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bigapple1963

(111 posts)
3. ok
Mon Jan 14, 2013, 12:47 PM
Jan 2013

if you want to get technical

the household analogy to the Republicans' plan is to continue to use the existing credit cards as debt (since no one is talking about actually paying down the deficit) but stop charging to the credit cards (not increasing the debt limit) for previously-planned expenditures or for interest payments on previous credit card balance *unless* cuts are made to projected future expenditures.


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