Our crack Senate yesterday raised the Debt Limit … Again.
As soon as the Debt Limit is created, Congress aggressively takes aim on the newly raised Debt Limit. As long as any proposed spending does not go over the Debt Limit, it is OK to spend the money because it is “authorized” since it does not exceed the Debt Limit.
There are those geniuses up there that see this latest increase of $1,900,000,000,000 and say, “One point nine ain’t much. Heck, that’s not even two”.
At least they ought to change the name of The National Debt Limit. How about some of these ideas? …
• The Temporary Debt Limit.
• The Debt Limit Until We Exceed The Debt Limit Limit.
• The Unlimited Debt Limit.
• The Absolutely We Ain’t Gonna Go Over Limit Unless And Until Such Time As We Spend So Much Money That It Is Necessary To Go Over The Limit Limit.
Until they get a new official name change in place they ought to put a Smiley Face behind the old name. This way we will know that they are just kidding.
What these “statesmen” do not tell you is that this is a $1.9 trillion increase to the new total Debt Limit of $14,300,000,000,000. If Foghorn Leghorn were a member of Senate he would be quick to point out that this is not even $15 trillion. I’m sure glad Foghorn Leghorn is not in the Senate … Or Is He?
Would I kid u?
