Debt Ceiling and Deficit

Yesterday I referred to the deficit in a way that made it seem the same as the debt ceiling. After researching the subject a bit further it appears, in truth, that the debt ceiling has nothing to do with the budget and our massive deficit.

The two issues are separate and Republicans are using the budget expenditures to negotiate an increase in the debt ceiling....and Obama is participating in the negotiation by offering future cuts in Social Security, Medicare and Medicaid.

And then there are 87 freshman Republicans, many who claim to be in office because of The Tea Party, who claim not to be interested in being re-elected. That puts a group of people in political offices who don't really care about their political future....and while that might prove worthwhile in the long run, it also might prove disastrous in the short term. Many, if not all of those 87, say that will not vote for a increase in the debt ceiling unless the Obama Care health plan is eliminated. Actually that might be Michele Bachmann who said that, but she is a Tea Party leader....is she not?

Much of the debate also seems to be centered on increased taxation for the wealthy. What I don't hear enough about is how to close loop holes for Corporruptions. Just a reminder/ General Electric paid no corporate taxes in 2010......ZERO!

I suspect that wealthy individuals don't want their taxes raised....but at least they can deal with it.....without missing a rent or mortgage payment, forfeiting a meal or missing a doctor's appointment.

THE IDEA OF PENALIZING PEOPLE WHO ARE RECEIVING SOCIAL SECURITY, MEDICARE AND MEDICAID IS SIMPLY RIDICULOUS.

GENERALLY THESE PEOPLE ARE OLDER, POORER AND UNHEALTHIER.

I fully agree that spending is out of control but I keep looking toward our involvement in other parts of the world and can't understand why the cost of participating in nation building in places where we don't belong......never becomes part of the budget dialogue.

I suspect that the debt ceiling issue will dominate our news in the next 30 days.

I hope the American public takes an interest in the battle and I hope we all learn a bit more about political maneuvering and political bullshit.

IT'S QUITE HARD TO TELL ONE FROM THE OTHER.

But taking money away from the disenfranchised , the elderly and the sickly people of this country is not a solution to over spending....and if you think it is then you are most likely a proud member of the Republican Party.

IS IT REALLY A PARTY WHEN THE ONLY PEOPLE WHO ARE TARGETED ARE THE POOREST PEOPLE IN THE COUNTRY? Sounds more like a slow execution.

There shall be more on the DEBT CEILING because it will get uglier and uglier before August 2nd.

Michael Timothy McAlevey