The House has hinted at this only if there a significant short term spending cuts. The object is to reduce borrowing to about 18% of GDP. I think there should have been more context to his statement since nothing can come out of the Senate it must originate in the House.
Yeah, short-term. Right Washington Bureaucrat.
Maybe we could rearrange our payments a bit. Say first checks out the door go to the interest accruing on the debt. Them maybe a payment on the debt.
Then maybe the Washington elitists need to cut off some of their buddies from the US Treasury ... foreign and domestic.
Maybe cut your own salaries down to something closer to what your actually worth. To be sure that would be less than minimum wage to be sure. Cause right now the federal legislature and executive is a big drag on the budget.