Texas Straight Talk ~ A Weekly Column
Congressman Ron Paul
New Every Monday at
http://www.house.gov/paul
or phone 1-888-322-1414 for recorded message.
VIDEO (4:06): http://www.youtube.com/user/minnesot.../5/Rr_8_Mo9YUE
February 08, 2010: "More Spending is Always the Answer"
Last week, the House approved another increase in the national debt ceiling. This means the government can borrow $1.9 trillion more to stay afloat and avoid default. It has been little more than a year since the last debt limit increase, and graphs showing the debt limit over time show a steep, almost vertical trend. It is not likely to be very long before this new ceiling is met and the government is back on the brink between default and borrowing us further into oblivion. Congressional leaders and the administration acknowledge that the debt limit will need to be…
Continues: http://www.house.gov/htbin/blog_inc?...ngdetail.shtml