Pretty much. The bipartisan debt ceiling analysis essentially walks you through "what if" debt ceiling is not passed by August 2nd int terms of prioritizing payments
C3Po Wrote:
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> Obama wants a deal that would at least in
> principal increase debt ceiling by $2T + because
> that is the amount estimated between now and Nov
> 2012. He does not want debt ceiling talks to
> hamper reelection bid.
>
> The republicans have tied any debt ceiling
> increase to matching spending cuts. The dems want
> to incorporate both spending cuts as well as
> revenue increase to fund the increase in debt
> ceiling. The pubs will have none of it in term of
> revenue increases. There are some rumours that
> Obama might be willing to dip in to SS and
> Medicare however house liberals will have none of
> that. Pelosi came out with a statement to that
> effect.
>
> Apart from watching and hearing these clowns go
> back and forth nothing much to do. All this
> politicking is IMO only to create more airtime
> given this is an election year. The debt ceiling
> will be passed in some form or the other. Perhaps
> in time and perhaps not.
Can the house liberals really do anything to stop it? They don't have a majority.
发表于 2011-10-8 15:45
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