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why have a debt ceiling at all


Good question. Considering that debt ceiling is mostly concerns covering the bills for the expenses already incurred by a budget passes by the Congress... Wouldn't budget bill be a more appropriate way to handle spending cuts?

I would be all for "honor debt obligations" bill, then they can shut government and services all they want until they agree on something. Until then, defaulting on your financial obligations is a big "No No" in my book.

Last edited by sini; 01/02/13 02:50 PM.
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