But if BOTH parties quit spending more & more there would be NO reason to raise the debt limit year after year. It is BOTH parties.<quoted text>
"It is clear from Standard & Poor’s statement downgrading the federal government’s credit rating that it places the blame squarely on Republican actions and policies. Two of S&P’s biggest concerns about whether the United States will pay off its debt are whether Republicans will be so insane as to refuse to lift the debt ceiling, a possibility Republicans intentionally stoked fears of, and whether the United States will raise much-needed tax revenue. Specifically, S&P changed its baseline assumption that the Bush tax cuts would expire on schedule in 2012 because Republicans are so insistent that they must be renewed.“We have changed our assumption on this because the majority of Republicans in Congress continue to resist any measure that would raise revenues,” wrote S&P. That adds $4 trillion over ten years to the projected deficits."
It would be nice if we could replace ALL of the so called Reps that are past their 1st term. We can't really hold the newby's to blame but ALL of the 'incumbents have to share the blame.
One of Congresses recent 'budget' proposals included ALL 535 reps going onto Obama Care (which is in the law) & many of them squealed like burnt pigs. Talk about an entitlement attitude!!