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View Full Version : The Moral Giants in the House on what it will take to extend the debt ceiling (snort!)




sailingaway
02-25-2011, 05:47 PM
http://www.nytimes.com/2011/02/26/us/politics/26budget.html


Under the proposal, the law now keeping the government open would be extended until March 18 at the price of $4 billion in new spending cuts. This would give the House and Senate more time to negotiate a plan to fund the government through Sept. 30.

That's 90 billion, annualized, and how much debt does the move allow? Not clear.

Well, at least it is only 2 weeks. I expect Rand to vote against it, though.