Thursday, September 26, 2013

U.S. Is Broke, Can't Afford to Raise the Debt Ceiling

Mark Matheny
September 26, 2013

Obama is claiming that raising the Debt Ceiling in the U.S. doesn't raise the debt. We know however that over the last 100 times that Congress raised the debt ceiling, our debt has increased with it. Peter Schiff is saying that the U.S. is so broke we are not in a position to raise the debt ceiling anymore.

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