Lew tells Congress of emergency measures to avoid debt limit

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  • DN Subscriber Cottonwood Heights, UT
    March 6, 2015 12:56 p.m.

    Is anyone else getting tired of watching this same old rerun again and again?

    There is a debt limit for a reason, just like your credit card has a limit. You are supposed to be smart and responsible enough to curtain your spending before hitting the limit. Not just demand a higher limit so you can buy more "stuff!"

    Since the last increase in the debt limit let's review exactly what has been proposed by President Obama, or introduced in the Senate or the House to reduce our spending and avoid increasing the limit again (and again, and again.)

    Exactly nothing, by either party.

    The crushing burden of debt being imposed on those too young to vote (our kids!) by cowardly politicians who lack the courage to ever cease spending will destroy our country.

    Claiming it is merely not enough revenue is false, because every time in the past when taxes were raised to cut the debt, the promised spending cuts never happened.

    I need to go buy a new house, car and boat.... just as soon as I demand the bank to raise my maxed out card limit by a few million. Pay it back? Why bother?