Should the United States Have a Debt Ceiling?

The United States debt ceiling is a limit set by Congress on how much national debt the U.S. Treasury can incur. In recent weeks, much of the news cycle has focused on the debt ceiling and debates over whether it should be raised or not. While this has not been a hot-button issue historically, it has emerged as one during a time of increased partisanship. The issue of whether or not to have a debt ceiling has sparked questions over whether a debt ceiling is constitutional or effective.

Those who support the United States having a debt ceiling argue that it is an important tool in keeping government spending in check. They argue that it is one extra hurdle that lawmakers need to clear in order to enact large spending bills, which helps minimize unnecessary new programs and entitlements. Additionally, they contend that the debt ceiling makes it easier for Congress to do its job as it gives the U.S. Treasury the legal ability to spend more money than it has up to a certain limit.

Those who oppose the United States having a debt ceiling argue that it is an ineffective tool that is cumbersome to the governing process. They argue that the debt ceiling frequently needs to be raised in order for the U.S. Treasury to spend money on bills that have already been passed—a process which takes unnecessary time and effort. They also argue that the debt ceiling violates the Fourteenth Amendment of the Constitution, which states, “the validity of the public debt of the United States, authorized by law…shall not be questioned.” They claim that having a debt ceiling opens up the possibility that the government would not be able to pay its obligations if a spending bill increased the debt beyond what the ceiling was set at.

So, what do you think? Should the United States Have a Debt Ceiling? Students may answer Yes, it should; No, it should not; or a nuanced answer in between! Be sure to submit your answer by 10/25 to be considered for this week’s prize.

 Note: Ideal Think the Vote responses include the following:  

-Address the question asked in a thoughtful and meaningful manner  

-Use cited facts and constitutional arguments when appropriate to support their answers  

-Are expressed in cohesive sentences and are free of distracting spelling, punctuation, and grammatical errors  

-They address counter-arguments and opposing concerns in a respectful manner  

-They organize their answer in a manner that flows logically and reads clearly  

Current Standings:
Yes: 78%
No: 22%
  • Larry from Missouri

    yes, it prevents the government from getting into debt

    1
  • Ariana from California

    Divided We Cannot Stand If The Ceiling Falls
    Yes – The debt ceiling should be increased. Limits and budgets are necessary for everyone to be fiscally responsible, but at times the boundaries have to be tested and adjusted to deal with our change of circumstances. We all are aware of the government’s need to address the Covid-19 pandemic and the actions need to deal with this crisis. However, I do not agree with Winston Churchill saying, “Never let a good crisis go to waste”. We need unity in our nation. Now, is not the time for one party to force controversial funding projects that will cause more divisiveness.
    Today, political discussion on talk shows of the debt ceiling crisis fills the airways and the internet across our nation of the looming dates of a doomsday scenario that our government will shut down. We all remember the government shutdown of 2013, where people’s lives were affected with jobs and checks not being mailed out. This is the equivalent of the nuclear option for economic budget negotiations, but this game of chicken hurts us all and must be avoided. We all have our own political opinions about the debt ceiling crisis will need to be increased to cover the money already spend otherwise our credit rating and economic credibility will have disastrous consequences with a lower credit rating and thus higher rates to borrow. “U.S. Treasury debt was stripped of its triple-A rating by Standard & Poor’s—a rating it had held for more than 70 years.” The setting of limits allows for political debate, negotiations between parties, and ideologies to compromise in the end on how much to approve for a credit limit of spending. We see this every day in our everyday lives with our own family budgets, credit card limits, and how we pay them back determines our credit rating score and whether we can get lower rates or limit increases.
    “We the people, in order to form a more perfect union;” was deliberately written to protect certain freedoms for each citizen. Our forefathers intend for such freedom of discussion with built-in safeguards with checks and balances on governmental powers. The current crisis has developed with the Whitehouse agenda of President Biden’s party trying to pass a sweeping budget that is all-inclusive and reforming but controversial with about half of the population. I think there are areas of agreement that the budget spending could be increased in part, as I have heard by the wise old saying “pass what is agreed to now and negotiate the other items later.” However, I realize this would defeat the pressure one party can exert over the other party in negotiations. This should not a power grab play nor a partisan issue since it would affect our nation’s economic credibility.
    Like our own families’ economic concerns should be a matter of good housekeeping and should not be partisan to hurt or hinder political parties or rehash bitter differences and rivalries. Our elected officials should reach across the party lines and compromise. “The debt ceiling has been raised, extended, or revised 78 separate times since 1960.”(Cite- https://www.investopedia.com/terms/d/debt-ceiling.asp)
    Now is the time for the leadership in our country to heal us and come together, putting aside our differences, and move forward in the best interest of our country, and increasing the debt ceiling. Our pledge of allegiance unites us with our democracy and civility to one another with the words, “one nation under God, indivisible with liberty and justice for all.” Once again, our country will set an example to the world of democracy in action and how we work together.

