I generally agree with the column by Karl W. Smith regarding our national debt (“Can U.S. avoid dreaded ‘debt bomb’?,” The Columbian, March 2).
However, his statement, “Congress would undoubtedly take the steps necessary to prevent a default,” is suspect.
It’s true, all you have to do to raise a debt ceiling is raise your hand in the affirmative. However, at some point in time, it won’t be possible to pay our obligations since Congress refuses to take the steps necessary to pay down or eliminate our debt. It won’t even consider it.
Remember the Balanced Budget Amendment, the Contract With America and the Gramm-Rudman Act? All acts or promises of Congress to reduce spending that were ignored.