The Shutdown/Debt Ceiling

[Ramster]

Instead of rasing the debt ceiling why not spend less

[Cleo]

Originally Posted by Ramster

Instead of rasing the debt ceiling why not spend less

What a great idea. Lets just cut health care, bridge and road maintenance, have the rich pay less taxes and cut funding for education because no way would it be a good idea to spend less on the military or giving away money to other counties.

[Toby]

Originally Posted by Ramster

Instead of rasing the debt ceiling why not spend less

Common misconception re: the debt ceiling. It has nothing to do with future spending, this about money that has already been spent (for things like unfunded wars, etc.).

[hincapie]

Originally Posted by Toby

Common misconception re: the debt ceiling. It has nothing to do with future spending, this about money that has already been spent (for things like unfunded wars, etc.).

Indeed and as such its probably inevitable to raise the debt ceiling right now .... but balancing the budget is the only way to avoid having to do it until interest payments take up such a chunk that nothing is left for anything else. Clinton managed it for a while ....