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View Diary: House Republicans will bring back piecemeal spending bills (88 comments)

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  •  Different entirely (0+ / 0-)

    The budget resolution is for money we want to spend, the debt ceiling is about money already spent.  Default on that and suddenly the interest on treasuries goes up -- just like the APR on your credit card goes up if you miss a payment.  If that happens, it sends ripples throughout financial markets worldwide.  No telling where it will end.

    I'll believe corporations are people when one comes home from Afghanistan in a body bag.

    by mojo11 on Wed Oct 02, 2013 at 12:45:03 PM PDT

    [ Parent ]

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