Debt Limit Analysis: Bipartisan Policy Center

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Remember when we used to give food aid to foreign nations?

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Now China is preparing to send those U.S. Federal Employees that are laid off effective tuesday some aid:

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Remember when we used to give food aid to foreign nations?
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Now China is preparing to send those U.S. Federal Employees that are laid off effective tuesday some aid:
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There is probably more guarantee that the U.S. would get any food distributed than those foreign nations did. The Berlin Airlift was probably the last time any US food made it to the intended recipients...
But, there is the chance that it would go to our the Food Banks and you can take your turn registering & getting in line there....
I work there, so don't expect to have to stand in line.... But I still have more than 99.9% of the folks I assist.
 
When the government had a `shut-down' back in the early '90's, one of my single parent kids was on AL - with no guarentee her job would be there when the faldaraw was over. The local groceries, pharmacies, utilities made sure everyone knew no bank accounts would go into overdraft, had the local federal employees on their minds. The difference today is, most letters to the editor want fed employees to give up their Soc Sec benefits, their medicare, if working pay more in, and want their salaries cut, regardless if (as here) the fed salaries are in competition with the locals as we aren't allowed to `undercut' them - ...
Hopefull the benefits of a pulling together communiity, that has grown into a mega-metropolis since the '90s, is still there. :)
 
This sounds like a fair compromise.

  1. The House has passed a budget.
  2. The Senate must pass a budget.
  3. The President signs that budget.
  4. Congress passes a new debt limit based on that budget.
Simple, eh...

Are we going to have to go through another year without a budget?

And, when the simple annual tasks noted above are completed we start authorizing money using that budget. I don't have a website that tracks authorization. I can see spending month to month, but not authorizations. Authorizations are the name of the game. That is where the bloat starts.
 
I make $50,000 a year, spend $75,000 a year, and have a credit card balance of $175,000. I can not work any more hours than I do now unless I take the money from someone else.

How do I realistically get out of this mess without hurting anyone or stealing the money?
 
I make $50,000 a year, spend $75,000 a year, and have a credit card balance of $175,000. I can not work any more hours than I do now unless I take the money from someone else.

How do I realistically get out of this mess without hurting anyone or stealing the money?

Well, I was going to suggest filing for bankruptcy, but that ends up hurting the creditors so that won't do.

I guess the only answer is to spend significantly less than you make and hope the payday loan folks will work with you while you make progress on the balance due.
 
New overnight law. Seize passports of 400 richest Americans and put them under house arrest. Confiscate tomorrow all their assets. Issue them WIC cards. Issue them Medicaid cards. Appoint number two's as in charge of their operations so the workers won't be hurt. Now, how many days are we able to operate? Ok, second tranche takes the number two's. Are we into September yet?

Then again, we could eschew the above philosophy and instead extol the virtues of human ingenuity vice dependence.
http://inhabitat.com/incredible-garbage-city-rises-outside-of-cairo/
 
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