#debt ceiling

Raising the debt ceiling is not additional spending. It is simply saying, you, the United States of America, can continue to borrow the money you need to pay the bills you have already rung up. ↗

— Jay Carney

#already #america #bills #borrow #ceiling

The debate we won't be having is whether or not the debt ceiling should be raised. We will not have a situation where people will hold the American economy hostage in order to achieve a specific agenda - at least not until 2013. So we think that is incredibly important as a matter of economic good. ↗

— Jay Carney

#agenda #american #american economy #ceiling #debate

If we had decided on January 5, in the new House of Representatives, to make no new spending bills, the debt ceiling would've still been hit, because, those are bills that are coming in as a result of purchases and commitments made by the administration and the previous Congress. ↗

— Bill Johnson

#because #been #bills #ceiling #coming

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

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

— Bill Johnson

#ceiling #debt #debt ceiling #fact #going

Most of the major increases in the debt ceiling have been accompanied by structural changes in the way we raise and spend money. ↗

— Charles F. Bass

#been #ceiling #changes #debt #debt ceiling

It's not about what the speaker wants. It's not about necessarily what I want. There's two other principles involved here. It's what the constituents in my district want, and they didn't want to raise the debt ceiling unless there were significant structural reforms and spending cuts to help us balance our budget. ↗

— Tim Huelskamp

#balance #budget #ceiling #constituents #cuts