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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

Photo by Michael Martinelli on Unsplash

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

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I am not interested in the past, except as the road to the future.

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