Home > Main > Debt Ceiling Deal means any new stimulus will cause Debt ceiling battle in the middle of 2012 elections.

Debt Ceiling Deal means any new stimulus will cause Debt ceiling battle in the middle of 2012 elections.

August 3, 2011

It’s a no-brainer, but raising the debt ceiling until March of 2013 doesn’t give any room for additional stimulus if economy tanks.

And we’re getting a payroll tax hike, just in time to make the recession worse!  That’s right, the payroll tax cut expires with this deal.

Way to go, team Obama!

 

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