The United States spends about $52,000 a minute can you believe this? Now they want to raise the national debt limit. We are closing in on the national debt limit which is $14.3 trillion. They want to raise it by 2.23 trillion dollars. The reason given so we can borrow more money to pay the bills of our country. My question is why do we have to borrow money? The government takes in a lot of money they charge you for everything your taxes, immigration fees, licensing, and far too many more to list here. The last time we had a surplus was in the 1980s.
Why so much US debt? Under George Bush we raised the debt by $4.36 trillion. This was done to pay for the wars in Iraq and Afghanistan and he also made new tax cuts.
Under Obama we raise the debt by 3.9 trillion. To pay for the stimulus and there was less revenue coming in during the recession.
If you ran a business like the politicians run our country you would be bankrupt in short order we have to stop borrowing money and get our house in order. One of the ways to do this is start voting out the good old boys that are running this country for their own gain. I don't only blame Obama but also George Bush they are in the boat together. Let us take a look in 2012 to see who has to go from both parties we can't afford them anymore.
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