That is the safeguard against deficits. We cannot just incur a deficit because we have to raise the debt limit. We cannot raise the debt limit without a three-fifths majority. Thereby we are bound to do something about the deficit. So we will be forced, as the Senator from Illinois was saying--here is the enforcement. Here is the teeth right within the constitutional amendment. Section 2 requires us to have a vote on debt limit increase, and when we get to zero we will have the debt limit and we should not have to change it ever. That is the enforcement mechanism. That makes us come here and do something about it to comply with section 1 of the constitutional amendment.
Rick Santorum: “That is the safeguard against deficits. We cannot just incur a deficit because we have to raise the debt limit. We…”
Editor's note · Context
Discussing the constitutional amendment related to the debt limit and deficits.
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