Raising the Defecit Limit?

Raising the Defecit Limit? (Full Version)

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OrionTheWolf -> Raising the Defecit Limit? (8/10/2009 10:36:31 AM)
I was working at the computer and only heard a small snippet that someone in the Obama adminustration is asking that the deficit limit be raised. Is this correct? Anyone have a link?

n0c0sm0s -> RE: Raising the Defecit Limit? (8/10/2009 10:42:06 AM)
Here it is at Reuters - http://www.reuters.com/article/bondsNews/idUSN0740488320090808

Sanity -> RE: Raising the Defecit Limit? (8/10/2009 10:47:12 AM)
Well, duh! We've got to pay for Congress's fleet of shiny new luxury jet airplanes somehow. http://online.wsj.com/article/SB124960404730212955.html http://online.wsj.com/article/SB124967502810515267.html

Musicmystery -> RE: Raising the Deficit Limit? (8/10/2009 12:50:55 PM)
Not that I agree with this, but for what it's worth: "Ronald Reagan proved that deficits don't matter." --Dick Cheney

MasterG2kTR -> RE: Raising the Deficit Limit? (8/10/2009 1:06:48 PM)
Why not? They've already printed plenty of money to cover it. [>:]

Musicmystery -> RE: Raising the Deficit Limit? (8/10/2009 1:21:50 PM)
I'm actually OK with that until liquidity returns--IF it's then reigned in. That's always been the trouble--supply side or demand side, spending or tax cuts, everybody LOVES expansionary policy, but has no stomach for the subsequently needed contractionary policies--so they just never get done, and our financial standing continues to flounder.

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