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Alt 08-04-2017, 20:54   #2
Benjamin
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Registriert seit: Mar 2004
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Zitat:
When the national debt ceiling's suspension was automatically lifted March 15, yet another countdown commenced. Congress will be compelled to raise the government's borrowing limit again before April 28 and fund the government.
Zitat:
First, all we can hope for is that Congress will meet the April 28 deadline without too much drama.
Zitat:
To be sure, Congress will have no choice but to raise the debt ceiling and must not default. However, it would be irresponsible for lawmakers to increase the ability of the government to accumulate more debt without implementing some institutional or budget constraint reform as part of this effort.
Zitat:
The best place to start would be a cap on all spending or a strict cut-as-you-go system. It might force reluctant lawmakers to reform Medicare and Social Security rather than subject the programs to arbitrary across-the-board cuts.

However, that would be only a short-term remedy.

What needs to happen is a fundamental reform of the programs that are growing out of control and redistributing massive amounts of wealth from the relatively younger and poorer in society to the relatively older and richer.

Short of that, we won't address our debt issue and will have to deal with the main consequences — namely, higher taxes and even slower growth.
Quelle:
Veronique de Rugy: Is the Sky the Limit for the Debt Ceiling?
By Veronique de Rugy | April 7, 2017 , https://www.noozhawk.com/article/ver...e_debt_ceiling
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