Wednesday, July 13, 2011

The McConnell plan

Mitch McConnell's backup plan is to allow the federal debt limit to be raised by another $2.5 trillion without any concession on either side. It doesn't deal at all with the skyrocketing national debt. So in other words, he caved to the Democrats. He blinked. How embarrassing.

"We’re certainly not going to send a signal to the markets and to the American people that default is an option.” Why is default not an option? Isn't it better than continuing to borrow an infinite amount of money? Doesn't the problem have to be dealt with at some point and why not now?

I understand the need for a backup plan, but it should be for a temporary increase. Two words, heck no. Go back to Kentucky you RINO.

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