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[link] Handicapping the Debt Ceiling Debate — Urban Institute
Posted in: Blog, Buddy Martin, Show News by admin on July 17, 2011
When Republicans held both the Senate and the White House (2003, 2004, 2006), they provided virtually all the yea votes, while almost all Democrats voted no.
What I want to know is why the debt ceiling was raised when the economy was at its height? Why can’t the government function like I do? When I make a lot of money I put it in the bank and I invest it, I don’t go out and spend it like the Republicans voted to in 2003, 2004, and 2006. Now the economy is in horrible shape I’m not worried because I have money saved so if I have to spend a little more than I take in it will be just fine. I call it being a responsible adult.



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