Raising the debt ceiling

Washington is at it again with yet another debt ceiling debate. After the administration’s rampant spending over the last year, we once more find ourselves very close to the maximum legal level of national debt. With that, we again see those who are making pleas that the limit needs to be raised in order to avoid a default on national debt. This argument has been used again and again over the past few years, every time yielding the same result- increasing the ceiling. How long will this illogical argument suffice?

If we continue to increase the debt ceiling every time we approach it, then what is the point of even having such a limit? Considering where we are heading right now, I think it is pretty clear that a stand on the national debt ceiling should be taken now as opposed to later. Instead of raising the ceiling, spending can be cut in order to keep the debt below our current legal limit. In fact, without a firm debt ceiling, it doesn’t look like those is D.C. looking for quick political points will ever stop the spending- that is, until it is too late of course. We need to take a stand on this debt and we need to let the politicians know it. We need to let them know, that this is no longer acceptable:

debt ceiling change

Image credit goes to CNN.

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