1Perry
Banned
- Joined
- Jun 26, 2011
- Messages
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- Political Leaning
- Libertarian
The war cost aren't even 2trillion a year. You can end them today, and you'd still have a budget short fall. What I was addressing with my question is what will happen if the government defaults. Either debts won't be paid or government agencies will suddenly vanish.
Some need to. A report out today notes that there was $17 billion in unemployment fraud last year. Maybe we will actually have to address the massive fraud. There is fraud in every government program. Maybe will will have to quit paying prison psychiatrists 850K a year. Maybe we won't be able to bail out corrupt banks.
The list goes on and on. Even if we do not raise the limit, we can pay our debts to where we will not default on anything.