Why do we have a debt ceiling?

[WVUCOOPER]

Serious question.

 

[moe]

Serious question.

So that (minor) attention is called to it when it needs to be raised again? pretty much a formality.

 

[countryroads89_rivals]

So we can waste money debating on whether or not it should be raised and then ultimately raise it?

 

[Boomboom521]

Sounds good? Like Congress is at least making sure we have some type of fiscal responsibility

 

[WVUCOOPER]

 

[wvu2007]

George W Bush was a tea partier?

 

[Mntneer]

So we can pretend we're responsible.

 

[Shirley Knott]

So we can pretend we're responsible.

We are all responsible, too few of us care...