Debt Ceiling Links

A quick hodgepodge of links to help understand the debt-ceiling debate:

*President Obama’s proposal to “reduce” the debt and “cut” spending is Washington-speak for an increase in the debt and more spending.

*The legality of debt ceilings.

*The risk of default explained.

*Probably the best article I’ve read explaining why tax increases are necessary to get ourselves out of the current budget mess.  This post, however, shows that tax increases are not necessary, just modest spending restraint, similar to what other countries had to endure.  You be the judge.

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