Republican bill pushes debt limit to May 19

Jan 22, 2013 | Posted by: Mr_Bill | Full story: www.bizjournals.com

House Republicans are hoping a measure passes Wednesday that would extend the U.S. debt limit to May 19, Reuters reports.

While the bill does not specify a dollar amount, it does allow government to borrow the money necessary to meet its obligations.

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Eleanor

Buffalo Grove, IL

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#1
Jan 22, 2013
 

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Another attempt to postpone addressing the debt problem.

The USA BORROWS 40 cents of every dollar it spends.

The future of our children is at stake and the action of today's LEADERS creates a HUGE financial BURDEN on ALL future generations of Americans.
Guns yes people no

Buffalo, NY

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#2
Jan 22, 2013
 

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lets make more gun laws that will help?

Since: Dec 07

Chandler, TX

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#3
Jan 22, 2013
 

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Now there's an idea. Since the liberals can't pass a budget, let alone even submit one, just give them a blank check. I'm sure they would spend it wisely. What happens when 100% of tax revenues are needed to just to pay the INTEREST on the debt?

Did any democrat poltician study economics in college? Or is their law degree's "how to get into politics and get rich" a major study??
Frank

Zephyrhills, FL

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Jan 22, 2013
 

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Guns yes people no wrote:
lets make more gun laws that will help?
Exactly .... The government is doing everything they can to make us unaware of our pending financial collapse and weakening security both here and abroad.
gossamer

Warren, MI

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Jan 22, 2013
 

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Frank wrote:
<quoted text>
Exactly .... The government is doing everything they can to make us unaware of our pending financial collapse and weakening security both here and abroad.
The government? Don't you mean Obama.

All during the election I heard the Republicans repeat and repeat how Obamas spending will collapse our economy.

I don't listen to MSNBC CNN NBC ABC CBS. They wouldn't tell us about it. They love Obama too much to say anything that would put him in a bad light.

So all those that watch these station just don't know. They blame everything on the Republicans.
C fool

Nha Trang, Vietnam

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#7
Jan 22, 2013
 
Bluebonnets-Thistle wrote:
Now there's an idea. Since the liberals can't pass a budget, let alone even submit one, just give them a blank check. I'm sure they would spend it wisely. What happens when 100% of tax revenues are needed to just to pay the INTEREST on the debt?
Did any democrat poltician study economics in college? Or is their law degree's "how to get into politics and get rich" a major study??
Dr. Bill_phd! just can"t until Mayflowers in NY?;-000

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