Debt-Ceiling 'Nonsense' Doesn't Work: Bloomberg

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Bloomberg: Putting an End to Debt-Ceiling Nonsense

"Given the impressive dysfunction of Congress, compounded these days by an unusually incompetent White House, there's something to be said for institutional strictures that make it harder for government borrowing to get dangerously high. The debt ceiling is meant to do that. Unfortunately, it doesn’t work." (Bloomberg)

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