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Happeneds. we are going to have to pay extreme taxes to repay the debt caused by the generation before us. this is about our credit rating being downgraded. and why? not because of the debt ceiling but because of the enormous debt that we have. we have to cut the spending. we need permanent mem mechanisms so this doesn t happen in future years. so what if we do default? one congressman has an idea that may be more like dropping a stink bomb in congress. he won t be popular. jim cooper of tennessee is proposing a bill to ban members from receiving their paychecks during a default. and once that default is over, the members of congress will be barred from getting the back pay. that s one way to cut federal spending. and he has 18 bipart son co-sponsors. and if speaker can t get 217 ....
Happeneds. we are going to have to pay extreme taxes to repay the debt caused by the generation before us. this is about our credit rating being downgraded. and why? not because of the debt ceiling but because of the enormous debt that we have. we have to cut the spending. we need permanent mem mechanisms so this doesn t happen in future years. so what if we do default? one congressman has an idea that may be more like dropping a stink bomb in congress. he won t be popular. jim cooper of tennessee is proposing a bill to ban members from receiving their paychecks during a default. and once that default is over, the members of congress will be barred from getting the back pay. that s one way to cut federal spending. and he has 18 bipart son co-sponsors. and if speaker can t get 217 ....