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To: mnehring
>>>This isn't necessary. If we lock spending back at 2008 levels and return unspent TARP funds back into the treasury, we wouldn't need to raise it.

No, you would still need to raise it. Even with thise cuts, the budget would be operating at a deficit (recall that thebudget was in deficit in 2008) and would require a raising of the debt ceiling.
24 posted on 11/22/2010 1:30:25 PM PST by NC28203
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To: NC28203
No, you would still need to raise it.

No we don't.

The elites would see that as a mandate to let them get into more debt.

Instead fight for cutting the bloated government so the debt ceiling does NOT have to be raised.

48 posted on 11/22/2010 4:10:45 PM PST by Syncro (Sarah Palin, the unofficial Tea Party candidate for president--Virtual Jerusalem)
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