May 2nd, 2023 by WCBC Radio
US Democratic Senator Chris Van Hollen says it is time to get rid of the national debt limit set by Congress. Van Hollen along with Brian Shatz of Hawaii have introduced a bill to abolish the limit. Senator Van Hollen explained what can happen if the United States doesn’t pay its bills on time.
Last fall, President Biden rejected a push from congressional Democrats to get rid of the statutory debt ceiling, calling the idea "irresponsible."