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View Diary: Gang of Six cuts Social Security, cuts corporate tax rates, eliminates CLASS Act (163 comments)

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  •  OF course I don't want a default. (0+ / 0-)

    It would ruin us all.  I just don't like the way this bill is structured--the sacrifice is "shared" by everyone except those who can afford it.

    I don't believe the GOP leadership would risk a default; Wall Street won't allow it(their Tea Party freshman don't have enough numbers to call the shots on their own).  They have to accept either a clean bill (the most likely) or one that can get enough Democratic votes to pass.  We don't have to accept a deal like this to avoid default.

    Sometimes I wonder whether the world is being run by smart people who are putting us on or by imbeciles who really mean it. --Mark Twain

    by SottoVoce on Thu Jul 21, 2011 at 05:25:08 AM PDT

    [ Parent ]

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