its not a win if it allows them to raise the debt limit again. Why is it so difficult to see that when both parties are willing to raise the Govt Visa Cards credit limit that they intend to spend it again! Both parties are attempting to raise the debt limit. NOw does that seem like they intend to lower debt. And in other news the sheeple are still asleep.
They have to raise the debt ceiling. There isn’t a single proposal, by the democrats, the republicans, the tea party, or any credible conservative, that immediately cuts enough spending so that we don’t spend over the current debt limit.
We are ALREADY spending over the debt limit. Even if they could pass a budged that immediately cut spending back to revenue, we’d STILL have to raise the debt ceiling to cover the temporary measures. And as I said, NOBODY has a proposal on the table that would cut spending to existing revenue.
What we really need is a bill that includes a long-term budget that matches the new debt ceiling — a plan to ensure that we don’t hit that ceiling. And we need a debt ceiling that decreases over time, to force spending cuts over the long term to reduce our debt.