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    Divided We Cannot Stand If The Ceiling Falls
    Yes – The debt ceiling should be increased. Limits and budgets are necessary for everyone to be fiscal…

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  • Jacob from Missouri

    The U.S debt ceiling is important to the economy of our country. The debt crisis that is enveloping this country will ruin us if we do not correct it. Our debt to GDP is over 120% from recent estimates and reports. Our government will collapse when the countries to which we owe this debt come to have it repaid. Crazy debt nearing 30 trillion is not a way to run a country. Wars or conflict over this debt is very possible or even likely. The debt ceiling only perpetuates spending whilst flipping political agendas. This just gets nothing done while putting the entire population of the U.S deeper in debt.

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    The U.S debt ceiling is important to the economy of our country. The debt crisis that is enveloping this country will ruin us if we do not correct it….

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  • gracelyn from Missouri

    i think we should. we need to have debt because without it then theres no value in money. for many people they work hard for their money and have to try and save their money but without debt there’s no point because you could spend whatever amounts you want and not have to worry about it

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    i think we should. we need to have debt because without it then theres no value in money. for many people they work hard for their money and have to t…

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  • Brayden from Missouri

    I feel as though it is a good hurtle to keep in place to keep the government from going further into debt.

    0
  • Tyler from Missouri

    The united states should have a debt ceiling. The debt ceiling is very important in the American government. The debt ceiling is the maximum amount of debt the United States can have at one time. This prevents the government from spending to much money and getting to a point of no return where we can not possible pay back the money. Even though the government keeps voting to extend the amount of debt we can have thus raising the debt ceiling. The ceiling still has an affect even if it constantly gets raised. It overall slows down government spending to a manageable level by giving it a hard limit. Debates over raising the ceiling take time and getting it to raise by a lot is very hard. This makes it so that some outrageous bill that is way to expensive does not get passed on a fluke. Like recently they only raised the debt ceiling by 480 billion to keep the government running for a couple months. This keeps us functional but not making any stupid decisions.

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    The united states should have a debt ceiling. The debt ceiling is very important in the American government. The debt ceiling is the maximum amount of…

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  • MaKenna from Missouri

    I like the limit that we have and i think it should stay like that. As the article states, it hold the nations finances in check and also debt can be used to fund us government operations. But there are also cons to it like, the debt ceiling continues to be raised when the limit has been hit. Also risk of default and failure to pay interest to bondholders lowers the us credit rating and increases the cost of debt.

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    I like the limit that we have and i think it should stay like that. As the article states, it hold the nations finances in check and also debt can be …

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  • Elyssa from Missouri

    I think yes because money in the US needs to be spent wisely and with the debt then I think that would really help out.

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  • Alexis from Missouri

    In my opinion the debt ceiling should stay how it is. It does not need to be changed because once you change it one time it is inevitable to happen over and over again. This would put the US in even more debt than it already is. Investopedia says some pros are that it holds the nations finances in check and the debt can be used to fund government operations. I think overall it is the right way to go because of reasons like this. Some don’t think the same, they think that keeping it where it is does more harm than good since we are already in so much debt. But really if we just kept moving the cap it would put us in even more debt.

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    In my opinion the debt ceiling should stay how it is. It does not need to be changed because once you change it one time it is inevitable to happen ov…

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  • Emilie from Missouri

    I believe that the government should have a debt ceiling but I don’t think the one we have now is doing anything useful. According to Investopedia.com, whenever our national debt levels reaches the ceiling, the Treasury Department must go to extraordinary measures until the ceiling is raised again. I don’t think there is use in a ceiling if we just raise it every time we reach it. While the fourteenth amendment says that the validity of the public debt of the US shall not be questioned, I believe that we have every right to question and want explanations for the debt our country is in. All in all, I can see how a debt ceiling could be unconstitutional, but I do believe if done right it has a good purpose to hold our officials accountable.

