June 02, 2023

Insider: Several top House Democrats want to get rid of the debt ceiling and economic 'hostage taking'

“We should get rid of it,” Rep. Shri Thanedar of Michigan agreed. "United States and Denmark are the only two countries I believe have a debt ceiling," he said, noting Denmark's many safeguards that make a default nearly impossible and cheaper borrowing rates that make US debt easier to pay down.”


By:  Ethan Dodd
Source:

From the Insider