#debt ceiling

The Republican argument that raising the debt ceiling encourages additional future spending is logically irresponsible. The debt ceiling has to be raised to authorize spending already approved by Congress. Despite that fallacy, the GOP has been able to score political points with its argument. ↗

— Eliot Spitzer

#additional #already #approved #argument #authorize

If it took multiple debt ceiling hikes, I'd rather achieve the savings. ↗

— Bob Corker

#ceiling #debt #debt ceiling #hikes #i

You watch television and see what's going on on this debt ceiling issue. And what I consider to be a total lack of leadership from the President and nothing's going to get fixed until the President himself steps up and wrangles both parties in Congress. ↗

— Steve Wynn

#ceiling #congress #consider #debt #debt ceiling

We need to get rid of the debt ceiling law. It's anachronistic and it's a problem. ↗

— Mark Zandi

#debt #debt ceiling #get #law #need

If you ask the question of Americans, should we pay our bills? One hundred percent would say yes. There's a significant misunderstanding on the debt ceiling. People think it's authorizing new spending. The debt ceiling doesn't authorize new spending; it allows us to pay obligations already incurred. ↗

— Peter Welch

#already #ask #authorize #authorizing #bills

I would vote against raising the national debt ceiling. Again, this is about mortgaging the future of unborn generations of Americans. It's a form of taxation without representation. I don't think we can do that. ↗

— Mike Lee

#again #against #ceiling #debt #debt ceiling

It is simply science fiction fantasy to say that, if you do not raise the debt ceiling, that everything is going to collapse. ↗

— Mike Lee

#collapse #debt #debt ceiling #everything #fantasy

There was no avoiding the fact that we were going to hit our debt ceiling. ↗

— Bill Johnson

#ceiling #debt #debt ceiling #fact #going

The debt ceiling at some point has to be raised. I don't think there's anybody that questions the fact that if we ended up getting in a situation where the U.S. government was sending out IOUs like the state of California did at one point, that ends up creating quite a brand problem for our country. ↗

— Bob Corker

#brand #california #ceiling #country #creating

I would be embarrassed to tell you how many folks ran saying that they weren't going to spend a bunch of money, they weren't going to raise the debt ceiling, and then they went to Washington, D.C., and did exactly that. ↗

— Mick Mulvaney

#ceiling #debt #debt ceiling #did #embarrassed