Don’t raise the ceiling without a plan

Published



Senate Majority Leader John Thune (R-SD) has acknowledged a lame-duck increase through the end of President Donald Trump’s term as a possibility “multiple times since July,” Politico reported on Oct. 13. Republicans are also eyeing defense money, and a reconciliation package shelved before the midterms carried about $100 billion for defense and farm aid, Roll Call reported.

In September, I wrote that a continuing resolution buys time, not a plan. A higher ceiling buys more time. Congress shouldn’t raise the debt limit this winter without a recorded vote on a plan to pay for what the borrowing buys.

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