"Debt Ceiling" Myths Undone
David Rivkin and Lee Casey do a fantastic job in The Wall Street Journal of undoing three myths about the "debt ceiling" debate:
"The first is that Congress's failure to raise the debt ceiling -- the amount of money the federal government is authorized to borrow at any given time -- will cause a default on the national debt. The second is that federal entitlement programs are constitutionally protected from spending cuts. The third is that the president can raise the debt ceiling on his own."
NITP is one of ten Tea Parties in a 50-mile radius and meets monthly on the THIRD THURSDAY at 6:30pm, in the Community Center, 302 W. Main, in Rockton. Admission is always free and the public is invited.
Welcome to the Northern Illinois Tea Party
Papa Chips ............. 815-633-8300
Zoellic Consulting ... 815-540-5144
Larsen's Eye Care +...815-520-1303
The Wool Gathering..815-637-9666
Five Star Plumbing - 815-639-1016
BulletStop GunShop 815-654-7550