Debt Ceiling Crisis
For the last few months I have bee successfully guided away from the elephant in the room and very concerned with the fisical cliff ... which is important granted.
The part of the package that the Administration is holding dear to is .... an administrative right to total control of the debit ceiling with no Congressional input or guidance.
At issue is that the government is spending more than is coming in ... Repbs want to reduce the government and balance the budget .... Demos want to have unrestricted spending and lower taxes thus less coming and more going out.
I think this is the key issue in fisical cliff talks and has not been addressed to the public in the manner it deserves.
What do you think?