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Home→Tags Reagan

“Choose love over hate, and be kind to one another” ~ Ross Ulbricht

Tag Archives: Reagan

Does the debt ceiling do any good?

Posted on 09/10/2017 by Darryl W. PerryOctober 1, 2017

The Washington Post recently answered the question: “Why does the debt ceiling exist?” In answering the question, they reported, “The debt ceiling was set up in 1917 so the [US] Treasury could borrow money up to a limit without repeatedly having to go to Congress for permission. (The debt ceiling … Continue reading →

Posted in Uncategorized | Tagged $20 trillion, $65 billion, 1939, 1941, Congress, debt, debt ceiling, Donald Trump, Reagan, Ronald Reagan, spending, spending limit

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