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Conrad: Short-Term Extension is Best Answer
AP via The Washington Times:
The chairman of the Senate Budget Committee said Wednesday it’s impossible to enact spending cuts, a tax code overhaul and changes in benefit programs in the less than two weeks left before an Aug. 2 government default deadline.
So, because our representatives didn’t address this soon enough, we should just increase in debt? The debt ceiling has been raised 74 times since 1962. It begs the question, what’s the point of a limit on debt if keeps going up? Yes, we get it. It’s going to hurt. People are going to be pissed, especially with Washington—and they should be. Unfortunately, we can’t afford it any more spending.