The most recent budget extension drama played out on Capitol Hill highlighted the continued controversy revolving around the debt ceiling.

If we as a nation are to solve our enormous debt and spending dilemma, we must first understand what the debt ceiling is — and is not.

The mainstream media and elected officials on both sides of the political aisle have often given the public a false impression of what the debt ceiling votes actually do.

Read more at Newsmax© 2025 Newsmax. All rights reserved.