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One way out the debt ceiling showdown: getting rid of the debt ceiling altogether. A group of House Democrats is introducing legislation Wednesday that would repeal the federal debt limit.
No spending limit!
No minimum monthly payments!
Reps. Jan Schakowsky (D-Ill.), Jerrold Nadler (D-N.Y.), Hank Johnson (D-Ga.), Jim Moran (D-Va.), Keith Ellison (D-Minn.) and Peter Welch (D-Vt.) are behind the effort.
And, hey, if this MENSA chapter president thinks it’s a good idea…