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Jeffrey Miron's avatar

interesting. I think politicians have too much fun vilifying the other side over the ceiling to ever consider repealing it!

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Jeffrey Miron's avatar

Hi John. Thanks for your interest. This article implies that repeal could be filibustered:

https://www.vox.com/2021/12/8/22820451/debt-ceiling-filibuster

But it also implies that the Senate could vote to eliminate a filibuster simply for one vote: to repeal a filibuster!

Which illustrates well that the filibuster rules are attempts to “tie one’s own hands,” which ain’t easy!

All the best,

jeff

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John Rose's avatar

I wonder why the Senate candidates from my great state of California don’t threaten to block raising the debt ceiling unless a companion bill to permanently eliminate the debt ceiling is attached. Seems like it would be a justified use for holding the economy hostage.

Biden dismissed calls for abolishing debt limit in 2022. A disappointing absence of leadership.

https://rollcall.com/2022/10/21/biden-dismisses-calls-for-abolishing-debt-limit/

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John Rose's avatar

I agree that the debt ceiling should be repealed. Is this a bill that can pass the Senate with a simple majority or does it have to overcome a filibuster?

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