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Peter Welch: “The debt ceiling is about paying bills that we've already…”

Featuring: Peter Welch, Democratic | U.S. Senate, Vermont

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Peter Welch discusses his second week on the job in Senate

Published | Video Starts at 01:29

Well, is the debt ceiling most concerning to you going, there's so much that could go wrong? Well, The debt ceiling is about paying bills that we've already incurred. It's not about authorizing new spending. and you have to pay your bills. It would be like a family getting a mortgage, buying a house, and then deciding they didn't feel like making the payment. (01:29–01:35)

CLAIM

Asserts that the debt ceiling concerns existing bills, not new spending.

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