On the recordJune 5, 2023
the ultimate solution to this is just to get rid of the debt limit. This is a ridiculous rule that we make up for ourselves.
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congress.govthe ultimate solution to this is just to get rid of the debt limit. This is a ridiculous rule that we make up for ourselves.
Foster advocates for eliminating the debt limit to prevent financial crises.
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If we need an example of why oversight of nonbank financial firms is essential, we can look at China today.
I think the single-most useful thing that we in Congress could do is to establish a federally-recognized standard for presenting illegally-traceable identity.