"No new taxes" just raise the debt limit

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"No new taxes" just raise the debt limit

Postby Michael_ » Wed Jan 11, 2012 9:18 pm

How about a show to explain why we never need to raise taxes if we just continue to increase the debt limit? I'm not totally versed on the subject, but this is my impression.

I thought there was some requirement that any spending bill show where the money to fund it will come from. If this is true then we'd never have any debt. Seems like something isn't working as promised.

I believe that just as the USA ended the cold war by forcing Russia to spend themselves into extinction, the war on terror could be our downfall.
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