Congress is ready to send President Bush an $800 billion debt limit increase, a testament to the massive federal deficits that have marked his administration.
With no alternative but an unprecedented federal default, the House planned to vote Thursday to boost the debt ceiling from its current $7.38 trillion level, following Senate passage Wednesday. The government reached the cap last month, paying its bills since with cash from a civil service retirement account, which it plans to repay[...]
Not a single Republican spoke during debate on the debt limit bill, reflecting how politically uncomfortable the measure is for them. That discomfort was highlighted when they refused to bring the bill to a vote before the elections.
These greedy bastards have no problem with looting the U.S. treasury for their rich buddies, but not a single one of them will step forward to admit what they're doing. I can't believe how these thieves continue to gain in popularity among middle class America while simultaneously robbing us blind and sticking the bill to our children and our grand-children.