The US Debt Crisis: More FAQs Than You Need
Introduction So. The United States faces the possibility of defaulting on its debts. That’s something that might happen in, oh let’s say, Haiti. And it’s kind of a big deal. Your Congress and the White House struggle in vain to negotiate a deal that would prevent a default. Democrats and Republicans have repeatedly failed to agree on spending cuts. Not gonna happen. Meanwhile, Tea Party-sponsored lawmakers agree only that taxes are worse than immigrants, closing tax loopholes leads to heroin addiction, and Reagan would never do that, although he did exactly that um, about a dozen times. Oh, and it seems that nearly every bonehead on Capitol Hill is making his or her own debt proposal which don’t stand a chance in hell of doing anything except making underpaid staffers pull all-nighters and have to work on weekends. Thank you for your service, kids. Just the FAQs, Ma’am During these difficult and challenging times, persistent questions about what will happen next continue to swirl