Will the GOP Destroy America's Credit Rating As Revenge On Biden? - Thom Hartmann

[SWBTATTReg]

3. And the Country's debt / credit gets played around w/, threatened, all of the time. Isn't it time

to not let politics play w/ this very important stat, that the Nation's debt limit (why is this a thing?, it should have never been allowed to be used in such a manner). After all, when my credit history etc. is reviewed etc., the banks etc. don't toss the figures around, force me to do other things to juice the credit / debt numbers.

The debt number is simply that, a debt number, an artificial number that both sides of the fence (repugs and democrats) negotiated so why is one side allowed to do this? After all, both sides do agree eventually to allow the spending that causes these numbers to go up or (rarely) down.

For those who want the worse for America and creditors (e.g., my savings bonds, other forms of investing in our government)...why should they be allowed to do this? Countless retirees, institutions, etc. rely on these instruments as a means of investments, T-bills, etc.