bassman21 wrote:
http://www.youtube.com/watch?v=3OJhrW7pWiw
http://www.cbsnews.com/8301-503544_162-20078418-503544.html
The government may not be able to make the minimum payment on the debt next month. If this happens it could mean big economic problems. Rather than cutting spending Obama wants to raise the debt ceiling. He also wants to raise taxes which will just raise the cost of everything and cost more jobs.
Can I do that with my credit card bills to lower my payment?