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To: highball
Playing games with the deft ceiling doesn't fix that either. It won't stop a single penny from being run up at the cash register, it'll only mean that we default on our credit card bills. Which will have a disastrous effect on our economy, not to mention waste millions of additional taxpayer dollars.

"it'll only mean that we default on our credit card bills." is how Obama justifies eliminating the debt ceiling entirely and allowing the President to spend without resorting to a vote from Congress. So what are the "credit card bills?"

I agree that we need to stop the spending. But the way we do that is... stop the spending. Not by making the United States a deadbeat.

Stop spending means nothing unless you identify what and where the cuts will be made. And exactly how will the US be a deadbeat? There is no way we should default on our debt servicing payments. Revenue is far in excess of the $221 billion in annual debt servicing costs. Obama and some RINOs use the word "default," but that is clearly not accurate. Using the lexicon of Obama and the Dems is disturbing to conservatives. It is meant to deceive and fool the uninformed.

196 posted on 02/13/2014 8:19:13 PM PST by kabar
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To: kabar

You may insult me all you like, but that won’t change the fact that you’re conflating our national debt with the budget deficit.

The place to have these fights is before the money is spent, not when the bill comes due.

You wouldn’t run your household finances this way, and we cannot allow our representatives to run the country this way.


201 posted on 02/14/2014 9:15:13 AM PST by highball ("I never should have switched from scotch to martinis." -- the last words of Humphrey Bogart)
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