There really is no debt ceiling if it constantly be raised!
Consider your own credit card. It has a limit (a debt ceiling). Can you raise it? NO the authority which granted you the card may or may not raise your limit debending on several factors; most importantly your ability to pay your debts.
We The People have (in the 16th amendment) granted the government the right to incur debt. But congress seems to think that they can continually raise the limit themselves. Shouldn't We The People be the ones to authorize any increase? After all We're the granting authority and congress is the recipient of the credit?
The current national debt is OUTRAGEOUS! It should be a national embarressment. If any individual incurred a debt of such relative proportion we would be forced into bankruptcy.
The national debt is currently more than $94,800 per citizen and $247,000 per taxpayer. The national debt is a House Of Cards that is ready to collapse. And it is climbing at an exponential rate.
Isn't it time for them to BALANCE the budget and stop overspending? Should we continue to allow congress to continue driving the nation into further debt? I say NO!
I've asked my congressman to stop raising the debt ceiling and become fiscally responsible. Why don't you ask your representative to do the same?