Democracy Has Prevailed.

July 19, 2011

Revenue and the Debt Ceiling

As regards revenue, we don't have it! Via Think Progress:
As of July 13, 29 public companies had more cash on hand than the U.S. Treasury Department, according to the site Zero Hedge based on numbers from Capital IQ. It’s a stark reminder that if Congress refuses to raise the debt ceiling, the government won’t have nearly enough money to continue funding essential services and programs.


Regarding the debt ceiling:
  • Sabotaging the President By Sabotaging the Economy

  • Club For Growth To Republicans: Trigger A Default, Or Else!

  • [sigh]
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