Herman Cain: Don’t Raise Debt Ceiling

Presidential hopeful Herman Cain insists the debt ceiling can be held where it is and all the hand-wringing over the issue “is a charade,” Politico says.

“They can hold the debt ceiling where it is,” Cain said on “Fox News Sunday.” “The problem is it’s all political posturing. They do not need to raise the debt ceiling."

Cain claimed that if the $14.3 trillion debt ceiling isn’t raised, the Obama administration could make priorities to pay down interest on the debt, pay military families, and issue Social Security checks.

Cain also said he's a better choice than Rep. Michele Bachmann to be president because he's more qualified.

"The choice is real simple," he said. "My entire career has been problem-solving, not politics."