I have been waiting for a phrase to hit the media and it happened - TopicsExpress



          

I have been waiting for a phrase to hit the media and it happened sooner than I had expected "we are reaching our debt ceiling". Granted its taken a backseat to 24/7 Syria buildup but its out there now. Reuters points out today that the Syrian conflict will distract Congress from dealing with the fast approaching debt ceiling or "fiscal cliff" that keeps getting steeper as lawmakers continue to put off dealing with budgetary concerns: "A vote in Congress over whether to launch U.S. attacks against Syria is expected to wreak collateral damage - leaving too little time on Capitol Hill to deal with fast-approaching fall deadlines to fund government agencies and raise the debt limit." Congress has not passed a budget in over three years and repeatedly fails to control the purse strings, though it is one of their primary duties under the Constitution. Read more at activistpost/2013/09/6-important-stories-silenced-by-syria.html#Girt3Pj9ZyYArddU.99
Posted on: Tue, 03 Sep 2013 02:50:59 +0000

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