[Terry Mross]

I hope someone will answer the following questions:

1) We’re now $14.2 trillion in debt. How much are they plan on raising it?

2) If they cut the debt by $500 billion wouldn’t that leave us $13.7 Trillion in debt?

3) If they raise $1 Trillion in “revenue” wouldn’t that leave us $12.7 Trillion in debt? So why would the debt limit need to be raised?

4) We supposedly will be out of cash on August 3rd. If the debt limit is raised is China standing there with a check already made out?

5) Couldn’t they charge whatever interest they want? It would be like going to a bank and getting approval for a loan before telling the bank how much you want to borrow and not asking the bank what the interest will be?

Do politicians not understand simple math? Or is it they KNOW most Americans can’t add 2+2?

[screaminsunshine]

The GOP thinks it is open season on their feet.

[houeto]

We’re now $14.2 trillion in debt.

The U.S. National debt stands, at this very minute, at $14,515,520,000,000. (and rising by the second)

[83Vet4Life]

They’re cutting $500B from the deficit not the debt.

To cut the debt by that much would mean having a surplus of $500B this year, good luck with that.