Debt Limit – Non-stop

If we keep borrowing money and only repay the interest, aren’t we saying that we don’t intend on paying it back? I don’t see a way out of this and we’re just kicking the can down the road. Fiscal responsibility used to be part of conservative ideology.

Yellen wrote “This uncertainty underscores the critical importance of not waiting to raise or suspend the debt limit. The full faith and credit of the United States should put at risk.”

I think the full faith and credit are already at risk. As long as we can’t touch entitlements, we are not pursuing a responsible solution. Someone is going to have to break the news, someone preferably in their last term of their job and not concerned with being re-elected.

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