Senator Elizabeth Warren tweets:
"Republicans voted to raise the debt ceiling for Trump — not once, not twice, but 3 times. But now there's a Democrat in the White House, they don't want to raise it again. It's a con to create economic chaos, and we shouldn't fall for it."
#UnitedStates #NationalDebt #DebtCeiling #Democrats #Republicans
https://twitter.com/SenWarren/status/1617553680433139715
https://nitter.poast.org/SenWarren/status/1617553680433139715
This misses that they are not spending laws. There are appropriation laws, while it is the executive branch spending throughout the year as authorized, not ordered, by the legislative branch.
That is a crucial misunderstanding in the US system of divided government.
And so the treasury in the executive branch has the money to pay these debts seeing as Congress cannot obligate the executive branch to spending.
That makes all the difference in this controversy.
