142 Comments

In reality, not raising the ceiling would put the US in default on its debtsWhich makes it unconstitutional. Amendment 14, Section 4:

The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned. But neither the United States nor any State shall assume or pay any debt or obligation incurred in aid of insurrection or rebellion against the United States, or any claim for the loss or emancipation of any slave; but all such debts, obligations and claims shall be held illegal and void.The debt ceiling is prima fascia a violation. When they tried this bullshit with Obama, I wanted him to tell them to fuck off, and tell the Treasury to keep paying the bills. Instead, we got the fucktastrophy of “sequestration”, which was supposed to be so painful that it would force Congress to get their act together. The problem is, the GOP are a bunch of sadists, and the people who vote for them are masochists.

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So there's a legal pretext to just call their bluff?

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UV is me!

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Did you ever Ask Jeeves?

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Right? Also, credit cards LOVE for you to carry a balance so long as you make your payments - that's where they make money! So, yeah, if you keep making your payments, they'll keep raising your limit to get more from you.

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This is great, should have been done months ago.

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I'd rather mulch the rich, and eat the plants.

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Decrease corporate welfare at the same time or first.

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They can set income limits like tax brackets. If you are that rich, nice you have a thought for those less fortunate.

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As if enough rural hospitals and clinics haven’t dried up already, the GQP will kill off their last reliable income.

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Apparently some legitimately smart lawyers think it’s not clear-cut, which is probably why Bamz didn’t try it.

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Good point! See? It's even more feasible!! And since I'm pretty sure I FINALLY got the lucky ticket, I will soon be that rich!! And I will fund our Wonkette forever and ever with raises and cocktails for everyone!

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The plan includes eliminating the cap. The taxes on capital gains are for those in excess of $250,000 a year.

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Since poor people have shorter life expectancy and more health problems raising the eligibility ages for Medicare and SS IS ANOTHER REPUBLICAN ATTACK ON THE POOR

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The Tokyo phonebook couldn’t do that.

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Fuck Glenn Kessler. Along with several other Fact Finders. They play word games and keep changing the goal posts on how big a deal context is. One time, "context matters" so it's false, then another time where words are pulled out of context, "He did say that" so it's true.

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