High Drama with no results ........continues.
Late stab at debt-limit deal to avert US default
Late stab at debt-limit deal to avert US default - Yahoo! News (external - login to view)
Such theater. Just watched a group of smart men discuss this issue and outline at least one if not more WORKABLE, REALISTIC plan to deal with it. Evidence that steps can be taken to resolve this issue that make sense. But good sense and the populations best interest is not a factor here.
They will probably come up with an agreement at the eleventh hr. But what a childish way to get there.
Hot off the press.............
Republican congressional leaders indicated Saturday afternoon they are close to reaching a deal with President Barack Obama to raise the nation's debt limit and avoid what would be an unprecedented national default.
Senate Minority Leader Mitch McConnell, R-Kentucky, said he had talked to Obama and Vice President Joe Biden this afternoon and was "confident and optimistic" that there will be an "agreement within the very near future."
A national default "is not going to happen," McConnell promised.
House Speaker John Boehner, R-Ohio, also expressed optimism that an agreement is near.
source: CNN breaking news.
......yep......the "suspense" is a killer..
One has to wonder if there is any decision or action the americans can take without all this theater. Gotta be the worst carnival on the planet.
Quote: Originally Posted by Just the Facts
It's not as serious a problem as they're making it out to be. The worst consequence would be the U.S. being downgraded by the credit bureaus, which some say will happen regardless of the debt ceiling nonsense. That will lead to higher interest rates.
Other than that, we all know governments have a lot of areas where they could cut spending without cutting essentials, if they wanted to. Could start with those 3 hundred dollar screw drivers, and million dollar trips to europe for the 1st lady.
Obama's just insisting he get a blank cheque through the election. Lots of payouts to make, dontcha know. Gotta keep those acorn people happy.
IF they started with bringing the wars to an end , just imagine how much they would save daily. . These wars are hemorhaging the US and for what gain?? Seems only a select few profit from them.