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Rand Paul Will Filibuster Over Debt Ceiling

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lostlakehiker7/03/2011 5:25:37 pm PDT

re: #7 aagcobb

This just goes to show that this whole “debt crisis” is bogus, since such a large percentage of the “debt” is owed by the federal government to itself.

It’s not bogus. The U.S. is borrowing money at a clip equivalent to a family with an income of $50K but spending $80K a year. That kind of trend will sink you hopelessly into debt within a decade.