Debt ceiling needs to be abolished: House Democrats

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

, one way or another, since 1960. That has allowed Congress to keep borrowing money to fund the government when it routinely spends more than it brings in through revenue.

"We cannot allow this to become regular operating procedure," Rep. Jamie Raskin of Maryland told Insider."You can't stick up the government of the United States and shake it down for your legislative program that otherwise you couldn't pass just because you think you can plunge the whole country into economic crisis.".

"There's a lot more support because clearly Republicans have shown that they cannot uphold their constitutional duty and just pass the debt ceiling to implement what Congress has already negotiated past and spent," she explained.with 315 votes out of the House's 435, including 165 from Democrats.

 

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