Disingenuously, "The Fiscal Responsibility Act of 2023 suspended the debt ceiling through January 1, 2025, at which point the debt ceiling will be reinstated '''''at the amount of debt outstanding on that date''''' ...." <ref>https://www.americanactionforum.org/insight/the-debt-ceiling-a-refresher/</ref> This way congressmen avoided approving a $5 trillion increase in the debt in merely 18 months. | Disingenuously, "The Fiscal Responsibility Act of 2023 suspended the debt ceiling through January 1, 2025, at which point the debt ceiling will be reinstated '''''at the amount of debt outstanding on that date''''' ...." <ref>https://www.americanactionforum.org/insight/the-debt-ceiling-a-refresher/</ref> This way congressmen avoided approving a $5 trillion increase in the debt in merely 18 months. |