Raising the debt ceiling

Haven’t followed this issue but I know August 2nd is the drop dead date.

Even if the debt ceiling is raised by August 2nd, what remains unresolved is dealing with this nation’s significant debt.

Don’t pretend to have any answers. But our politicians need to check out what’s going in Europe – particularly Ireland & Italy. And we need a serious, level-headed approach to tackling our debt. It can’t be spending cuts only or tax increases only.

I believe it is time to recall the Deficit Commission to duty.

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