Ladies and gentlemen, boys and girls, get ready to witness one of the greatest acts ever seen in Congress – the suspension of the federal debt ceiling for TWO WHOLE YEARS! That’s right folks, our lawmakers have finally come to their senses and decided they don’t like living on the edge anymore. So let’s give them a round of applause for this historical decision made in a 314-117 vote!
Now, some of you may be wondering what exactly this means. Well buckle up because we’re about to dive deep into government finance! The debt ceiling is essentially a limit on how much money the U.S. can borrow from other countries and banks. It’s like having an allowance as a kid, except instead of your parents controlling your spending habits, it’s Uncle Sam.
And let me tell you folks, Uncle Sam has been living large these past few years. We’ve had some major expenses such as wars overseas and healthcare reforms at home that haven’t exactly been cheap. But don’t worry about it because now we get to borrow EVEN MORE MONEY without any pesky limitations getting in our way!
In fact, not only did Congress suspend the debt ceiling for two years but they did so just days before we were projected to exhaust our borrowing power! Talk about cutting it close guys! But hey who needs planning ahead when you can just live life spontaneously?
Now I know what some of you naysayers might be thinking – “But won’t all this extra borrowing lead to more debt?” Pshh please that kind of talk is SO last year. We here in America believe that when life gives us lemons (or mountains upon mountains of unpaid loans) we should just make lemonade (aka ignore our problems until they become catastrophic).
Plus think about all those amazing things we can spend money on with no restrictions and absolutely no guilt attached! New roads? Sure thing why not! Faster internet speeds? Absolutely! Private jets for all members of Congress? Hey, if they want to live like rock stars then who are we to judge?
And don’t even get me started on the positive effects this decision will have on our economy. Imagine all the new jobs that could be created with the federal government throwing around money like it’s confetti at a parade (except instead of just one day it’s every single day for two years straight!). We’re talking about economic growth like you wouldn’t believe!
But wait there’s more folks! As an added bonus, suspending the debt ceiling will help us avoid another government shutdown. Because who needs functioning public services am I right?! In fact let’s just make sure that anytime we can’t agree on something politically we just shut down everything and call it a day.
Now I know some of you may be thinking “I’m pretty sure ignoring financial responsibility is not a sustainable solution.” But come on guys, where is your sense of adventure? This is America after all – land of the free, home of unmanageable debt.
So let us rejoice in this momentous occasion – where our lawmakers came together and approved something that will most likely bite us in the rear end eventually but hey why think about those types of consequences when we can just live life to its fullest?!
In conclusion friends, never underestimate Congress’ ability to push budgetary issues under the rug in favor of short term solutions. And remember kids – always spend beyond your means because apparently that’s what true patriots do nowadays.
