The Danes' Debt Ceiling

The idea is that there's a certain limit on how much a government can run up in debt and once that ceiling is reached then there has to be an agreement to extend it. In just about every case it's a democrat administration that looks to spend and Republican administration trying to squeeze concessions out of the public, he says. Only a few occasions in the US has there actually been an attempt to block and to hold a Debt Ceiling.