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Friday, April 15, 2011

Voting for raising the debt ceiling

This story provides an interesting graph depicting US debt vs. debt ceilings. It seems that a vote to raise the debt ceiling is really just a vote to raise the level of debt. If that is true, then I suppose those politicians who are against raising the level of US debt are right to vote against raising the debt ceiling. There will be interesting, and disgusting, political machinations in the coming weeks.

NationalJournal.com - GRAPHIC: 10 Years, 10 Broken U.S. Debt Ceilings - Wednesday, April 13, 2011

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