Rep. Clyburn: Debt Limit Is ‘Archaic’ and ‘We Need To Get Rid of’ It

EXCERPT:

CLYBURN: “Well, that’s the way I feel about a lot of things. I feel that way about the debt limit. I’ve been advocating ever since I’ve been in the Congress that I think the debt limit is a [inaudible] thing. I believe we might be the only country left that's got that. We need to get rid of that. And we also need to get rid of the filibuster, especially on constitutional issues. So, I do believe that 50 percent plus 1 ought to carry the day with the debt limit as well as with people’s civil and constitutional rights. We have some archaic rules that we need to just get rid of. This debt limit business is archaic and needs to be thrown to the trash pile.”