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Harry Reid Vows To Raise The Debt Ceiling To $18.794 Trillion…
#1
Quote:[Image: 0723-democrats-slimmed-down-energy-bill....00x321.jpg]

Nothing to worry about, totally sustainable.

(CNSNews.com) – Senate Majority Leader Harry Reid (D-Nev.) said on Wednesday that if the $16.394 trillion current legal limit on the federal government’s debt must be raised in the next few months by another $2.4 trillion, “We’ll raise it.”

That would set the debt limit at $18.794 trillion.

During a Capitol Hill press conference on Wednesday, CNSNews.com asked: “Senator Reid, the Treasury Department said last week that we will hit the debt ceiling again near the end of the year. Are you prepared—will you support—”

http://cnsnews.com/news/article/harry-re...l-raise-it
It's the "BILL OF RIGHTS" not the bill of "needs"
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#2
Good for Harry, unfortunately for him though all spending must first come from the House so.... Wink He & BO can ask for it all they want and the House can tell them to pound sand, not a damn thing they can do.
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"The problems we face today are there because the people who work for a living are outnumbered by those who vote for a living." Dan Cofall
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#3
billamj;39436 Wrote:Good for Harry, unfortunately for him though all spending must first come from the House so.... Wink He & BO can ask for it all they want and the House can tell them to pound sand, not a damn thing they can do.

If all spending goes through the House, how in fact did Solyndra etc get their paybacks?
"In 4 more OMao years you won't like how America looks....I guarantee it."
“When injustice becomes law, resistance becomes duty.” -- Thomas Jefferson
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#4
Pocketprotector;39439 Wrote:
billamj;39436 Wrote:Good for Harry, unfortunately for him though all spending must first come from the House so.... Wink He & BO can ask for it all they want and the House can tell them to pound sand, not a damn thing they can do.

If all spending goes through the House, how in fact did Solyndra etc get their paybacks?

Part of TARP, they were stupid enough to put discretionary spending in it. Sad
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USAF (1976 -1986) NRA, GOA Anim_sniper2
"The problems we face today are there because the people who work for a living are outnumbered by those who vote for a living." Dan Cofall
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#5
billamj;39446 Wrote:
Pocketprotector;39439 Wrote:If all spending goes through the House, how in fact did Solyndra etc get their paybacks?

Part of TARP, they were stupid enough to put discretionary spending in it. Sad

Then no doubt another is coming....along with QE Eternity.
"In 4 more OMao years you won't like how America looks....I guarantee it."
“When injustice becomes law, resistance becomes duty.” -- Thomas Jefferson
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#6
What irks me the most about these debt limit raises (other than more debt per person) is that the point of a limit is just that - to restrict something. It seems really stupid to me that congress, which passes the budget - is also involved in raising their limit. Like giving the robbers the keys to the bank.
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#7
rmagill;39499 Wrote:What irks me the most about these debt limit raises (other than more debt per person) is that the point of a limit is just that - to restrict something. It seems really stupid to me that congress, which passes the budget - is also involved in raising their limit. Like giving the robbers the keys to the bank.

That's why many of us now refer to it as the debt target instead of limit. Much more appropriate.
Deal_me_in, proud to be a member of pa2a.org since Sep 2012.
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