Monday, July 11, 2011

Debt Ceiling Dance

Congress is moving to an interesting dance craze these days, "The Debt Ceiling Dance":

"You cut $1 billion here

You tax $1 billion there.

You talk a little, balk a little, then angrily storm out.

You do the Debt Ceiling Dance, and you bicker all around.

That's what it's all about."

Unfortunately, while Congress dances, the United States burns billions less than the country takes in daily from taxes and other revenue streams.

Let's get serious about fiscal solvency in this country. By now, both parties should be interested in balanced budgets, lowering the national debt, and shrinking annual deficits which our fiscal well-being.

If both sides of the aisle cannot reach meaningful compromise on reducing the debt and raising the debt ceiling, we all may be singing a more rueful tune:

"Political impasses,

A budget never passes.

Default, Default

We all go broke".

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