Op-Ed: Time for Congress to let the market set the national debt level (CNBC)
August 30, 2017
In exactly a week Congress will be back in session, and raising the debt ceiling is high on the priority list. While Senate Majority Leader Mitch McConnell and the GOP leadership in the House have indicated that a clean raising of the ceiling is a foregone conclusion, some on the right, including the president, beg to differ.
As the Sept. 29 deadline nears, some analysts believe the odds are quite high of a government shutdown as a result of a failure to raise the limit and pass a spending bill.