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To: ClearCase_guy

The debt ceiling will have to be raised just to operate the government. The entitlement programs and the debt servicing costs consume all of the collected tax revenue. Everything else is funded by borrowing including Defense. 43 cents of every federal dollar spent is borrowed.


9 posted on 11/04/2010 10:55:55 AM PDT by kabar
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To: kabar
The debt ceiling will have to be raised just to operate the government.

I cannot tell you how much I don't care.

Kill it. Kill it. We cannot get out of debt by increasing the size of our debt. We are going in the wrong direction, and we cannot reverse course by reducing the speed at which we go in the wrong direction.

I want cuts. I want reduction in debt. I will not support politicians who disagree.

14 posted on 11/04/2010 11:07:22 AM PDT by ClearCase_guy
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