He is at it again!
Obama walked out of the debt limit talks yesterday with no agreement. He pushed his chair back and walked out of the room. He seems to believe that he can do anything with this country that he wants.
He is saying that Social Security checks will not be sent if he does not get his tax increases. He also says that the military will not receive pay checks. This is all a bluff! The government still has revenue coming in that will more than cover these items. The government collects about $200 Billion per month in taxes and other revenue. It borrows another $130 Billion each month, money it will have to live without. The interest on the debt is about $2.5 Billion per month.
It seems that those in Washington do not want, or will not, cut spending in order to avoid raising the debt limit. It would be a simple matter to cut some expenses in order to pay Social Security and the military. I can think of a few: Cut government back to a 4 day work week with cuts in their pay. They are working for us, not us for them! Stop paying foreign aid for a time. Close some military bases overseas and bring the troops home. Shut down the Energy Department. It was started to decrease our dependence on foreign oil and since it was started we have increased our foreign oil imports. Bring every spending item in the present budget back for review. There are Billions that can be saved.
I am beginning to loose faith in our elected officials. Why they let Obama bully them into going against what most Americans want is something that I do not understand. It is time to draw a line in the sand and stand up to this bully!
There are ways to solve the debt problem without raising the debt ceiling. To do that will only make the problem worse. We are in this mess because our elected officials have spent more than we take in. I can’t make that work at my house, Can you?
Stan Elrod
Charlotte, NC
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