The debt ceiling and spending are not really the same thing. Raising the debt ceiling is about paying obligations that were already made. It’s like paying your credit card bill. Sure, you could technically cut spending by not paying the bill but it’ll hurt in the long term and is not the ideal way to cut spending.
The debt ceiling and spending are not really the same thing. Raising the debt ceiling is about paying obligations that were already made. It’s like paying your credit card bill. Sure, you could technically cut spending by not paying the bill but it’ll hurt in the long term and is not the ideal way to cut spending.