Sharing my latest article on the above subject, please read and hare!
... raising US debt ceiling, allowing the US government to borrow money to pay for its obligations has been a standard procedure. In fact, since 1917 when the statuary limit was passed by US Congress, the US government raised the debt limit 78 times, 49 of which were under Republican administrations and 29 under a Democratic presidents... the US debt ceiling was raised, routinely, more by Republican than Democratic presidents. In fact, under the latest Republican president, Bush, federal spending rose from $1.9 trillion a year to $3.2 trillion. While under current Democratic president, federal spending went from $3.2 trillion to $3.8 trillion.
... The US can contribute to peace in the Middle East and save more than $50 billion in ten years if it cuts its superfluous aid granted to the non taxpaying state of Israel. US tax payers are certainly more deserving of the money than the subsidized illegal Israeli colonies over Palestinian land
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