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    I believe that the government should have a debt ceiling but I don’t think the one we have now is doing anything useful. According to Investopedia.com…

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  • aiden from Missouri

    yes it help prevent form us going into debt

    0
  • Dallas from Missouri

    This is a tricky subject. I believe that we should have a debt ceiling so the government doesn’t spend however much they want whenever they want. I also believe that they shouldn’t just put up the ceiling whenever they please. Investopedia states, “Over time, the debt ceiling has been raised whenever the United States has approached the limit. By hitting the limit and failing to pay interest payments to bondholders, the United States would be in default, lowering its credit rating and increasing the cost of its debt.” We shouldn’t put the ceiling up whenever we have already hit the limit, we need to keep it up so we have a reference of where we are at and how much we can spend.

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    This is a tricky subject. I believe that we should have a debt ceiling so the government doesn’t spend however much they want whenever they want. I al…

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  • lilly from Missouri

    I think that we should have a ceiling debt because it helps hold the nations finances in check. the debt can be used for other things that are more useful to the govt. operations. The debt ceiling can be raised or lowered to avoid the risk of default as well.

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    I think that we should have a ceiling debt because it helps hold the nations finances in check. the debt can be used for other things that are more us…

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  • Danika from Missouri

    I thhink we should keep debt ceiling. It helps the government to budget spending. The purpose of it is to keep finances in check. Plus, if we didn’t have debt ceiling debt would cost more. Some people think we shouldn’t keep the debt ceiling because they believe that it makes them have more debt.

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    I thhink we should keep debt ceiling. It helps the government to budget spending. The purpose of it is to keep finances in check. Plus, if we didn’t h…

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  • emma from Missouri

    I think we should have a debt limit. Some things we are spending money on is absolutely pointless. We have a Treasury Department for a reason. I think it is okay to help some other countries, but we are burning down countries and paying to rebuild them. We are also spending trillions of dollars to fund groups that are solely based of people assuming things.

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    I think we should have a debt limit. Some things we are spending money on is absolutely pointless. We have a Treasury Department for a reason. I think…

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  • Jolee from Missouri

    I think that we should keep the debt ceiling because without it we would be in even more debt than we already are. The ceiling is a way to keep us from not spending more than we have but also it is for the U.S. Treasury to do their jobs by making sure we don’t spend more than the limit.

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    I think that we should keep the debt ceiling because without it we would be in even more debt than we already are. The ceiling is a way to keep us fro…

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  • carter from Missouri

    yes because it lets the congress do its job and prevents excessive spending by the government

    0
  • Gavin from Missouri

    i think the debt ceiling should stay. it should stay because without it we have seemingly endless debt. we need the deft cap so we don’t over spend and cause tremendous amounts of inflation. one example would be the new 3.7 trillion dollar bill they’re trying to pass. that will put us in debt we have never been to before. ehy keep going into debt we can’t get out of? instead just slowing climb out.

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    i think the debt ceiling should stay. it should stay because without it we have seemingly endless debt. we need the deft cap so we don’t over spend …

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  • Paige from Missouri

    i think yes because if we didn’t have debt then people would just buy whatever they want. People would also spend as much as they want. it also helps keep our government out of debt. Once the government gets into debt its going to be hard for them to get out. we shouldn’t be spending the money we don’t have to begin with. so yes i think we should have debt.

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    i think yes because if we didn’t have debt then people would just buy whatever they want. People would also spend as much as they want. it also helps…

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  • Kemani from Missouri

    I believe we should have debt ceiling to insure were not spending our money on products we don’t need. We need to make sure that our money is being put to good use instead of us going into debt that we can’t get out of.

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    I believe we should have debt ceiling to insure were not spending our money on products we don’t need. We need to make sure that our money is being pu…

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  • mackenna from Missouri

    I think that we should keep the debt ceiling because without it we would be in even more debt than we already are. The ceiling is a way to keep us from not spending more than we have but also it is for the U.S. Treasury to do their jobs by making sure we don’t spend more than the limit.

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    I think that we should keep the debt ceiling because without it we would be in even more debt than we already are. The ceiling is a way to keep us fr…

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  • Kaitlyn from Missouri

    Yes, I believe that the US should keep the debt ceiling. It prevents us from putting our government in debt we can’t get out of. Making sure the government doesn’ t spend to much money ensures that the government can still pay for its military , education and other government paid jobs. IF there were no debt ceiling we would just buy anything and everything what there is to offer. Having a lower debt ceiling could have inflation occur at a slower pace.

