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Real cuts would eliminate the need to raise the debt ceiling.
1 posted on 05/29/2011 4:46:36 PM PDT by tobyhill
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To: tobyhill

Like


2 posted on 05/29/2011 4:47:02 PM PDT by ilgipper
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To: tobyhill

Amen.


3 posted on 05/29/2011 4:50:51 PM PDT by Rapscallion (Obama is a foreigner. He must be impeached.)
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To: tobyhill

There should be NO conditions for raising the ceiling. Any deal for “cuts” will be a sham and worthless. The ceiling should not be raised. Let that action be the cuts. That still is not nearly sufficient. The amount of borrowing should be actually decreased progressively- the ceiling should be lowered every year.


4 posted on 05/29/2011 4:52:11 PM PDT by arthurus (Read Hazlitt's "Economics In One Lesson.")
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To: tobyhill

Exactly right. They absolutely must hold the line on this, and insist on sufficient cuts so that no raise in the ceiling is necessary.

And then the only action on the Debt Ceiling from now on should be to lower it.


5 posted on 05/29/2011 4:54:37 PM PDT by Bean Counter (Your what hurts??)
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To: tobyhill

My prediction is the GOP will vote to raise the debt ceiling, settling on couple of hundred billion in cuts and the raising of taxes in multiple forms.


6 posted on 05/29/2011 5:04:58 PM PDT by servantboy777
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To: tobyhill

GOP will cave.


7 posted on 05/29/2011 5:23:42 PM PDT by MinorityRepublican
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To: tobyhill

What does the cry baby have to say?


8 posted on 05/29/2011 5:25:38 PM PDT by Venturer
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To: tobyhill

Cut the debt ceiling. Make them grovel.


10 posted on 05/29/2011 5:50:57 PM PDT by Brilliant
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To: tobyhill

There are no “big cuts”—not even nearly sufficient cuts. They’re politicians, playing to all who receive incomes from the government, directly and indirectly (services, contractors, anti-competition legislation in the guise of environmentalism, etc.).

Regardless of which socialists are in office, the default will continue to its conclusion.


12 posted on 05/29/2011 6:08:21 PM PDT by familyop ("I'm going to cut open his head and eat his brain." --Deacon, "Waterworld")
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To: tobyhill
The U.S. has until Aug. 2 to raise the $14.3 trillion debt ceiling, according to Treasury Secretary Timothy F. Geithner. Failing to act would invite "catastrophic'' consequences, Geithner has said: Military service members would not get paid, retirement investments would drop in value, and people would face higher payments on mortgages and car loans.

The Democrats have refused to propose a budget because they have a good thing going. They do not need a budget. Just raise the debt ceiling, raise taxes, continue to borrow money (to give away), and just print money. What a deal!

Then blame the Republicans when it all comes crashing down as it has 100% of the time.

The sheer irresponsibility and the gall of the socialist/Marxist Democrats is amazing; just lie and continue to spend and blame Republicans!

13 posted on 05/29/2011 6:18:20 PM PDT by olezip
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To: tobyhill

Political Opera. Does not matter what they collectively -D or R or I or xyz - do. We, our children, grandchildren and great grandchildren are and have all been screwed. Do the math and factor in how many of our elected officials really give a damn and/or have ethics and principals. All the rest is smoke and mirrors and indirect vote buying to stay in office and milk it for all its worth and as long as possible.

How is it possible that congress and its staff always has a significantly higher personal investment rate of return than the rest of the nations best investors? “We” have sent people to jail for just that alone.


14 posted on 05/29/2011 6:43:41 PM PDT by Bobibutu
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To: tobyhill
Real cuts would eliminate the need to raise the debt ceiling.

That statement is so simple yet says everything. It might even be possible for the GOP public relations machine to effectively grasp and convey it to the voting populace. Notice I said 'might'. The GOP is tremendously pathetic in seizing upon current events, much less getting their message out.
16 posted on 05/29/2011 6:48:29 PM PDT by LostInBayport (When there are more people riding in the cart than there are pulling it, the cart stops moving...)
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