Wednesday, October 28, 2015

Raising the Debt Ceiling (Again)

In violent times
You shouldn't have to sell your soul
In black and white
They really, really ought to know
--Tears for Fears

Despite Jacob Hornberger's fine argument as to why the debt ceiling should not be raised, the House jammed thru a budget bill that would raise the debt ceiling for the 79th time. The new debt ceiling would be $19.6 trillion.

Rand Paul says that he will filibuster the bill when it hits the Senate floor. Paul does have some experience with this practice.

However, absent a miracle from RP or others, the mortgage on our future is getting more burdensome once again.

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