit on debt should operate before commitment is made, not in considering whether or not to honor a commitment already made. If Congress only allocated money it already had, none of this would be an issue.


A