It's time for a little congressional financial intervention because I fear they are in denial? We don't have to increase the national debt; we could choose to limit our expenditures to the amount of our revenue.
Within in the past two years we have raised the debt ceiling another trillion dollars and it made no difference in our spending habits. When will this end? If we raise the debt ceiling again there is no incentive to change spending behavior. A time will come when we will not have the option to just print more fuzzy money.
I think it is time for an intervention. If Obama is the President of change and the GOP received the mandate to cut the budget, do it now.
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