How to Solve the National Debt Ceiling 'Crisis'

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i think that re electing obama was a huge mistake, this means that we are going to be run by a mostly democratic or Liberal goverment which is not fair to all. Obviously if obama hasnt done anything to improve the econaomy in the first four years why give him a second term.

maggie of OH 8:42AM November 30, 2012

Add 1 penny to every item imported. Think about it- 1 penny. Add it all up-over a few

years we could wipe out the national debt-providing politicians do not dip into the revenue for other things.

Ella of IL 7:56PM November 04, 2012

If they couldn',t have taken the excess monies out of the pot when there was an excess, we would have money to pay the ss checks. But no, our Government used the money for other things (which we were never told what it was used for) instead of investing it and drawing more money for the pot like the Company Retirement plans did. So again our Government spent everything they could get their hands on. Now were in the hole as deep as we can be,they now have the answer,take away these programs,tax the people more,get more money so we can spend it on only God knows what.We need to reign in the spending that our government does. They need an over sight commitee to answer to (but that would just be more fingers in the pot). I've always found that people spending other peoples money have no control. This is the definition of Government.

Nellie Evans of OH 2:33PM April 27, 2011

I have a friend who recently "medically" retired from a long employment at age 55. He receives his full company retirement. In addition, he also "qualifies" for over $2000 per month Disability. (His disability lies only in his inablity to lift heavy objects. There are a number of jobs he could still perform.) His wife, who is much younger, working and healthy qualifies for over $700 per month "disability" without ANY sort of physical disability! It all comes to around three grand a month.

If I retired today, after working my entire life, my SS would be about $1200 per month. But I don't get to retire for about twelve more years.

What's wrong with this picture?

Hog Ryder of AL 11:28AM April 27, 2011

My employer matched my so called contributions for 40 years of work. Social security tells me this money gained interest. That’s some sum.

Those BAD, greedy insurance companies have similar plans. Without government stealing the piggy bank, are in black. Paying their policy holders their checks, even with longer life.

My cuts would be to the unearned, maggot squatters on government’s gravy train payroll...

Bill Hedges of MO 12:16AM April 27, 2011

"'Why not,' they ask, 'exclude debt held in federal accounts from the debt limit?'”

Soooo... you're advocating that we encourage MORE theft from funds meant for the SS trust fund?

My initial gut reaction was that it's an idiotic idea. Upon further review, however, it will kill Social Security quicker. I mean, SS should be dismantled before it takes the country down with it, but that's not a politically viable option. This plan could potentially gain traction as it sounds "reasonable", and would take down SS faster than letting it die its natural death... that's clever.

Hell, I'm on board!

Rich of CO 10:12PM April 26, 2011

Liberals are ec·stat·ic !!! barry wants to raise the bar even higher in his $$$ trillion’s more debt budget proposal.

What has barry learned ? Well, Easter Sunday barry went to a church, with a pastor who is in the mold of Rev. Wright. Am sure barry got a good nap and heard NOTHING !!! As Bill O’ said, “BAD Judgment”...

Bill Hedges of MO 8:14PM April 26, 2011

Let's just wrap the SS debt (which isn't real anyway) into securities, give it a AAA rating and sell it to China, Asia, Europe and the rest of the world. This way we make SS immediately solvent, kick the can down the road even farther and then default at a later date. Problem solved!

Didn't this just happen? Greece anyone?

BTW - this would be considered fraud in the private sector with serious time in jail.

This is 6th grade math folks. DC and now some economist revert to financial engineering to hide the truth. This type of crap will take this country to its knees.

After all our deficit spending is just a distraction and can be sustained if you cover both eyes and turn off your brain. Unbelievalbe.

Ray of TX 2:06PM April 26, 2011

All that this would accomplish would be to allow the idiots in Congress to further justify kicking the can down the road a bit longer instead of addressing the problem.

junior of DC 11:02AM April 26, 2011

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Peter Roff

Peter Roff

Peter Roff is a contributing editor at U.S. News & World Report. Formerly a senior political writer for United Press International, he’s now affiliated with several public policy organizations including Let Freedom Ring, and Frontiers of Freedom. His writing has appeared in National Review, Fox News’ opinion section, The Daily Caller, Politico and elsewhere. Follow him on Twitter @PeterRoff.

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