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It's official: U.S. hits debt ceiling
CNN ^
| CNN
Posted on 12/31/2012 3:53:16 PM PST by quesney
It's official: U.S. debt will reach its legal borrowing limit on Monday, giving Congress about two months before it must raise the debt ceiling or risk causing the government to default on its bills and financial obligations.
"I can confirm we will reach the statutory debt limit today, Dec. 31," a Treasury Department official said.
(Excerpt) Read more at money.cnn.com ...
TOPICS: Breaking News; Business/Economy; Government
KEYWORDS: debtceiling; debtlimit
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To: Jim Robinson
I'd cut the military IF AND ONLY IF the cuts were to bloat, pork, and the type of programs which promoted Major Whats-his-face from the Ft. Hood shooting.
In fact, I'd like to cut them *anyway*.
Also, private, unrelated FReepmail.
41
posted on
12/31/2012 7:45:26 PM PST
by
grey_whiskers
(The opinions are solely those of the author and are subject to change without notice.)
To: Gritty
Social Security is not an entitlement program. It is a Ponzi scheme where we might get part of what we are forced to pay into it.
42
posted on
12/31/2012 8:09:28 PM PST
by
RedMDer
(Those that believe in gun free zones should post gun free zone signs on their property and persons.)
To: quesney
Cut the funding to all of the freebies to people that do not contribute when they could.
43
posted on
12/31/2012 8:12:54 PM PST
by
RedMDer
(Those that believe in gun free zones should post gun free zone signs on their property and persons.)
To: Steven Tyler
44
posted on
12/31/2012 8:12:59 PM PST
by
Lucky9teen
(Peace is that brief glorious moment in history when everybody stands around reloading.~Thomas Jeffer)
To: Wisconsinlady
45
posted on
12/31/2012 8:14:04 PM PST
by
Lucky9teen
(Peace is that brief glorious moment in history when everybody stands around reloading.~Thomas Jeffer)
To: Lucky9teen
Don't forget the insider deals. Especially the one for John Robberts
46
posted on
12/31/2012 8:16:28 PM PST
by
combat_boots
(The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto!)
To: quesney
F THE CEILING
F THE CLIFF
HAPPY NEW YEAR TO U.S.
47
posted on
12/31/2012 9:35:35 PM PST
by
TomasUSMC
( FIGHT LIKE WW2, FINISH LIKE WW2. FIGHT LIKE NAM, FINISH LIKE NAM)
To: ltc8k6
I saved a woman from rape once by changing my mind. Same way he saved $1T.
48
posted on
01/01/2013 12:43:31 AM PST
by
Eleutheria5
(End the occupation. Annex today.)
To: quesney
Jimmuh Peanut sinned in his heart and Obammy saved in his head.
49
posted on
01/01/2013 9:46:32 AM PST
by
TurboZamboni
(Looting the future to bribe the present)
To: RedMDer
It is a Ponzi scheme where we might get part of what we are forced to pay into it. A Ponzi scheme is something you VOLUNTARILY enter into.
S.S. is extracted from you INVOLUNTARILY and with the penalty of prison if you don't hand it over.
Is this a great country or what? What's left of it that is.
50
posted on
01/01/2013 11:28:29 AM PST
by
unixfox
(Abolish Slavery, Repeal The 16th Amendment!)
To: unixfox
I stand corrected. Good point.
51
posted on
01/01/2013 11:37:18 AM PST
by
RedMDer
(Those that believe in gun free zones should post gun free zone signs on their property and persons.)
To: Yehuda
I printed up some simple biz cards that say “Ask Obama”. Aside from Salvation Army and few chosen local charities I drop this card in their envelopes and buckets. I also hand them to homeless on the intersection corners as I drive by.
Comment #53 Removed by Moderator
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