Thursday, June 2, 2011

If Not Now, When?

Why should Congress vote to increase the debt ceiling and simply kick the can down the road? Is there some date out there where it becomes politically easier to change the trajectory of spending? If you are really going to slow the rate of spending, it needs to begin now. Those who want a "clean debt limit increase" are also those who want to increase spending levels.

Congress should vote no on increasing the debt limit. It has to begin somewhere, sometime. Why not now?