Senate Dems to try passing debt ceili...

Senate Dems to try passing debt ceiling increase

There are 28 comments on the Star-Telegram.com story from Oct 8, 2013, titled Senate Dems to try passing debt ceiling increase. In it, Star-Telegram.com reports that:

Democrats controlling the Senate are planning to try to pass a stand-alone measure to increase the government's borrowing cap, challenging Republicans to a filibuster showdown that could unnerve financial markets as the deadline to a first-ever default on U.S. obligations draws closer.

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Patriot

Brighton, CO

#21 Oct 9, 2013
China owes US One Trillion (Plus Interest)

YOU READ THAT RIGHT — China owes the United States nearly ONE TRILLION DOLLARS from bonds they sold to US decades ago!

Everyone always goes on about how much WE owe to CHINA — but they’ve conveniently forgotten the fact that China owes US so much money!

THAT MEANS WE DO NOT NEED TO RAISE THE DEBT CEILING — WE JUST NEED TO WITHHOLD OUR DEBT PAYMENTS TO CHINA!

http://www.conservativeactionalerts.com/2012/...

“Headed toward the cliff”

Since: Nov 07

Tawas City, Michigan

#22 Oct 9, 2013
Eron wrote:
The debt ceiling debate and default arent even in the same realm. If we fail to raise the debt ceiling on 17 Oct, servicing the debt continues. We still bring in $2.2 Trillion a year in tax revenue, tarrifa and fees. More than enough to service the debt, pay Social Security, Medicare Medicaid, keep the parks open, keep the government running at 100%. What it means is that new spending is curtailed. Not a bad thing.
<quoted text>
I agree.

It forces the govt to operate under a balanced budget; something they couldn't figure out by themselves.
Halito

Winnemucca, NV

#23 Oct 9, 2013
lolol wrote:
Constitution states the 'power of the purse' resides in the House of Representatives, but what does oblunder and his sock-puppet reid care about the Constitution ? Those 2 fools need to be smacked upside the head with a purse.
Is that called pursecution....or getting purssy whipped?
Halito

Winnemucca, NV

#24 Oct 9, 2013
Is there an add vent for the smoke to escape the debt ceiling?
Robert

Douglasville, GA

#25 Oct 10, 2013
WeTheSheeple wrote:
<quoted text>
Actually they CAN prioritize spending, but I agree that they most likely WON'T.
The parties will end up agreeing to a short term extension and more negotiations and more deficit spending and eventually agree to trillions more debt.
And the game goes on...
I listened to them explain the scope of what they do and while it is not difficult to pay a few things it is much more difficult to do it on the scope of what would be required and they say impossible when you consider that with negotiations going down to the last minute like politicians always do it will simply not be possible.
Canon

Texarkana, TX

#26 Oct 10, 2013
WeTheSheeple wrote:
So let us default.
The govt "shutdown" wasn't the end of the world as all predicted. I suspect default won't be either.
Time to pay the bills.
The bogus media and bogus president are using scare tactics.
Canon

Texarkana, TX

#27 Oct 10, 2013
It's really interesting how our bogus president was AGAINST the extending the debt ceiling when Bush was president, how he claims Bush was irresponsible for wanting to raise it and how terrible he was.....AND NOW....HE wants to do the same when the situation is WAY WORSE!!!! Who does he think he is????
guest

United States

#28 Oct 10, 2013
Canon wrote:
It's really interesting how our bogus president was AGAINST the extending the debt ceiling when Bush was president, how he claims Bush was irresponsible for wanting to raise it and how terrible he was.....AND NOW....HE wants to do the same when the situation is WAY WORSE!!!! Who does he think he is????
A typical politician.

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