When it is, exactly, the treasury estimates the United States government will be unable to fund itself going forward. The new date estimated by treasury is october 17th. They say, if we have insufficient cash on hand, it would be impossible for the United States of america to meet all of its obligations for the first time in our history. The stakes are set and for the u. S. Economy, they could not be higher. House republicans have to vote to increase the debt limit to avert a historic default. And today, Speaker Boehner announced his negotiating position. On the debt limit, were going to introduce a plan that ties important spending cuts and progrowth reforms to a debt limit increase. Now, the president says im not going to negotiate. Well, im sorry, but it just doesnt work that way. Once again, republicans will take the economy hostage. The National Review published the gops ransom list. In exchange for avoiding default, republicans are demanding a oneyear delay in obama care. They wa
Treasury is october 17th. They say, if we have insufficient cash on hand, it would be impossible for the United States of america to meet all of its obligations for the first time in our history. The stakes are set and for the u. S. Economy, they could not be higher. House republicans have to vote to increase the debt limit to avert a historic default. And today, Speaker Boehner announced his negotiating position. On the debt limit, were going to introduce a plan that ties important spending cuts and progrowth reforms to a debt limit increase. Now, the president says im not going to negotiate. Well, im sorry, but it just doesnt work that way. Once again, republicans will take the economy hostage. The National Review published the gops ransom list. In exchange for avoiding default, republicans are demanding a oneyear delay in obama care. They want the president to go forward with the keystone pipeline, and they want tax reform that favors the wealthy based on the paul ryan plan. If thos
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