The Republican Debt-Circus Charade

Source: Future of Freedom Foundation
by Jacob G Hornberger

“It seems like just yesterday that the debt-ceiling circus returned to Washington. Actually, it was October 2021, a little over two years ago. That circus was just like all the ones that preceded it. The mainstream press and other acolytes of the welfare-warfare state issued all sorts of dire predictions if the debt ceiling wasn’t raised. As soon as the debt-ceiling was raised, no one advocated cutting government spending to prepare for the next time that the debt ceiling was reached. Everyone knew that as soon as the new debt ceiling was reached, they could do the same thing again. In other words, for the past two years, it has been business as usual — federal government expenditures exceeding tax revenues by around $1 trillion per year. And everyone knew that within a couple of years, the debt ceiling would be reached again.” (01/20/23)

https://www.fff.org/2023/01/20/the-republican-debt-circus-charade/