Treasury Secretary Jenny Ellen says it's time to get rid of the debt ceiling once and for all.

And Joe Manchin continues to crush progressive dreams.

I'm Ben Shapiro. This is The Ben Shapiro Show.

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Join them at ExpressVPN.com slash Ben. Before we get to the news, here is your note for the day. You're paying

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to bring up the bipartisan infrastructure bill for a vote. They did not because they could not get

the progressives on board. And they couldn't get the progressives on board because they couldn't get

the Senate moderates on board for their $3.5 trillion boondoggle. Meanwhile, speeding down the tracks

is the debt ceiling. So the debt ceiling is supposed to be hit in approximately the next couple of weeks. Democrats are trying to get Republicans to sign on to a debt ceiling increase. Republicans are saying we are not going to allow you to take out a second credit card knowing that you're about to blow out the spending. And so why would we allow you to do that? We need a sort of restructuring deal here. We need to make sure that we get some sort of spending concessions from you at this point, which has led the Biden administration to make the argument that we should get rid of the debt ceiling once and for all. So to understand why the debt ceiling is kind of important, you have to understand the history of how spending has been done in the United States historically. So if you go all the way back to the founding for basically the first 130 years of the existence of the United States, anytime Congress wanted to authorize the government

to take out debt, they had to pass a specific bill that authorized exactly how that debt was to be

taken out, which seems like a pretty good idea, right? It puts the responsibility where the responsibility

ought to be with the legislature. Congress would actually

have to authorize a loan or they'd have to allow Treasury to issue bonds, for example, but it would

be up to Congress. Congress would actually have to authorize the executive branch to do this, which

makes sense. They're the legislative branch. The executive branch is the executive branch. And then,

in about 1917, Congress decided they were going to abdicate responsibility

on this thing by creating the debt ceiling. The debt ceiling, the idea was that they would just

tell the executive branch how much debt they were authorized to take out. Right. Now, attached to a war,

...