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Transcripts for MSNBC The Rachel Maddow Show 20210922 04:05:00

it doesn t even stop us from spending endlessly and rapaciously on years long epic. or it doesn t constrain u.s. government spending in any meaningful way at all. it just gives congress this embarrassing awkward procedural thing that they have to do every so often because if they don t, the most important catcher in the world, the economy will default on instead. will boeing ourselves into a fiery other than the fact that nobody thought the turn. off this stupid thing that we turned on in 1917, because we needed to placate people who felt bad that would change their minds about entering that war. and over the 100 conscious that we have been saddled with this thing, it has loomed smaller or larger depending on the decade, depending on circumstances. but it s roughly 1916, congress had to vote to raise the stupid that ceiling, dozens of times. nearly 100 times. under presidents of both parties. and again it s a work that you

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