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Poll: Many Want Cuts As Part of Plans To Raise the Debt Ceiling

January 18, 2013

WASHINGTON (AP) — Most Americans think jarring economic problems will erupt if lawmakers fail to increase the government’s borrowing limit....

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(10)

mikeyd

Jan-19-13 1:06 AM

raise the debt ceiling.if china's dumb enough to keep lending money to a money pit then so be it.we've lent money to just about everybody in the past 40 years and have yet to collect[most of these countries,the commoners would know better].i guess you just forget about it after a while.nothin' to worry about.by the way,would you lend money to this government?i don't trust them with our taxes.china's either dumb or smart.you don't lend money to someone that can't budget.i'm not really sure why they keep lending us more.

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TrollSlayer

Jan-18-13 6:47 PM

icecream, here’s the fallacy in your “fact.”

“FAILURE to RAISE the DEBT CEILING and the RESULTING, unprecedented FEDERAL DEFAULT”

Not raising the debt ceiling will NOT result in federal default. Revenue is sufficient to cover interest payments.

But that also means Congress will finally have to “make the tough decisions” on which programs to continue to fund, and at what levels, and which programs to cut. Politicians are always claiming they “will make the tough decisions.” Well, now is the time to do what they promised.

Spending cuts WILL be necessary to solve our long-term debt problem. There is NO other way. Taxing the “rich,” printing more money, and certainly borrowing more money, will NOT solve the problem. And the longer we wait the harder it will be.

Obama and company can cut the deficit – cut spending – and do what they promised, or they can kick the can down the road to the next generation and certain default and economic disaster.

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icecream

Jan-18-13 6:07 PM

Politics aside--this is fact from the article...

"The poll's findings echo many economists' warnings that FAILURE to RAISE the DEBT CEILING and the RESULTING, unprecedented FEDERAL DEFAULT would risk WOUNDING the WORLD ECONOMY because many INTEREST RATES are PEGGED TO the trustworthiness of the U.S. TO PAY its DEBTS. OBAMA AND MANY REPUBLICANS AGREE with that."

Obama and many republicans agree...

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TrollSlayer

Jan-18-13 1:39 PM

boxerboy knows that as President, Barry Obama would NEVER raise the debt ceiling. He considers it “leadership failure.” Barry Oflipflopper clearly explained it on the Senate Floor back in 2006 like this:

“The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies. … Leadership means that ‘the buck stops here.’ Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better. I therefore intend to oppose the effort to increase America’s debt limit.”

No debt ceiling increases on Barry Ospender's watch!

Right, boxerboy?

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TrollSlayer

Jan-18-13 1:33 PM

boxerboy knows we shouldn’t raise the debt ceiling. Because boxerboy knows Barry Obama says it’s irresponsible and unpatriotic to raise it.

According to Barry Obailout, when raising the debt limit was proposed in July 2008, “The problem is, is that the way Bush has done it over the last eight years is to take out a credit card from the Bank of China in the name of our children, driving up our national debt from $5 trillion dollars for the first 42 presidents — number 43 added $4 trillion dollars by his lonesome, so that we now have over $9 trillion dollars of debt that we are going to have to pay back — $30,000 for every man, woman and child. That’s irresponsible. It’s unpatriotic.”

Now why would ANY Barry Obankrupter supporters even consider dumping that kind of new debt on every man, woman and child? It’s irresponsible! It’s unpatriotic!

Right, boxerboy?

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dyingov

Jan-18-13 12:23 PM

educate us, boxhead!

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ShempH

Jan-18-13 10:55 AM

Looks like the Intel is being every bit like WTOV9 with the censoring of it's stories!

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boxerboy

Jan-18-13 9:49 AM

Well, there are many illiterates and semi-illiterates in this country who don't know anything about anything other than what they are spoon-fed by Fox News.

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mikeyd

Jan-18-13 7:37 AM

why don't all of these rich politicians give up some of their pay?they make too much money for the little bit of work that they do.a revolution will have to take place before any impeachment.they won't impeach just for not knowing your job.otherwise they would all be gone.off to china where you all belong.quit bringing all of that chinese junk into our country.simple.

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intresting

Jan-18-13 6:44 AM

Who cares what people want, what matters is what the dick-tater wants. Prepare the impeachment papers.

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