Debt Ceiling

The joined States Debt Ceiling Darien Jenkins COMM/215 The coupled States Debt Ceiling Some has likened the United States current debt hassles as the Titanic. A foreboding doom that leave alone affect each citizen in America. One may ask about where and who this problem started with, wizard will probably invite different answers. Currently, the United States credit is maxed out and credit rating could be stirred even if payments continues to be made. It has also been said by the chairman that even Social Security and Medicare recipients may not obtain their money if the two August deadline is not met to raise the debt ceiling. tough choices will need to be made by the United States government officials, and in the end holding on to ones fundamental beliefs with no compromise could be poisonous to the United States as a major player in the world. To keep what is best for the American people in psyche and not ones political goals or aspirations when make decisions on the debt crisis should be the number one priority for choose officials. The United States was noted to hit the debt ceiling on may 16 (Sahadi, 2011).

The debt ceiling as described by Sahadi (2011), A cap set by congress on the number of debt the federal government can legally borrow. The cap applies to debt owed to the human race plus debt owed to federal government trust funds such as those for Social Security and Medicare (United States Hits Debt Ceiling, para. 9). Currently the United States sits at $14.3 zillion dollar debt ceiling (Jaffe, 2011). The United States Congress adjure to raise that ceiling between $2 - $4 trillion dollars so the United States can pay its bills. Those extra dollars will come from taxes and cuts to programs. With this, the disconnect begins with the political parties. Most republicans seem to confide that tax cuts pay for themselves (Swonk,... If you want to get a teeming essay, order it on our website: Orderessay

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