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    Yes, I believe that the US should keep the debt ceiling. It prevents us from putting our government in debt we can’t get out of. Making sure the gover…

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  • Elizabeth from Missouri

    I think yes because as how much debt we are in right and not having debt ceiling we wouldn’t be doing so well but they might need to pay up more to get us out of debt.

    0
  • Hayden from Missouri

    We need a debt ceiling to make sure the government doesn’t have too much debt. It would make them more careful on what to spend money on.

    0
  • Jackson from Missouri

    We need to keep the debt ceiling because if we didn’t then the government would be spending money we don’t have.

    0
  • Aubrey from Missouri

    I think that we should have a debt ceiling because without it we would be in even more debt than we already are. It is a way to keep to keep the spending in check and it also for the U.S. Treasury to do their jobs by making sure we don’t spend more than the limit.

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    I think that we should have a debt ceiling because without it we would be in even more debt than we already are. It is a way to keep to keep the spend…

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  • claire from Missouri

    it keeps the Untied States from spending to much money. it also makes it easier for congress to do its job. in an artical from recruters stated that ” another vast spending bill would hurt Americans and help China.”

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    it keeps the Untied States from spending to much money. it also makes it easier for congress to do its job. in an artical from recruters stated that “…

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  • m from Missouri

    The U.S. should keep the debt ceiling because the government should not be over spending money they do not have. An article by The Concord Coalition stated government overspending causes there to be less money flow into the economy which declines growth of the economy which limits jobs, increased poverty, decreased living standards, and lower wages. As the government’s debt grows it will eventually overtake private savings. The government’s debt affects the individual and the ceiling would keep the government spending in check and make sure that our country is working to pay off their debt instead of spend to their advantage and ruining the economy for future generations.

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    The U.S. should keep the debt ceiling because the government should not be over spending money they do not have. An article by The Concord Coalition s…

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  • Alayna from Missouri

    Yes, the United States should keep the debt ceiling. The debt ceiling is a limit on U.S. government spending. It has been adjusted many times in the past. The main purpose is that it helps keep finances in check. With no debt ceiling, debts would cost much more. Others who support the debt ceiling have said that it stops government officials from immediately passing bills that cost large amounts of money. It is “one extra hurdle” to consider.

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    Yes, the United States should keep the debt ceiling. The debt ceiling is a limit on U.S. government spending. It has been adjusted many times in the p…

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  • Maria from Kentucky

    Yes, the US should have a debt ceiling. Without a debt ceiling, Congress would have free reign to spend any amount of money. The debt ceiling keeps Congress’ spending in check and regulates the US’ debt toward other countries and itself. It is true, the US has not always had or required a debt ceiling. However, this was prior to WW1 when America was still a small country. Since then, America has grown into a world power and has a greater need for greater spending. Investopedia writes “The debt ceiling was created during World War I in order to regulate U.S. government spending and to keep the U.S. government fiscally responsible. Since then, the debt ceiling has been raised or revised 78 times in order to avoid the possibility of default and keep the U.S. economy running, with no signs of Congress turning to other options, despite questions over the debt ceiling’s effectiveness.” Without the debt ceiling, the US would be in greater debt than we already are. Though the debt ceiling is somewhat of a nuisance in that it has to be raised all the time, it is necessary.

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    Yes, the US should have a debt ceiling. Without a debt ceiling, Congress would have free reign to spend any amount of money. The debt ceiling keeps Co…

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  • Esther from Utah

    Once again the House of Representatives has approved legislation to raise the U.S. debt limit. The legislation would extend the debt ceiling by $480 billion, allowing the current national debt to rise to about $28.9 trillion. The dozens of reruns we’ve seen of this exact episode has made many argue for the debt ceiling to be done away with completely. Despite its seeming ineffectiveness, however, the debt ceiling is a necessary boundary to hold government spending in check. It holds congress accountable.

    Allow me to request some imaginative thinking: If you gave a 5-year-old free access to your credit card, what would be the result? If you left a table stacked with cash in the middle of Detroit or Chicago, what would happen? Specifically, what would the statistics on money use look like in each scenario?

