I’m sure everyone has their take on how to settle the debt limit debate. I believe the issue will be resolved and the government won’t shut down. The Republicans tried this during the Clinton administration, the government shut down and the Republican Party suffered huge losses in the next election. Bluff as they may the Republicans are not going to make that same mistake because Obama has successfully put the ball in their court.
House Speaker John (I don’t have a clue what’s going on) Boehner keeps saying no new taxes as if the middle class will be taxed; no Obama wants to close tax loop holes the rich enjoy that we don’t, he wants to drop the oil company subsidies for research which the oil companies don’t use nor need, but bone head Boehner doesn’t talk about those cuts, he just wants to cut Medicare, education and other programs for those who need them.
Some of those programs can take a minor hit, but bone head wants to slash the hell out of them.
Both sides have to agree to cuts, but the Republicans have to give on protecting their rich, those who can afford to give or their won’t be a deal.
You can bet big business and the Republicans are finding ways they can give a little.
When the final vote is taken you can bet there won’t be any bankruptcy filings by the wealthy 1% in this country.