Deals Fly as Debt Limit Looms
It’s Republicans versus Obama. It’s the House versus the Senate. It’s the good, old boys versus the grassroots. The debate on whether to raise America’s borrowing limit and the stipulations that would come with doing so are consuming Washington. It is the ONLY issue on the table, and it’s important for people to understand what’s going on. If you care about cutting spending and doing something about our growing budget deficits, this is the issue for you.
Ok, here’s what’s going on. America keeps spending and spending and spending. And guess what? The country doesn’t have enough money (and hasn’t for a long time) to pay it’s bills. Imagine one year when you go on a spending spree and break out the credit card in order to do so. Then, the next year, rather than focusing on paying off your credit card bill, you think, “Wow, I bought some really cool stuff! I want more!” And so you go back to the store, and buy and buy and buy, each time laying down your credit card that by now is getting worn on the edges.
And now… the rest of the story. …..
Harold
