It only takes one Senator to filibusterer the debt limit bill to bring the economy down. I believe that in about 2 weeks we will see a bill from the House that raises the debt limit in the Senate, most probably with spending reduction attachments. The news media will surely see that the whole world is aware of the economic Domesday that awaits us if Congress does not act. Hopefully, they will move quickly, otherwise we may see wholesale dumping of US debt.Flopper shows an understanding few do.
I once again will say the budget was the chance to well, budget. This is an opportunity to grandstand and score a couple talking points but I hope the boys don't fool around too much.
Exactly. If Ryan and the dems can meet in the middle (Debt Commission) everyone wins. If they both fail to save the day, they will all most likely get replaced in 2012. We want fiscal sanity, not litmus-tests on ideology.