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Boehner: If Credit Agencies Downgrade US, It's 'Beyond My Control'

446
Achilles Tang7/28/2011 4:40:21 pm PDT

re: #439 EmmmieG

Why do we even have a debt ceiling? To control spending?

I believe we didn’t a few decades ago. Budgets had to take it into account and authorize any borrowing in the budget. Republicans brought it back.