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Dems Push Bill for Unlimited Debt

Contending that “the very idea of a debt ceiling for federal borrowing places unacceptable restraints upon government,” three Democratic Representatives—Jim Moran (VA), Hank Johnson (GA) and Jerry Nadler (NY)—have introduced legislation that would bar any limits on the amount that could be borrowed.
“We should never permit a lack of money to prevent the government from taking whatever action may be needed for the betterment of our society,” Moran argued. “If the money isn’t already in-hand or can’t be obtained due to mindless opposition to higher taxes, the option of borrowing must not be infringed.”
Moran maintained that “the notion that there ought to be some sort of upper limit on the amount of resources the government has access to is archaic and inappropriate under a democratic Constitution. In America, the government is the people. There is no need for the people to hamper itself with this kind of constraint.”
“The mere existence of a debt ceiling allows the enemies of progressive policies to periodically divert voters’ attention away from the benefits of those policies by focusing an unwarranted emphasis on the costs,” Nadler said in support of the bill. “It encourages miserly, penny-pinching behavior that can only slow the pace of our nation’s transformation toward the attainment of social justice.”
In related news, Representative Jan Schakowsky (D-Ill) asserted that the President’s efforts to stimulate the economy have failed “because they weren’t big enough. We show too much trepidation when it comes to spending. Too many of my colleagues get squeamish over taking money from taxpayers to fund government programs. The reality is that the average American has far more money than he needs. The real crime is that we let these people keep money that would be better spent if it were in the government’s hands.”

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