Create yet another government entity which employes more well paid state employees. That lowers state spending.
Barrow the money to pay your existing expenses and the expenses of the new barrowing commission. Again a cut in spending.
When the notes come due raise taxes to pay off the principal and the interest. Again a reduction in spending.
Maybe I don't understand the meaning of cutting spending?
For some odd reason, I become more optimistic for the future every day the DemRats delay making Real Cuts in spending.
Even liebral families and heads of households will tire of the games that demRats play to save a few votes here and there.
Who truly wants to go Bankrupt? No one, obviously, but who is truly working towards preventing it?
The Republicans have made proposals and offered to work with the demRats, but the demRats just don;t want to cut the fat and largesse they invested in with other people's money over the last 4 years.
Power to govern is an aphrodisiac few can resist and fewer can pull off doing it well without abusing the system to the point where it is beyond repair.
We are already insolvent, technically. The clock is running.