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Should Congress Abolish the Debt Ceiling?

Open to Debate

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The Debt Ceiling and the Debt Limit

Mark Shepherd: I am totally on board with the concern that our nation's long-term fiscal path is unsustainable. We need spending restraint, and we need additional tax revenue to make sure that the nation's fiscal situation does not continue to erode. John Donvan: You have the final say here, Mark. Tell us again why you're answering yes to the question whether or not Congress should abolish the debt ceiling.

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