Congress Reaches Debt Deal

[onebrwn]

WISH NO DEAL WAS MET AND OBAMA BECAME A DICTATOR

 

[TashTash]

nice cliRAB mount rushmore

 

[Anish D]

This was all to passify the stock market

 

[mike_camuglia2000]

House voting now

 

[rkv020407]

Hooray for more debt!

 

[Rev. wing wang woo woo]

[No message]

 

[brandyd7]

it passed the house

 

[ShowxNoxFear]

sounRAB like revelations coming true bro

 

[ierullo]

I GOT MY GUNS AND AMMO READY SON

 

[AnimeGoddess893]

barack mother fucking hussein obama comes through in the clutch like a BAUCE

 

[*{-Lily(<3)Rain-}*]

Sorry but cuts over 10 years are not going to happen. They are all backloaded. Even if they were evenly distributed, 240b isn't enough. We are deficit spending 1700 billion a year

 

[MC Slish]

Good, we should be spending more.

In response to this "deal":

“Unemployment will be higher than it would have been otherwise. Growth will be lower than it would be otherwise. And inequality will be worse than it would be otherwise,” Mohamed El-Erian, chief executive of the bond investment firm Pimco, said Sunday on ABC. “We have a very weak economy, so withdrawing more spending at this stage will make it even weaker.”

You idiots don't have to listen to me, but El-Erian might know a thing or two.

 

[Tee hee heee...wait WHAT?]

[No message]

 

[Andi C]

Is this a permanent elevation of the debt ceiling? Or only a temporary one (like it matters)

 

[nicklebie]

they are all temporary

 

[matthewtmadden]

This is good. A lot of work left to do but this is a step in the right direction.

 

[Real Deal]

they plan also make congress form a committee to figure out more cuts by noveraber.

 

[kids J]

"legislative package that would extend the federal debt ceiling while cutting spending and guaranteeing further deficit-reduction steps."

http://www.cnn.com/2011/POLITICS/07/31/debt.talks/index.html?iref=BN1&hpt=hp_t1

 

[MELANiE♥]

what about the tax issue?

 

[Wicca 4 life]

awwww the kiRAB played well together today