Debt ceiling debate raises default worries

  • Article by: CHRIS FARRELL
  • Updated: July 2, 2011 - 11:51 PM
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hockeydadmnJul. 3, 11 2:44 PM

At the rate the debt is growing, raising the limit just delays the eventual collapse. With a smaller percentage of the population paying taxes every year and no plan to reduce the borrowing, the future looks bleak, at best.

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bpasquarJul. 3, 11 3:23 PM

This claim that the3 government will defaulton it's debt if thedebt ceiling isn't raised is a bunch of BS. The Federal governmenthas enough moneycoming in to pay it's debt.The problem is thatthey will have to manage what is left, which we allknow thatthey can't ever do. Let's let the government deal with the financial responsibilities just let all the rest of us working stiffs.

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MickeyJul. 10, 11 7:34 PM

If we need money after Aug. 2 to pay our debt, first ground the Obamas and second start firing gov't workers until we have the needed money for the debt. Defund Obama care, TSA, EPA and other worthless areas of the gov't.

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