Monday, July 18, 2011

Moody's Suggests US Eliminates Debt Ceiling

Moodys Suggests US Eliminates Debt Ceiling

If the US does this, the sky's the limit.
Actually, outer space would have to be the new limit for the National Debt if they remove the cap on the debt ceiling.

Imagine how high our debt would climb if Congress had no authority to set a limit on how much debt the US was allow to accrue?

I'm sure Obama, Pelosi, and Reed will be all over this one.

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