Brace yourself. We’re in for another “debt ceiling” battle on Capitol Hill. But we don’t even really need a borrowing ceiling. There’s one built into the Constitution. It’s the enumerated powers. They would naturally limit borrowing and spending.
For Further Reading
10th Amendment: The Enumerated Powers of States
Michael Maharrey [send him email] is the Communications Director for the Tenth Amendment Center. He is from the original home of the Principles of '98 - Kentucky and currently resides in northern Florida. See his blog archive here and his article archive here.He is the author of the book, Our Last Hope: Rediscovering the Lost Path to Liberty., and Constitution Owner's Manual. You can visit his personal website at MichaelMaharrey.com and like him on Facebook HERE
Latest posts by Mike Maharrey (see all)