Debt-limit hike has enough votes to pass Senate

http://news.yahoo.com/house-passes-debt-bill-wards-off-default-risk-002406360.html
WASHINGTON (Reuters) - A measure to
cut spending and raise the U.S. debt ceiling to avert an unprecedented
default gained enough votes to pass the Senate on Tuesday, as voting continued.

The House of Representatives has already approved the measure and President Barack Obama is expected to quickly sign it into law once the Senate completes its vote.

any answers for beyond next year??

if gdp does not increase our cuts will be far outweighed by rampant increases.

long story short obama will appoint a commity to address the long term issues.(he will create more goverment to do what the house and senate are suppose to do)

taxes will rise, our shit is busted like a 2 dollar hookers mouth.

I'll see what I can do, but my girls aren't used to that kind of sweet talk.

GDPofDRC wrote:

I'll see what I can do, but my girls aren't used to that kind of sweet talk.

lol general domestic production, but very nice

wooh the 75th time america raises the debt ceiling which is supposed to act as a guide for congress, which in actuality means fucking nothing.

We dont even know what the hell will happen if we default on this debt, but we know this, it more than likely will be shitty for the USA, so why risk that.

Glad they got this hammered out but worried about Obama giving Republicans low govt spending for the next 10 years, he better get his taxes in place.