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aww_dang | 2 years ago

This is akin to saying, "Putting a limit on a credit card does not prohibit spending"

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tzs|2 years ago

The debt ceiling isn't like a limit on a credit card. It's like a limit on how much you can pay toward your credit card bill.

aww_dang|2 years ago

I don't know how many recursive turtles you want.

You have a debt obligation like a utility bill. You want to pay it with your credit card, but you can't because you are over the limit. The end result is you don't spend that money. Your spending is limited, by the debt limit.