Column: Debt ceiling has traits of budget
By Ross Abbott | Feb. 16, 2014We as a nation have spent decades taking out loans to pay for things which we cannot afford. “Spending money we don’t have” seems to be perhaps the most bipartisan issue in all of politics: our total debt had been falling since it spiked to pay for World War II, but President Ronald Reagan was the first president to leave office with the country in more debt than when he started since Roosevelt.