Pay-Go

In February 2010, right after the last time the debt ceiling was raised, President Obama signed into law Pay-Go. You know. Pay for what you spend as you go. Pay as you go.

If we have been paying as we've gone, why would we need to raise the debt ceiling again?

If this is true, why has no one asked? Too hard a question?

Or is this law just a silly nod with a wink?

'til later