a wsj view on the debt crisis, etc
http://online.wsj.com/article/SB1000...p_mostpop_read
and i found this link, as i had read the piece in the paper here...
http://www.shreveporttimes.com/artic...imate-speeches
i went to factcheck, and did find this from obama's april budget speech:
http://factcheck.org/2011/04/factche...budget-speech/
and all that is all well and good...but i can't help but wonder why the govt let the debt ceiling get so close before doing anything. why didn't they let the tax cuts expire rather then extend them? how much would that have helped? why is the military budget larger than a year ago? why didn't obama and his party take more steps when they had the majorities in congress and held the executive? it's been left til now so that they would have to rush, just jack it up, and worry about all the reform later.
the ceiling will be raised. the question is what else will occur? i'm figuring not a lot.