What would Congress do if:
Economic Sense Over Political Posturing
That's not really outside-the-box thinking. It is market-driven economics.
Your creditors set your loan limits. They do so based on assessment of risk. You determine whether it is a sound fiscal decision whether to spend more or less and whether you can tolerate more or less debt. If your determinations are irresponsible your credit rating suffers. That is the constraint on your behavior.
You have to make choices. Choices have consequences. Bad choices have unpleasant consequences. Good choices reward themselves. Why is the US one of the few industrialized nations in the world to develop a number by process of anal-extraction that then governs whether our defense or our welfare culture prevails in the pay queue?
Oh, it's about elections and voting and pandering, isn't it?
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