Quote:
Originally Posted by IllTestYourGirls
Why is the left so in love with the federal reserve? We do not need to raise the debt limit. We need to demand the fed forgive the debt it bought, with our money that it printed and gave itself, and stop paying interest on our current debt to the fed, with our money that they printed and lent out. After all it is our money, not the feds. This would free up tons of money and hold us over until we can actually cut the budget and balance the budget.
Edit: Just so you know I am not calling Buffett a leftist, I know he is on the right.
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At this point, I think everyone is on board with spending cuts. However, the democrats want tax hikes to help close the gap, and the Republicans are very against this (they will look like a bunch of liars in the next vote since they won a lot on no tax hikes).