Don’t raise the debt ceiling; just cut spending!

posted by
May 24, 2011
Freedom's Phoenix
by US Rep. Ron Paul (R-TX)  
Posted in Commentary

"It is predictable that Congress will once again merely delay the inevitable and raise the debt ceiling, after the usual rhetoric about controlling spending, making cuts, and yes, raising taxes. We have heard endless warnings about how irresponsible it would be to 'shut down the government.' The implication is that sober, rational, mature pundits and politicians understand reality, while those who oppose raising the debt ceiling limit are reckless ideologues who will harm the economy just to make a point. But like any debtor that has to reduce its spending, the federal government simply needs to establish priorities and stop spending money on anything other than those priorities." (05/23/11)

http://tinyurl.com/3kdswou  

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