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There was a guy on Newshour that discussed this - the feds can take money from other programs to stave off default till early to mid August.
It was good, I didn't catch his name. He said both defaulting and raising are bad, that the day of reckoning is coming. Even raising it, he likened it to walking towards a cliff, but you don't know where the edge is.
We're what, 115 billion a MONTH in the red? So raising taxes will work? That's $4600 a year for every man woman and child!
Pete
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"America is still a land of promise, especially during a political campaign."
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