#debt limit

Raising the debt limit on some levels is a ministerial act. It doesn't involve any new spending. ↗

— Jacob Lew

#any #debt #debt limit #involve #levels

My point is cutting spending shouldn't be reliant on the debt limit though. It's something we have to do. The good news for America is, leaders in both parties, the president, believe that we have to have significant deficit reduction. So the intent is there. And I think what America is going to demand is that our leaders come together. ↗

— David Plouffe

#believe #both #come #cutting #debt