How a Debt Ceiling Debate Could Make the U.S. Economy Worse
Nov 22, 2022 | By Will Hurd
9 min read
If the debt ceiling issue isn’t resolved before the end of the year, it will be significantly harder to solve it if it’s punted into 2023. We cannot spend more money than we take in nor make interest payments forever without paying down our national debt. Fiscal responsibility is a precondition for a strong economy, and continuing on this path is a national security risk.