Monday, 25 September 2017
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Death to Debt Limit? Good Idea and Trump Could Do It

Added: 13.09.2017 4:21 | 2 views | 0 comments

, USA Today
The debt limit needs to be abolished, but realistically only a Republican can do it because the GOP is more heavily invested in the idea of a balanced budget — even if its actions, especially on tax cuts, repeatedly belie its words. Thus, just as only the Republican Richard Nixon was able to open the diplomatic doors to then-Red China precisely because he had a reputation for being anti-communist, and liberal Democrat Bill Clinton was able to reform welfare, so too only a conservative Republican president can get rid of the debt limit.

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