{"entry":{"title":"Don't Scrap the Debt Ceiling, Just Tweak It","date":"Wed, 09 Jan 2013 23:00:00 -0600","author":"Caroline Baum, Bloomberg","description":"
Lots of people want to get rid of the debt ceiling, the federal government's <\/span>statutory borrowing limit<\/a>. When one considers that it enables the Treasury to borrow money Congress has already spent, it seems like a silly relic.<\/span><\/p>","original_link":"http:\/\/www.bloomberg.com\/news\/2013-01-09\/only-thing-wrong-with-the-debt-ceiling-is-the-lag.html"}}