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Raising The Debt Limit

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Howey
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« Reply #15 on: July 14, 2011, 06:54:52 pm »


wow...

the first paragraph is telling of YOUR beliefs...what you would imagine to be the perfect answer for the action...could be right...but..

provide evidence of the accusation and request that evidence be entered in, formally and published post haste !

lilBoh:

This country has historically raised the debt ceiling nearly every year for 70 something years. During both Republican and Democratic administrations.

Until this year it has always been an affirmative bipartisan vote with minimal dissent. Never has increasing the debt limit been tied to a proposed budget or anything else.

Why? Because it's dealing with money we've ALREADY SPENT. Most of which was spent by the Bush administration, btw.

If the country doesn't pay for what it has already purchased, our credit rating will go to hell in a handbasket and, as has been warned be EVERYONE IN THE FINANCIAL COMMUNITY.

The answer is obvious. Stop the childish posturing, raise the debt limit, and get to work on a new, leaner budget with both spending cuts and revenue gains.
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