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S&P Cuts US Credit Rating to AA+
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<blockquote data-quote="klein" data-source="post: 864516" data-attributes="member: 23950"><p>You are right in History !</p><p>It was the first time another budget was needed just to raise the debt ceiling. It has never been done before, nor ever been asked to be done.</p><p>First try - and it FAILED !</p><p></p><p>If more Tea party members are voted in, and the Republican party wins next election, this theatre will still continue, as the Tea Party is against any sort of raising the debt ceiling, no matter at what costs !</p><p></p><p>It all could have been avoided , just by getting rid of those Bush Tax cuts for the rich !</p><p>Or atleast compromise and add 1% to all State sales taxes, and each State could have giving the rich that extra revenue.</p><p>It would work out to a Trillion.</p></blockquote><p></p>
[QUOTE="klein, post: 864516, member: 23950"] You are right in History ! It was the first time another budget was needed just to raise the debt ceiling. It has never been done before, nor ever been asked to be done. First try - and it FAILED ! If more Tea party members are voted in, and the Republican party wins next election, this theatre will still continue, as the Tea Party is against any sort of raising the debt ceiling, no matter at what costs ! It all could have been avoided , just by getting rid of those Bush Tax cuts for the rich ! Or atleast compromise and add 1% to all State sales taxes, and each State could have giving the rich that extra revenue. It would work out to a Trillion. [/QUOTE]
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