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Re: Republicans Urge Obama Administration to Draft Plan B on Debt Ceiling 'Just in Ca
everyone agrees the debt ceiling will be raised - the question becomes when it get's raised and what pain we go through until it does (if it comes to that).
that's what this is a question of - timing.
good. you don't help an alcoholic by making it easy to get booze.
normally I would agree - but here it seems to be serving as a most interesting break on the very same bad behavior that it describes.
not raising the debt ceiling only means a de facto instant balanced budget amendment. get ready to cut off great massive hunks of the federal government, boys :mrgreen:
personally I'm hoping they start with defunding agricultural subsidies that drive up the price of food.
This is bull****. I truly can't believe the Republicans are even THINKING about not raising the debt ceiling.
everyone agrees the debt ceiling will be raised - the question becomes when it get's raised and what pain we go through until it does (if it comes to that).
that's what this is a question of - timing.
Even if they reach a deal, it creates more uncertainty for the NEXT time the debt ceiling needs to be raised.
good. you don't help an alcoholic by making it easy to get booze.
It makes a default on our sovereign debt, which Ronald Reagan described as unthinkable, thinkable. We should get rid of the debt ceiling altogether. It is among the stupidest constructs of our legislature to date, and that's really saying a lot. No other country (that I'm aware of) takes on debt, and then calls a vote every year or so to decide whether or not to pay its debt.
normally I would agree - but here it seems to be serving as a most interesting break on the very same bad behavior that it describes.
not raising the debt ceiling only means a de facto instant balanced budget amendment. get ready to cut off great massive hunks of the federal government, boys :mrgreen:
personally I'm hoping they start with defunding agricultural subsidies that drive up the price of food.