Wed Jan 16, 2013, 11:11 PM
TomCADem (6,815 posts)
Wongblog - "Lots of smart Republicans are terrified of the debt ceiling"
Of course, "smart Republican" is starting to sound more and more like an oxymoron these days...
Rep. Scott Rigell (R-Va.): “Say, ‘Okay, let’s just walk through that.’ What we’re basically saying, then, is that we’re going to balance the federal budget not over time, but in a moment; in a day. So the next morning, what are we going to pay? Do you think we ought to pay the troops? Most people would say, ‘Oh, gosh, absolutely.’ Well, what about those receiving Medicare? ‘Well yeah, that needs to — we need to do that. They’re dependent on that.’ What about Social Security? ‘Well certainly, we earned that. We paid into that.’ And you just go down the line. Most folks, if you really walk through it, it’s not a good scenario.”
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