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<blockquote data-quote="bbsam" data-source="post: 796626" data-attributes="member: 22662"><p>Good theory. Now for a few reality points. </p><p>1) The United States will never, ever, default on it's debt.</p><p>2) Without <strong>deep</strong> cuts in SS, Medicare, and Defense, we can't even begin to look at debt reduction.</p><p>3) Those cuts are political suicide, so...</p><p>4) The debt ceiling will be raised and small to modest cuts will be made.</p></blockquote><p></p>
[QUOTE="bbsam, post: 796626, member: 22662"] Good theory. Now for a few reality points. 1) The United States will never, ever, default on it's debt. 2) Without [B]deep[/B] cuts in SS, Medicare, and Defense, we can't even begin to look at debt reduction. 3) Those cuts are political suicide, so... 4) The debt ceiling will be raised and small to modest cuts will be made. [/QUOTE]
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