We need to get rid of the debt ceiling law. It's anachronistic and it's a problem.
There was no avoiding the fact that we were going to hit our debt ceiling.
If it took multiple debt ceiling hikes, I'd rather achieve the savings.
The Republican argument that raising the debt ceiling encourages additional future spending is logically irresponsible. The debt ceiling has to be raised to authorize spending already approved by Congress. Despite that fallacy, the GOP has been able ...
I think the whole issue of a debt ceiling makes no sense to me whatsoever. Anybody who is remotely adroit at arithmetic doesn't need a debt ceiling to tell you where you are.
If you ask the question of Americans, should we pay our bills? One hundred percent would say yes. There's a significant misunderstanding on the debt ceiling. People think it's authorizing new spending. The debt ceiling doesn't authorize new spending;...
Obama has been perhaps the most partisan President since Truman. He hasn't learned to be civil - note his insulting speech to Paul Ryan, who did us the courtesy of scoring a budget. The president has to talk to Republicans when it comes to the debt c...
I think what's important to understand is if the United States hits the debt ceiling and is unable to pay its debts, the consequences will be immediate and dramatic.
Most of the major increases in the debt ceiling have been accompanied by structural changes in the way we raise and spend money.
America pays its bills. It always has. It always will. The fact that Washington is now debating whether to honor its debts and obligations, then, should come as a surprise. But playing political football with a necessary vote to raise the nation's de...
When President Obama asked Congress to raise the debt ceiling $2 trillion and offered sequestration as an offset, I opposed it. I did not believe we should put the country $2 trillion deeper in debt and impose irresponsible massive cuts to our nation...
It is simply science fiction fantasy to say that, if you do not raise the debt ceiling, that everything is going to collapse.
I think at the end of the day we have to raise the debt ceiling, because America pays its bills.
The truth is that the United States doesn't need, and shouldn't have, a debt ceiling. Every other democratic country, with the exception of Denmark, does fine without one.
I would vote against raising the national debt ceiling. Again, this is about mortgaging the future of unborn generations of Americans. It's a form of taxation without representation. I don't think we can do that.
When President Obama was in the Senate, when he was a U.S. senator, he voted against raising the debt ceiling. And he said it was a lack of leadership that had brought us to this point.
Raising the debt ceiling is not additional spending. It is simply saying, you, the United States of America, can continue to borrow the money you need to pay the bills you have already rung up.
I would be embarrassed to tell you how many folks ran saying that they weren't going to spend a bunch of money, they weren't going to raise the debt ceiling, and then they went to Washington, D.C., and did exactly that.
Hikes in the debt ceiling - without any political demands from the opposition party - had been routine until President Obama took office.
I think it's important that people know what raising the debt ceiling is. It's Congress giving permission to the federal government to borrow more money that we don't have, and we borrow it for the purpose of spending it.
The debt-ceiling vote isn't about what will be done in the future; it is about the integrity of America's commitment to support the bonds we issue. Elected officials have an obligation to maintain that integrity, regardless of whether they voted for ...
