Default is not an option!!!!
The Debt Ceiling has been raised over 78 times by Congress.
It has been raised 49 times under Republican presidents and
29 times by Democratic presidents.
It has never been allowed to reach CRISIS LEVELS. This looks
very bad for Americas especially when there is no choice but
to raise the ceiling. Please put the politics aside in the
best interest of the American people. Isn't that what good
politics should be about.
Here is a breakdown of that number of times each President
raised the debt ceiling:
George W. Bush (R) 7 times
Bill Clinton (D) 4
George Bush Sr.(R) 5
Ronald Reagan (R) 17
Jimmy Carter (D) 6
Gerald R. Ford (R) 6
Richard Nixon (R) 7
Lyndon Johnson (D) 7
JFK (D) 5
Eisenhower (R) 4