We have a setup that just encourages full debate and compromise at the end if you're going to govern. And that's what happened with this debt ceiling crisis. I must tell you, I think The debt ceiling is an artificial item. That's not in the Constitution. That was a bill that was enacted a couple of generations ago. And really it has only been a tool to try to extract concessions from whoever's in power. (05:29–05:34)
CLAIM
Asserts that the debt ceiling is not mentioned in the U.S. Constitution.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.