• everyone_said@lemmy.world
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    11 months ago

    Agreeing that a debt exists and agreeing to pay back a debt are two different things. The budget doesn’t argue whether the debt exists, just how and when it will be payed back. It is the difference between “Yes, I owe you $100, you’ll get it back someday.”, and “Yes, I owe you $100, and I’ve budgeted to pay you $20 a week for the next 5 week until we’re square.”

    The consitution guarantees the first part, but doesn’t help much with the second. However, without the second part everything grinds to a halt.

    • Garbanzo@lemmy.world
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      10 months ago

      It’s more like

      Yes, I owe you $100, and I’ve budgeted to pay you $20 a week for the next 5 week until we’re square, but I don’t like what you might do with that money so I’m closing up shop and going home, good luck with everything

      They can’t do that but Biden let them