By John Stossel
The political class predicted “disaster” if Congress didn’t raise its debt limit.
I think that was a scam to get more money. See, the poor politicians don’t have enough, and they need to borrow more. We taxpayers are cheap. This year we’ll give them only $2.2 trillion. They want to spend $3.8 trillion.
The president said if he didn’t get more money, Social Security checks wouldn’t go out. Why not?
With $2 trillion, they can pay Social Security, Medicare, the interest on the debt and still have billions left. It’s billions more than the government spent when President George W. Bush took office. What’s the problem?
The problem is that Republicans and Democrats under Bush and President Obama doubled spending. Now, Obama wants more taxes.
Taxes shouldn’t be the answer when spending is the problem.
I wasn’t worried that Congress would fail to raise the debt ceiling. But I am worried that Congress will keep spending.
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