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Originally posted by proob4
Mods please DELETE this thread. I was misinformed. Thanks
Originally posted by danneu89
So what I've learned from politics is that as long as you keep raising the ceiling, you never have to pay it back and everybody gets free money. That sounds pretty damn good. Keep raising it!!!
Originally posted by danneu89
So what I've learned from politics is that as long as you keep raising the ceiling, you never have to pay it back and everybody gets free money. That sounds pretty damn good. Keep raising it!!!
Originally posted by usernameconspiracy
You can't "lower the debt ceiling by $1T a year until it is $0.00. That would mean we had zero debt, which is a practical impossibility for any first world country...Unless you REALLY want to pay high taxes, that is.
Originally posted by AnonymousCitizen
Originally posted by usernameconspiracy
You can't "lower the debt ceiling by $1T a year until it is $0.00. That would mean we had zero debt, which is a practical impossibility for any first world country...Unless you REALLY want to pay high taxes, that is.
That's one way.
The other option is a REALLY small federal government, getting back to the enumerated responsibilities.
Originally posted by AnonymousCitizen
I really despise Obama's argument about why it needs to be raised...that is, that he says the money has already been spent. But he wasn't authorized to spend anything above the debt ceiling.