What good is it to raise the debt ceiling if you don’t address why you have debt, Senator Lindsey Graham asked on CNBC’s “Squawk on the Street” on Tuesday.
“It's better for the country to have a political fight over how to resolve our debt than it is to raise the debt ceiling without addressing what got us into debt,” the Republican for South Carolina said.
Graham added that the potential chaos surrounding a debt ceiling debate is of secondary concern when the U.S. has $16 trillion in debt. “I’m not going to vote to raise the debt ceiling until we get an agreement on entitlement reform, tax code reform, and some handle on the discretionary spending that will be see positively by those who look to America for leadership,” Graham said.