Suspending the debt limit until the end of December 2014 is not a bad plan?
Yes, when you couple it with the other things. Particularly the one year delay in Obamacare. It means that Treasury will have to report the actual debt, not pretend that it hasn’t increased over the past five months as they did this time.
Well if Cruz can come through and get Obama-care defunded while offering nothing to Dems in return then obviously GOP house would come up with a better deal, we dont need Obama-care delayed a year.
However the general sense of pessimism by even those here calling Senators demanding they vote NO suggests that a plan B might be needed.
Suspending the debt limit until the end of December 2014 is not a bad plan?
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Not increasing the debt, but suspending it so it can increase! That’s like saying I won’t spend anymore money on my credit card but will keep charging for another year. The government has gone stark raving mad. The inmates are running the asylum.
BTW the debt clock now stands at $16.953 trillion. And that’s just the nominal debt exclusive of unfunded liabilities. As a taxpayer, your share of those liabilities is $1.1 million. But who’s counting?