"Raising the debt ceiling is not additional spending. It is simply saying, you, the United States of America, can continue to borrow the money you need to pay the bills you have already rung up"
About this Quote
The intent is defensive clarity, but the subtext is sharper: stop pretending this is a moral debate about thrift. The spending has already happened, largely through laws Congress itself passed. The “bills you have already rung up” phrasing is deliberately domestic and faintly shaming, translating sovereign finance into the familiar logic of a credit card statement. It frames default not as ideological bravery, but as refusing to pay for last month’s groceries.
Context matters because the debt-ceiling fight is uniquely American theater: most countries argue about budgets; the U.S. also argues about whether to pay for the budget after the fact. Carney, speaking as a public servant and White House spokesman, isn’t trying to win an economic seminar. He’s trying to narrow the battlefield. If the ceiling is about paying debts already incurred, then using it as a bargaining chip starts to look less like “fiscal responsibility” and more like threatening to burn down your own house to prove you dislike the renovation.
Quote Details
| Topic | Money |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Carney, Jay. (2026, January 17). Raising the debt ceiling is not additional spending. It is simply saying, you, the United States of America, can continue to borrow the money you need to pay the bills you have already rung up. FixQuotes. https://fixquotes.com/quotes/raising-the-debt-ceiling-is-not-additional-56056/
Chicago Style
Carney, Jay. "Raising the debt ceiling is not additional spending. It is simply saying, you, the United States of America, can continue to borrow the money you need to pay the bills you have already rung up." FixQuotes. January 17, 2026. https://fixquotes.com/quotes/raising-the-debt-ceiling-is-not-additional-56056/.
MLA Style (9th ed.)
"Raising the debt ceiling is not additional spending. It is simply saying, you, the United States of America, can continue to borrow the money you need to pay the bills you have already rung up." FixQuotes, 17 Jan. 2026, https://fixquotes.com/quotes/raising-the-debt-ceiling-is-not-additional-56056/. Accessed 12 Feb. 2026.



