The Debt Ceiling is not the issue

There has been much reporting about the debt ceiling debate, political positioning, and alternatives.  However, the official debt ceiling is not the issue.  The “unofficial” debt is the issue.  Medicare, Medicaid, and Social Security unfunded liabilities require an additional $20 Trillion over the next decade as they are currently defined.  Raising the borrowing capability of… Continue reading The Debt Ceiling is not the issue