Eliot Spitzer

The Republican argument that raising the debt ceiling encourages additional future spending is logically irresponsible. The debt ceiling has to be raised to authorize spending already approved by Congress. Despite that fallacy, the GOP has been able to score political points with its argument.

In 2001-2002, I told the president that the election was supposed to take place when the war was over, at a time when we could return to peaceful life. We agreed upon that. However, I can see now that the election cannot be delayed any longer.