The Constitutional Debt Ceiling: Balancing Fiscal Discipline and Economic Imperatives | |
In the labyrinthine corridors of American governance, one provision stands out as a bastion of fiscal restraint: the Debt Ceiling. Etched into the fabric of the Constitution, this mechanism delineates the maximum threshold of government borrowing, compelling Congress to deliberate on the nation's financial trajectory. As the debt inches closer to this constitutional limit, the ensuing debates underscore the delicate balance between fiscal discipline and economic imperatives. | |
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