Deficit Float News Today : Breaking News, Live Updates & Top Stories | Vimarsana

I think it shows the way the rest of the world also is looking at us, especially since there's so many countries that are facing a debt crisis right now. it says the united states absolutely could fall into this as well. our politics are so bizarre. both sides are irresponsible. and remember that while they are moaning and groaning about the deficits right now, both the democrats and republicans agreed in december to give up $1 trillion of revenues in a deal that they made that widened the deficits enormously for this year and next year. it's not surprising standard & poors has made this state...

Problem. they would rather not raise taxes and rather not cut their favorite programs. the solution, let the deficit float. here is, however, the big theory i'm worried about and this is tim geithner talking about what would happen if we don't raise the debt ceiling soon. here he is on "this week" on abc this sunday. let's listen. >> what will happen is we'd have to stop making payments to our seniors, medicare and medicaid and social security and stop paying veteran benefits and all of the things the government does and we would risk default. if we did that, we would tip the u.s. economy and ...

They would rather not raise taxes and rather not cut their favorite programs. the solution, let the deficit float. here is, however, the big theory i'm worried about and this is tim geithner talking about what would happen if we don't raise the debt ceiling soon. here he is on "this week" on abc this sunday. >> what will happen is we'd have to stop making payments to our seniors, medicare and medicaid and social security and stop paying veteran benefits and all of the things the government does and we would risk default. if we did that, we would tip the u.s. economy and the world economy back ...