Vote on Debt Limit increase?
What would you do as a member of Congress?
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Huge suprise but I'd vote as Obama did when he was in the Senate: NO
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There is no backbone. We will collapse.
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Maybe they should start by cutting all those flights on Air Force One and wasted congressional trips abroad..... |
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So that's "actually, you do". |
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So if you cut spending and stop borrowing you have a winner - so actually you don't. |
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I know if the government was an average family they'd take out credit cards on all the children and babies and let them worry about it while ma and dad partied with the neighbors. Our number one problem is the debt and now we NEED to increase it? :zz: |
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Not raising the debt ceiling - defaulting on our obligations - does nothing to change the amount of our debt - it only makes it far more expensive and harder to get in the future. It will hugely increase the cost of the debt we already owe. Yeah, that's smart? |
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And what what type of talk has negatively influenced that recent S & P announcement? Oh, yeah - politicos yammering on about doing something completely idiotic, not raising the debt ceiling. |
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Yes, we need to markedly trim our expenses (getting rid of two unfunded wars, and finding a way to fund the unfunded huge Medicare giveaway is a start, and letting the Bush tax cuts expire will help immensely), and increase our income (taxes) to help pay for both our expenses and our debt. That has nothing to do with the necessity to immediately raise the debt ceiling. |
Here is a good Ezra Klein (Wash Post) article excerpt - from January - on voting no to raising the debt ceiling, and links to Tim Geithner's letter.
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