Now the Republican House of Representatives won’t pass the debt-ceiling increase needed just to keep the country running, paying the troops serving the U.S. in the two wars they started, paying for Social Security folks have already funded, etc., and won’t rescind the tax increase for the rich, an action which might in and of itself make the deb-ceiling increase unnecessary.
Tax cuts for the rich are to continue while across our land spending cuts are already eliminating positions for people who teach our kids, good local government projects, and other benefits for us average middle class citizens.
If the House Republicans won’t pass the debt-ceiling increase by the Aug. 2 deadline, our government won’t be able to borrow and will cease to function. Any stock holdings you have will surely tank in addition to the many other cataclysmic happenings that will follow, so you may want to contact our Republican representative in the House and urge him to vote “yes” on any reasonable settlement.
— John Hoermann, Grand Haven