    When there’s no protections against and restrictions on access to money, money gets spent. If the government were to have unlimited spending powers with no regulation, a lot more money-using and a lot less budgeting and debt-reducing action would occur. Without a debt ceiling, federal agencies and government organizations would have virtually no spending cap. We would step deeper and deeper into our nation’s pit of debt. Actually, we wouldn’t step—we’d fall.

    Admittedly, the debt ceiling has been raised more than 70 times since its enactment. But, to use that as an argument against having it is the same as arguing that we shouldn’t have a law against theft because theft still occurs. Or that we shouldn’t marry because so many marriages end in divorce. The problem isn’t with the debt ceiling itself; it’s with the way it’s followed.

    We shouldn’t abolish the debt ceiling—we should instead have better budgeting. Facing the reality of our nation’s debt and its consequences will undoubtedly be painful, but Congress needs to start doing just that. They need to make a priority of passing legislation to cap spending to reach that balanced budget. Congress needs to pursue legitimate ways to put our nation on track to a better place financially, before allowing the debt ceiling to rise any further.

    The debt ceiling is an extra mountain for congressmen to climb before they have free access to a table stacked with cash or the theoretical credit card of the nation. We need a ceiling to give consequences to fiscal mismanagement, to ensure that national spending is held in check. We need the debt ceiling to hold congress accountable.

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    Once again the House of Representatives has approved legislation to raise the U.S. debt limit. The legislation would extend the debt ceiling by $480 b…

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  • Danny from Kentucky

    I think the US should keep the debt ceiling. It prevents us from letting us get more debt than we already have. Making sure that we someone doesn’t spend too much money ensures that the government still can pay for its military, its education, etc. If they need to make the debt ceiling go up, then that’s fine. If we had no debt ceiling and the government was to spend as much money as they want left and right, we might run out of money.

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    I think the US should keep the debt ceiling. It prevents us from letting us get more debt than we already have. Making sure that we someone doesn’t …

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  • Jenna from Kentucky

    Debt is not a good thing, we need to limit it as much as we can. We need to manage the government’s spending as much as we can. Inflation could happen at a slower pace with a lower debt ceiling.

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    Debt is not a good thing, we need to limit it as much as we can. We need to manage the government’s spending as much as we can. Inflation could happen…

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  • Emily from Kentucky

    The United States’ debt ceiling is necessary. It keeps the government’s spending in check. Without the ceiling, they would spend more money than they have on many bills. Most of these bills would be unnecessary and would just push the country even further in debt. In addition, the lack of a debt ceiling would allow the government to tax even more in order to keep up with their extravagant spending. They would claim that their spending was to benefit all, but in reality they would be hurting many Americans especially in the poorer communities. All in all, the debt ceiling is a great addition to the United States. Without it, America would drown in excessive debt.

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    The United States’ debt ceiling is necessary. It keeps the government’s spending in check. Without the ceiling, they would spend more money than they …

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  • Peter from Kentucky

    I believe that the United States should have a debt ceiling. Statista.com reports that the nation is in around 28.5 trillion dollars in debt, which is mostly in debt towards ourselves, and most of the rest of the debt is owed to foreign nations. I believe that it is important for the United States Government to be flexible in terms of spending, because with a country as large and complex as the United States, there will always be debts due to the immense levels of public programs and mandatory federal spending. However, even with new bills, or continued spending regarding old bills, I believe that the nation should eventually put a debt ceiling set in stone for itself. America has been in debt since its founding, and while most nations are in debt, which is a normal occurrence and can actually aid economic growth and prosperity, with the U.S. growing in debt every year with no end in sight, I believe that a debt ceiling would stop the negative effects of a huge debt. Pgpf.org states that “ If high levels of debt crowd out private investments in capital goods, workers would have less to use in their jobs, which would translate to lower productivity and, therefore, lower wages.” The United States must find ways to consolidate spending and restructure the economy until we have the debt under control, whether that be through new spending bills, slashes to spending, or logical taxation of certain aspects of society in order to pay off debts, so that we can increase economic prosperity and stabilize our economy.

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    I believe that the United States should have a debt ceiling. Statista.com reports that the nation is in around 28.5 trillion dollars in debt, which is…

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  • Zack from Missouri

    No the debt ceiling should not be raised. One thing that would be bad is inflation. Pricing of everything is going up, most notably gas. Raising the ceiling will also make it more difficult to pass laws and bills that require money. These are just a few reasons why we should not raise the debt ceiling.

