Abolish the Debt Ceiling
Much talk in recent weeks has been about the need for Congress to once again raise the debt ceiling, otherwise risk widespread default on US government debt.If you are experiencing some déjá vu, you are not alone. Debt ceiling standoffs have become a staple in American politics in recent decades, with one party using the debt ceiling to play the proverbial game of chicken with the US economy, and the other hoping a deal is hammered out before it’s too late. But why exactly do we have a debt ceil