Debt can’t be solved by avoiding issue
Benjamin Franklin once said: “Think what you do when you run in debt; you give to another power over your liberty.” Debt, whether national or personal, limits the freedom of the debtor.
A family who has overspent their current and future income must incur the pain of taking corrective measures. They cannot “spend” their way out of their predicament
Our government has and continues to spend beyond revenue levels, requiring more and more debt. We must address this debt now and stop passing the problem to our children and grandchildren.
Logically, it makes absolutely no sense that spending can be reigned in by first raising the debt limit so that we can continue to spend to gain promised reductions later. And, history has shown that we cannot trust Congress to follow through on its promises.