As the August 2 deadline for raising the debt ceiling grows near, several economists and organizations, let by Warren Buffett, are calling for an end of the debt ceiling entirely, arguing it is nothing more than an “artificial limit” that ends up wasting time in Congress.
Speaking of wasting time, the Republican-controlled House is set to pass a balanced budget amendment that has no shot of passing the Senate, and that Obama has already said he’d veto. What do our cartoonists think of all these shenanigans? Check out our Obama and the Debt Ceiling cartoon collection to find out.
