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home : opinion : columnists April 30, 2016

1/23/2013 1:57:00 PM
Debt ceiling unnecessary
Dear Editor,

Only one other country in the world (Denmark) has a debt ceiling, and that ceiling is over three times the actual public debt; it is a formality and was recently raised significantly, which removes it from practical budgeting considerations. A debt ceiling is an unneeded complication. To limit debt, the Congress should not purchase goods/services that it can't or won't pay for. By the Constitution, spending bills must originate in the House.  It's that simple.  It's the politics that are tough.

Nancy Miller


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