If you ask the question of Americans, should we pay our bills? One hundred percent would say yes. There's a significant misunderstanding on the debt ceiling. People think it's authorizing new spending. The debt ceiling doesn't authorize new spending; it allows us to pay obligations already incurred.
Peter WelchAbout author
- Author's profession: Politician
- Nationality: american
- Born: May 2, 1947
Related Authors
Topics
Quotes currently Trending



