House rejects debt limit increase wit...

House rejects debt limit increase without cuts

There are 3 comments on the El Paso Times story from May 31, 2011, titled House rejects debt limit increase without cuts. In it, El Paso Times reports that:

House Republicans dealt defeat to their own proposal for a $2.4 trillion increase in the nation's debt limit Tuesday, a political gambit designed to reinforce a demand for spending cuts to accompany any increase in government borrowing.

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Since: Mar 11

Location hidden

#1 May 31, 2011
Just quit spending our money on stupid stuff and have the guts to tell your government handout addicted constituents to bugger off. Those constituents include everyone, not just welfare abusers. Defense contractors....Amtrak....big oil....General Electric....

There, I fixed it.

Billings, MT

#2 May 31, 2011
Not just cuts, drastic cuts and a balanced budget amendment!

El Paso, TX

#3 May 31, 2011
"Treasury Secretary Tim Geithner has said the debt limit must be raised. If no action is taken by Aug. 2, he has warned, the government could default on its obligations and risk turmoil that might plunge the nation into another recession or even an economic depression."

Not true! The government would not necessarily default. It would forced the government to prioritized spending, which is a good thing.

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