@1dalm This is true which brings up the question as to why the Biden administration didn't abolish the debt limit before the GOP won control of the House.
@antares @1dalm
To be clear, the debt limit can't be abolished since it's really just the term for the total amount Congress has authorized to be borrowed.
However, Congress *could* include borrowing authority in every spending bill that it passes.
In other words, yes, the Democrat controlled Congress could have raised the debt ceiling alongside their spending authorizations, but it didn't.
@volkris @1dalm We need to return to the Gephardt Rulethat existed from 1979 to 1995 that deemed the debt ceiling raised when a budget was passed.
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@antares @1dalm
To be clear, the debt limit can't be abolished since it's really just the term for the total amount Congress has authorized to be borrowed.
However, Congress *could* include borrowing authority in every spending bill that it passes.
In other words, yes, the Democrat controlled Congress could have raised the debt ceiling alongside their spending authorizations, but it didn't.