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To: spokeshave; bill1952

Not exactly.

The devil is in the details of the cuts. If the cuts started immediately and sufficiently reduced spending so that we didn’t have to borrow 40 cents out of every dollar we spend, but instead we need to borrow zero cents out of every dollar we spend, it would be true that if you cut, you don’t have to raise the debt ceiling.

But that isn’t even what people are talking about when they say cuts. They don’t mean, cut 40 cents of spending out of every spent dollar, immediately.

So, the two things don’t line up exactly, and there is still the problem of bumping up against the debt ceiling and exceeding the limit.


142 posted on 07/14/2011 8:10:04 AM PDT by txrangerette ("...HOLD TO THE TRUTH; SPEAK WITHOUT FEAR." - Glenn Beck)
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To: txrangerette; spokeshave

>he devil is in the details of the cuts. If the cuts started immediately and sufficiently

Oh PLEASE. this is EXACTLY what I meant by “cuts.”

There are no “details” to cuts.
When you tell your teenage daughter to cut her phone usage or pay for it, you don’t want to hear a bunch of childlike nonsense about what the definition of a “cut” is.

Enuff freakin said.


151 posted on 07/14/2011 7:20:25 PM PDT by bill1952 (Choice is an illusion created between those with power - and those without)
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