Comment

Far Right UK Blogger Denies Connection to Oslo Terrorist (But Wanted to See Me Shot)

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Obdicut (Now with 2% less brain)7/28/2011 3:36:19 pm PDT

re: #54 ThomasLite

I’d argue that leaves the common practice of congress authorizing a debt ceiling meaningless

I think it is meaningless.

be established and agreed upon practice, which is not something you just throw out the window because there’s a technicality in the text.

But that’s not why. The clear purpose of the clause is that the debt and creditworthiness of the US not be questioned. That’s the intention and purpose of the paragraph. Agreed?

Remember, this is existing debt we’re talking about. The US government owes these monies. This is debt that’s coming due.