Quote:
Originally Posted by SOREHOOF
Every time we get close to the debt ceiling Obama tells us he can't guarantee the S.S. checks will go out. Doesn't sound like it's solvent for the next 30 years or so to me. Unless he's lying. Any deal cut will be worse than the cliff. We can't tax our way out of this fiscal mess. If Govt. spending drove the economy we would be living in a boom time right now.
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It's worse than that, as they will increase spending as they always do, well in excess of any increased tax revenue, again, as they always do.