Friday, July 29, 2011

Nov. 6, 2012 - where will the debt be?

One of the holdups in the debt ceiling debate is the height of the ceiling.
Democrats want a ceiling that won't have to be raised until after the next election.
How is that going to work?
People know the debt limit is $14.4 trillion now.
It's likely the debt will be around $15.5 trillion - maybe closer to $16 trillion - when President Obama faces the voters again.
Do Democrats think they can slip that fact past the voters?
Whatever happens this weekend, the debt will remain front and center in the political fight. Every dollar spent brings more Tea Party anger.

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