"The debt ceiling was raised 17 times when Ronald Reagan was president, and as Alan Simpson – former Sen. Simpson said – that when push came to shove, Reagan agreed 11 times to packages that included revenue for the good of the country, for the good of compromise."
In particular, Democrats note that in 1983 Reagan sent a letter to Howard H. Baker (R-Tenn.), the Senate majority leader at the time, calling for his support in raising the debt ceiling.
"This letter is to ask for your help and support, and that of your colleagues, in the passage of an increase in the limit on the public debt," Reagan's letter to Baker began.
"Henceforth, the Treasury Department cannot guarantee that the Federal Government will have sufficient cash on any one day to meet all of its mandated expenses, and thus the United States could be forced to default on its obligations for the first time in its history," Reagan wrote.