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    No the debt ceiling should not be raised. One thing that would be bad is inflation. Pricing of everything is going up, most notably gas. Raising the c…

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  • Leigha from Missouri

    Personally, I am in favor of the government attempting to limit the debt created, but I do NOT think a debt ceiling is the way. Every year the debt ceiling is increased more and more to attempt to avoid reaching the limit. Plus, hitting the limit on the debt ceiling is more consequential and damaging that simply not having a limit. By hitting the ceiling, you are defaulting. This means the country didn’t pay interest to the bondholders and failed to subsidize the debt. With defaulting, you are increasing the debt created and lowering the countries credit. Not to mention, a debt ceiling is detrimental to the boundaries set by the 14th amendment. Said amendment, supports the rights of not questioning the validity of the countries debt. Disobeying and manipulating an amendment is not allowed and appreciated. Also, in scenarios where presidents are trying to increase the debt ceiling for their own benefit, ex. Trump when he wanted to build a wall, it creates debates and division within the senate.

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    Personally, I am in favor of the government attempting to limit the debt created, but I do NOT think a debt ceiling is the way. Every year the debt ce…

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  • Laney from Missouri

    no, I do not think the government should have a debt ceiling it can get raised at any moment and is not really a limit it is just something that makes them have to put more time in to raise it but I do think there needs to be a checkpoint to kind of remind them how much they have spent cause its very easy to spend money and not realize how much you really are spending but as stated in the article it’s still important to keep track of all of it its a very redundant law

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    no, I do not think the government should have a debt ceiling it can get raised at any moment and is not really a limit it is just something that makes…

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  • Matthew from Michigan

    The United States should not have a debt limit. The Debt limit is a political weapon used by congress that will always be raised. With the debt limit we still grow in debt. Without a debt limit the country could see how much we spend and find a more effective rather that making an ever expanding debt roof. Therefor we should look for a more lasting solution.

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    The United States should not have a debt limit. The Debt limit is a political weapon used by congress that will always be raised. With the debt limit …

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  • Liv from North Carolina

    Considering the fact that the United States (US) is currently $28.8 trillion in arrears, our debt ceiling should stay in place but not increase. Since 1973, the US has been known to raise their debt ceiling every decade by a few billion dollars, and this led to the escalation of the national debt. Continuation of this will stop the Treasury from paying it off temporarily, whereas keeping it the same is measured to decrease it. However, the Treasury has also spoken on wanting a section of the fourteenth amendment to be pushed.
    So much comes along with increasing the debt ceiling. It sounds like it can actually help the government, but based on previous decades, it doesn’t look like the case. According to the Committee for a Responsible Federal Budget, President Joe Biden’s plan may backfire because increasing the debt ceiling obligates the national debt to increase as well, and this is not easily avoidable. US Secretary of Treasury Janet L. Yellen wrote to Speaker of the House Nancy Pelosi and stated that keeping the debt ceiling at its amount is measured to decrease the national debt by $150 billion by next year.
    Yellen seems to be the only one who sees it this way considering that the Treasury has spoken on wanting section four of the fourteenth amendment – war debt doesn’t have to be paid off – invoked as to not go against the Constitution. This section was initially written so slave owners weren’t in debt after their slaves were freed, and the Confederates didn’t have to pay back the Union. (The Annenberg Policy Center of the University of Pennsylvania, 2021) It seems like the government is trying to find reasons to not pay back the national debt by allowing the debt ceiling to increase.
    Now sitting at $28.4 trillion, the debt ceiling is only going to continue growing. If President Biden’s bill to escalate it to $28.5 trillion is accepted, the Treasury will temporarily stop paying the national debt. Yellen spoke against this by stating that it is a reprieve that makes the Treasury go through “extraordinary measures” until a decision for the bill is made. However, opposers have argued by saying that reaching the government’s debt limit can lead to a government shutdown which can prevent the pay of government and law enforcement workers.
    This can be harmful to citizens, but if done enough times, the US’s politicians may finally start understanding how important debt is. Most American leaders are known to be rather greedy with their money and having them experience the negative consequences that normal everyday citizens do can show them the problem. If we increase the debt ceiling then they are likely to get more money and will lack a proper deadline to pay off their debt. This doesn’t teach any lessons; it furthers the problem.

