This should be entertaining. Our total debt is at 15.7 T and the debt ceiling is at 16.4 T. It looks like we could hit the ceiling before the election. My guess is that neither party wants to deal with this and will quickly and quietly pass a new limit if it's before the election.
If we hit the limit after the election and Obama gets re-elected then the republicans are sure to make a big deal out of it. It Romney wins I'm guessing that the republicans will quietly pass a new limit without much opposition from the democrats.
Site Information
About Us
- RonPaulForums.com is an independent grassroots outfit not officially connected to Ron Paul but dedicated to his mission. For more information see our Mission Statement.
Connect With Us