Sen. Coburn denies default risk: ‘There’s no such thing as a debt ceiling’


By David Edwards
Monday, October 7, 2013

Sen. Tom Coburn (R-OK), who has called himself a “global warming denier,” on Monday said that there was also “no such thing as a debt ceiling.”

The Oklahoma Republican told CBS host Norah O’Donnell that Congress would eventually pass a continuing resolution (CR) to fund the government and end the current shutdown due to pressure from the public.

“The debt ceiling and the CR are the same thing,” he explained. “There is no such thing as a debt ceiling in this country because it’s never been not increased. And that’s why we’re $17 trillion in debt.”

See more at: http://www.rawstory.com/rs/2013/10/07/sen-coburn-denies-default-risk-theres-no-such-thing-as-a-debt-ceiling/#sthash.4i1iCU3n.dpuf

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