Quote:
Originally Posted by GregE
Why not, for the time being, raise the debt ceiling just enough to stay current on the debt and maintain all other spending at current levels.
And not one penny more.
Were the government to do so, they would effectively tie their own hands thereby preventing them from doing any spending increases.
Far from a perfect solution, but better than destroying what's left of the economy by defaulting.
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Agreed. IF they would not spend the money. But they will blow every penny of it and keep on spending more than they are bringing in.
I THINK that is what the Republicans are trying to do here. Call the bluff and push it to the limit to try and get spending reduced right before they end up voting "yes".
Of course it's all just a ploy to get votes in the next election because they know that the majority of people in this country are horrified by all this "deficit spending" bullshit.
Republicans or Democrats. In the end, ALL they care about is THEIR money and THEIR power.
I'm hoping that this so-called "Party Of No" wins this battle. Just like I had hoped that when it was the Dems who were the "Party Of No" during the Bush years that they would win.
The best we can hope for is that some of them will do the right thing for the wrong reasons (scared to lose their senate or house seat in the next election).