[Sopater]

Republicans are looking to "make" history while "becoming" history.

[EyeGuy]

“$2.4 Trillion Would Be Largest Debt-Limit Increase in U.S. History”

####

Why call it a “limit”, when the collectivists on both sides of the aisle, laugh at the very idea of fiscal responsibility.

[PieterCasparzen]

And undoubtedly the last, because no one will buy Treasuries after this - whether the debt ceiling is increased or not.

Our finances are now Greek.

[Nachum]

The list, ping

Let me know if you would like to be on or off the ping list

http://www.nachumlist.com/

[tcrlaf]

What a horrible deal, giving Obama 2012 election cover, in return for ALMOST NOTHING....

The pressure being exerted on Boehner by the mostly-gay DC media must be enormous. Too bad he isn’t listening to the rest of us OUTSIDE the beltway.

[EternalVigilance]

"No people in history have ever survived who thought they could protect their freedom by making themselves inoffensive to their enemies."

-- Dean Acheson

"Appeasers believe that if you keep on throwing steaks to a tiger, the tiger will become a vegetarian."

-- Heywood Broun

New tagline ...

[kidd]

$2.4 Trillion debt limit increase
Cuts to defense spending
Tax hikes are on the table for the next round of negotiations

What exactly is in this, that a republican would like?

[lodi90]

Nothing could make it more clear that we are lead by self centered cowards in the Republican party. They would much rather surrender to barry than fight to clearly show he had no plan except raise taxes and cut the standard of living of the middle class. Instead we get this tax increase commission and fairy tale cuts cluster. Boehner even wrapped it up in a nice 2012 campaign gift box for barry. What a disgrace.

[zeugma]

What does a trillion dollars look like?

[Codeflier]

Why not just generate a bill and make the debt ceiling the infinity sign, since there is no debt ceiling and it is all just a game of BS?

[CodeToad]

Tax & Spend. Thank God for the Tea Party because the Democrats and Republicans want to do nothing but Tax & Spend. As has ben said in many ways at many times during this sham of a “debate”, if it weren’t for the Tea Party members of Congress this would have been swept under the rug weeks ago.

[CodeToad]

This debt limit increase is only the beginning. I was looking at the actual bill and found the following increases enumerated in it. I also found the debt increase for this year, alone, can be $1.8 trillion. The following table shows the ADDITIONAL spending authorized in the bill for each year. It adds 5% more every year.

In $ Trillions	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021
Total	$1,936	$2,107	$2,319	$2,570	$2,668	$2,854	$2,899	$2,945	$2,992	$3,039
Social Security	$623	$751	$924	$1,123	$1,166	$1,309	$1,309	$1,309	$1,309	$1,309
Health and Human Services	$270	$299	$329	$361	$395	$414	$434	$454	$475	$496
Discretionary Spending	$1,043	$1,057	$1,066	$1,086	$1,107	$1,131	$1,156	$1,182	$1,208	$1,234

[expatguy]

Across Southeast Asia there is an ubiquitous feeling of repugnance that has replaced the overall malaise here as millions watched America's politicians in Washington sip champagne and celebrate the "victory" of adding another 2.4 trillion to the nation's debt. Many here are perplexed to say the least, asking the simple question - "What is there to celebrate?"

An American Expat in Southeast Asia