Raise the Debt Ceiling Absolutely Not

[jackie menconi]

Dear Fellow Conservative:
 
I'm writing to share an important Wall Street Journal op-ed written by newly-elected Senator Pat Toomey (R-PA), which outlines how we can freeze the debt ceiling without defaulting on our debt obligations. Senator Toomey's argument is nothing short of a game changer in the debt limit debate.
 
Senator Toomey correctly points out that if the debt limit is reached later this year, the government will still have plenty of money to service the national debt. He writes,
 
"In fact, if Congress refuses to raise the debt ceiling, the federal government will still have far more than enough money to fully service our debt. Next year, for instance, about 6.5% of all projected federal government expenditures will go to interest on our debt, and tax revenue is projected to cover about 67% of all government expenditures. With roughly 10 times more income than needed to honor our debt obligations, why would we ever default?"

 

Contact our Reps. their is no need to raise the Debt Ceiling.  The Dems are crying Chicken Little.  Cut the spending

not raise the Debt.