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Should Congress Abolish the Debt Ceiling?
Open to Debate
The History of the Debt Ceiling Limit
We believe quite strongly that we have to raise the debt ceiling. There is no option to doing that and that that will happen because the economic impacts of not voting would be calamitous. It got everybody to focus back in 2011, it led to some decision making. This has abdicated a lot of its influence in setting legislation recently.
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