Posted By: SteveBut they passed a budget that requires that these spends be made.Exactly. This whole thing is political farce. The time to decide to spend less is when a budget is being passed. Not when some imaginary limit is approached. Did any of the people who voted for the budget not know this wad going to be an issue?
Posted By: ZoinksBut if you a'int got money, you a'int got money. If there are insufficient funds to spend then all new spending needs to be stopped.that has absolutely nothing to do with the debt limit.
Posted By: cjcI think tom's talking about people who aren't interested in spending less of other people's money.Actually I'm talking about the vast majority, according to all the polls. The "other people's money" canard is getting tired. As Reingold often points out, all taxation is such that somebody is paying more, and somebody else is getting more. That's life in civil society, we all get to pay to have the bridges fixed even though some use them more than others.
Posted By: ZoinksIf there are insufficient funds to spend then all new spending needs to be stopped.Or revenue needs to increase.
Posted By: dave23Everyone wants the government to spend less. But no one will give up their Medicare (or put in truly effective cost controls, eg single-payer) and few people have the guts to take a meat slicer to the defense and 'homeland security' budgets that have grown to grotesque proportions.
Posted By: ml1why should elderly people expect cuts to services that lengthen their healthy life spans? why should they accept cuts when no one with the authority to do anything about it suggests cutting the funds for wars that continue to kill thousands to no apparently useful end?Amen!
Posted By: ZoinksPresident Ron Paul will cut defense spending.
Posted By: ml1hey if we're talking Ron Paul, why not Bernie Sanders? or Bruce Springsteen?
Springsteen: Well, first thats a real job. And Ive spent the musicians life is to avoid real work for as long as you can. You know (laughs). And Ive been successful in doing so. Thats why they call it playin.
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Thats hogwash, the doubters say, because the government takes in more than enough revenue to cover its obligations. They acknowledge the administration would need to make deep and painful spending cuts but argue that Geithner can avert default if he prioritizes which bills to pay.
It would be more like a partial government shutdown, Toomey said.
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