Why not keep the debt ceiling exactly where it is and cut 10% across the board from every agency, every bureaucracy, every department in government?
Raise the debt ceiling in return for cuts? I don't get it. Promise to cut, then march right on through the next 1.7 trillion? So, even with the cuts, we will need to raise the debt ceiling yet again once we reach 18 to 19 trillion?
How’z this cutting anything?
They could just freeze spending at last years levels and in 10 years we’d be talking about all the surplus dollars.
Because that means cutting approximately 10% or so from every SS check. Maybe that's what should be done, but you have to see if the public would stand for it in their long term best interest. Remember 80% of the budget is not discretionary--it's built into law; also, most of our expenditures are transfer payments.
Really? And you think Reid is somehow going to miraculously agree to 10% cuts?
This is not obvious.