10 Inconvenient Truths About the Debt Ceiling

[Tennessee Gal]

1. Republican Leaders Agree U.S. Default Would Be a "Financial Disaster"
2. Ronald Reagan Tripled the National Debt
3. George W. Bush Doubled the National Debt
4. Republicans Voted Seven Times to Raise Debt Ceiling for President Bush
5. Federal Taxes Are Now at a 60 Year Low
6. Bush Tax Cuts Didn't Pay for Themselves or Spur "Job Creators"
7. Ryan Budget Delivers Another Tax Cut Windfall for Wealthy
8. Ryan Budget Will Require Raising Debt Ceiling - Repeatedly
9. Tax Cuts Drive the Next Decade of Debt
10. $3 Trillion Tab for Unfunded Wars Remains Unpaid

http://crooksandliars.com/jon-perr/10-inconvenient-truths-about-debt-ceiling

[July16th-20th]

1. Good post!

Recommended.

[cutlassmama]

2. they are too busy trying to make Obama look bad because they

don't want to pay their fair share

[fasttense]

3. There are only three things that have caused the budget deficit

1. The wars.

2. The billionaire tax give-aways.

3. The Great Recession.

Neither Obama or the RepubliCONS have addressed the real cause of the budget deficit.

You know there is another huge deficit that we really should be looking at correcting. The Trade Deficit. If we were to fix the Trade deficit we would be on our way to fixing 3. and a third of the way to fixing the budget deficit.