I've got to admit I can't even begin to grasp how they are looking at this debt ceiling issue. The following post brought it into clear focus.
To: qam1
Almost right..any plan over TWO years is a house of cards..because no Congress can bind a future Congress..that's what bothers me about ALL these GOP plans
They need to go back to Boehner's original statement..give Obama a debt increase equal to or more than the amount of spendign spending cuts in the next two years..period.
6 posted on Mon Jul 18 2011 09:53:11 GMT-0600 (Mountain Daylight Time) by ken5050
So let me get this straight. They say that if President Obama would agree to cut spending by say oh, 2 trillion, that they would give him 2 trillion more to spend. O.K., so if that is true what would keep President Obama from taking the additional 2 trillion and then spending it on the items he agreed to cut resulting in a net gain or loss of, well, zero.
Could someone explain this to me?
http://www.freerepublic.com/focus/f-news/2750213/posts