Embedded within the American Constitution is a provision that acts as a financial guardrail, defining the permissible limits of government debt. As the debt inches closer to this constitutionally mandated ceiling, the onus falls on Congress to engage in a critical decision-making process to raise it. This constitutional safeguard aims to prevent excessive government borrowing, preserving a semblance of fiscal responsibility.
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https://www.tumblr.com/andrewbaxterreviews/739119637625798656/beyond-the-brink-navigating-the-debt-ceiling?source=share
#andrewbaxter #andrewbaxterreviews
Embedded within the American Constitution is a provision that acts as a financial guardrail, defining the permissible limits of government debt. As the debt inches closer to this constitutionally mandated ceiling, the onus falls on Congress to engage in a critical decision-making process to raise it. This constitutional safeguard aims to prevent excessive government borrowing, preserving a semblance of fiscal responsibility.
https://www.tumblr.com/andrewbaxterreviews/739119637625798656/beyond-the-brink-navigating-the-debt-ceiling?source=share
#andrewbaxter #andrewbaxterreviews
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