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AS ANDREA MITCHELL ASKED,WHY A DEBT CEILING?

July 24, 2011

I heard a great question just before 10:00 am 7/24 after almost an hour about “Debt Ceiling  Crisis”
Please no politics,just a straight answer if you can.
Andrea Mitchell asked David Gregory, “The US is the only country that HAS A DEBT CEILING,
Why have one?”
I believe we have one only because it is a “red herring” used to cover up the fact that BOTH parties by legislation have Overspent and the thruth is that as by law “congress is to appropriate”
spending.
Why not eliminate the debt ceiling  and go back to the law of the land.CONGRESS MUST FUND!! ERGO;the voters have the right to limit spending?

Thank You Andrea
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