Luddly Neddite
Diamond Member
- Sep 14, 2011
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Yeah............we COULD do those things if Congress would ever get their shit together.
However..................doing those things THIS YEAR would have no effect on the debt ceiling coming up in March. If it was to have any actual effect, it would have to have been done about 4 years ago.
You know, all those exact same things were said last time; if only those great cuts had been made before, but now we have to pay the bills that we have already incurred....That lead to a deal where the debt limit was raised by $2.4 Trillion, and included $917 billion in "cuts". Less than 18 months ago, we added $2.4 trillion to the debt ceiling, and we have already spent it and are back for more. The sequester was the arrangement that was made in that compromise; look where we've gotten with that. Washington doesn't even want to live up to the $1.2 trillion already agreed. I think it's reasonable for the conservatives to use whatever is at their disposal to try to reduce spending, and the debt ceiling and sequester are the only chips they have. As for the ratings agencies, you don't think they're going to downgrade us if we add another $4 trillion in debt over the next 4 years?
We'll be lucky to only have an additional 4 trillion in 4 years, I look for closer to 7 trillion. Maobama will not be satisified with any level of spending, he will push for more regardless.
Another rw who hasn't been paying attention.