On CNBC last night, I participated in a discussion about America's debt and debt ceiling problems -- which are inextricably linked, despite the Left's bizarre insistence that they're two separate and distinct issues. I made the overtly partisan statement that Republicans are the only political actors in Washington who are even remotely serious about dealing with the debt crisis -- and the Democrat on the panel seemed determined to prove me right. Most of the fireworks came toward the end of the exchange, when Democratic strategist Mark Hannah decided to go the full hack. He began by attacking House Republicans...
Pass the debt ceiling increase for two years with the understanding that it will not happen again without a budget set on cutting spending to balance the budget. The cuts can come from discretionary spending like not spending $2.2 Billion per year to support Amtrac which nobody rides or $167 million on the National Endowment for the Arts and so on or it can come from Entitlement Reform but regardless of where it comes from DEFICITS during Peace Time are over.
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