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To: Oldeconomybuyer
The "debt limit" seems to mean little or nothing.

It always gets raised. Perhaps there is some number of favors traded between Congressmen to make that happen. There is nothing else about it that really helps the rest of us at all.

2 posted on 01/13/2023 11:02:54 AM PST by flamberge (Caveat Emptor)
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To: flamberge
“It always gets raised.”

True.

But only after several days of Democrats and their media placing the blame for a fictitious “government shutdown” exclusively on the shoulders of a cowering and apologetic GOP.

13 posted on 01/13/2023 11:10:32 AM PST by daler
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To: flamberge

Every Republican who votes to raise the debt limit should be primaried. The solution is to SLASH SPENDING on all social programs.


24 posted on 01/13/2023 11:28:51 AM PST by GodAndCountryFirst
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To: flamberge

“The “debt limit” seems to mean little or nothing.”

It is simply an announcement that the govt is going to keep paying on its loans on the spending it has Already Approved. If congress didn’t raise the ceiling, the entire world economy would come to a screeching halt.

Think about what happens when podunk Third World countries announce they can’t pay their debts.


28 posted on 01/13/2023 11:41:15 AM PST by SaxxonWoods (The only way to secure your own future is to create it yourself.)
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