    References
    14th amendment. Annenberg Classroom. (2019, June 10). Retrieved October 21, 2021, from https://www.annenbergclassroom.org/14th-amendment/.
    Q&A: Everything you should know about the debt ceiling. Committee for a Responsible Federal Budget. (2021, October 4). Retrieved October 21, 2021, from https://www.crfb.org/papers/qa-everything-you-should-know-about-debt-ceiling#_Hlk431978544.
    Robb, G. (2021, October 18). Yellen says debt-ceiling deal gives Treasury only ‘temporary reprieve’ through Dec. 3. MarketWatch. Retrieved October 21, 2021, from https://www.marketwatch.com/story/yellen-says-debt-ceiling-deal-gives-treasury-only-temporary-reprieve-through-dec-3-11634590992.
    Yellen, J. L. (2021, July 23). Debt Limit Letter to Congress. Washington D.C.; Department of the Treasury.

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    Considering the fact that the United States (US) is currently $28.8 trillion in arrears, our debt ceiling should stay in place but not increase. Since…

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  • Thor from Missouri

    I think that since the debt ceiling is just raised whenever it would go over the top, it isn’t doing much to quell government spending. I don’t think it’s hurting much per say, but it’s kind of a dead weight in the system

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    I think that since the debt ceiling is just raised whenever it would go over the top, it isn’t doing much to quell government spending. I don’t think …

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  • Derrick from Kentucky

    No – I believe that the debt ceiling should not be raised due to the effects it will bring which are not all good. One example of this is inflation which is not what we need at this current time. With Covid-19 being a factor prices are being raised on a multitude of things, one being gas. Raising the debt ceiling will also continue the problem of passing laws/bills that require money. These laws/bills that are needing to be passed that are of high importance are put to a halt until they receive that money to pass said law/bill.

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    No – I believe that the debt ceiling should not be raised due to the effects it will bring which are not all good. One example of this is inflation wh…

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  • Jayden from Kentucky

    No, the debt ceiling should not be raised. This is because this will just allow for a more rapid inflation. There also does not need to be a debt ceiling because there are several things that the government spends funds on that it does not need to. One example is public healthcare. This is because with the government getting involved in healthcare, the prices spike up on healthcare. With 100% privatized healthcare, we would see competition between healthcare providers lowering the costs of healthcare greatly making it more affordable for all. Another example is military spending. We spend the most on military spending in the world however we are not in any wars. This doesn’t mean we shouldn’t research and design state-of-the-art weaponry, it means we should get out of all places such as the middle east where we are in conflict. That is unnecessary spending going toward protecting a foreign country that wouldn’t offer us any benefits. We need to spend our money on America, not on other countries. We need to put Americans first.

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    No, the debt ceiling should not be raised. This is because this will just allow for a more rapid inflation. There also does not need to be a debt ceil…

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  • Noah from Kentucky

    While the debt ceiling, also known as debt limit, may seem to be an important tool for the US Government to potentially limit its spending on unwarranted or needless programs by creating an additional obstacle for a policymaker to hurdle, the ceiling is in fact an ineffective and unconstitutional aspect to the American economy. According to the US Department of Treasury, the “debt limit is the total amount of money that the US Government is authorized to borrow to meet its existing legal obligations.” Because the debt limit is so high in numerical value, the US Government has now become most in debt to themselves, among other foreign countries such as China and some European nations. The Bill of Rights Institute also highlights critics of the debt ceiling, who argue the documents violate the 14th Amendment and put the US at risk of paying a spending bill beyond the ceiling cap. Aside from its unconstitutionality and ineffectiveness, a debt ceiling is also another way for Congress to waste vital time and resources by often having to approve the Treasury to raise the limit. After all, the ceiling has been raised 78 times since 1960. (https://home.treasury.gov/policy-issues/financial-markets-financial-institutions-and-fiscal-service/debt-limit)

    A debt ceiling’s unconstitutionality, ineffectiveness, and waste of time all prove that the limit is not necessary in the American government. However, spending should be limited through proper annual budgets every fiscal year without the budgeted deficits. A marginal, federal consumption tax can also be implemented to gradually bring the American government out of debt. Sure, it would take a long time, but it would be baby steps in the right direction for the American people.

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    While the debt ceiling, also known as debt limit, may seem to be an important tool for the US Government to potentially limit its spending on unwarran…

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