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The entire concept of the debt ceiling is stupid. No other countries that I know of have a process where they decide whether or not to pay their bills after they spend money. Republicans will pull this BS every time a Democrat is President, and Democrats will likely do the same to Republican Presidents. This whole process is a recipe for disaster for our country. It also pushes us closer to the US dollar no longer being the standard for international trade. This whole process needs to be reformed so no political party has the ability to destroy the global economy for political points. The founder’s would vomit if they saw how grotesque our government is.
+1.
The time to behave this way is when the budgets are made, not when the bills come due.