With $14.2 plus trillion in national debt, I believe every American should be worried. However, Congressman Billy Long had some interesting things to say in the New-Leader about the current debt ceiling crisis that once again has us asking what the heck is Billy thinking.
The article in the News-Leader says Billy Long isn't worried about the debt ceiling deadline. His quote is simply, "let the date come and go." However, that is soon contradicted six paragraphs later in the story, when we find out Long has obviously worried about the debt ceiling deadline and has employed the little hamster on the wheel that serves his cranium to do something about it.
"We've made preparations," Long said.
Why would you prepare for something you aren't worried about?
Then we find out he has co-sponsored two bills that obviously revolve around the date Long says Timothy Geithner chose, "out of the clouds."
Long has co-sponsored two bills that seek to address what would happen in the event of a default. One would direct the Treasury to pay the interest on the nation's debt first. The other would prioritize spending after the debt interest so that Social Security, Medicare and troop payments and other funds needed for national security get top billing.
I guess my question is where is this money going to come from? We already know House Republicans were weak on making any serious cuts earlier this year (HR1), so how can we trust them to free up money to cover the interest, Social Security, and Medicare?
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