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Reply #8: "We get to do this all over again" I read the OP as saying not til 2013, given the $2.9 trillion [View All]

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ProgressiveEconomist

(1000+ posts) Send PM | Profile | Ignore

Sat Jul-30-11 10:01 PM
Response to Reply #4

8. "We get to do this all over again" I read the OP as saying not til 2013, given the $2.9 trillion

debt ceiling increase.

Sounds like the penalties for not finding another $1.8 trillion in cuts by Thanksgiving are automatic cuts to Defense and Medicare--NOT another debt ceiling vote.

We'll be going through another BUDGET figth soon in any case. IMO ANYTHING's better than anoother debt-ceiling vote before the 2012 elections.

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