What a pile of bull came out of O's mouth tonight, balanced approach my ass. Do people out there really believe that pack of lies.
The way I see it is that the debt ceiling seems to be the only way to hold back government spending, seems to be the only tool left in the box. Not even the republicans, their "cuts" are mostly just smoke and mirrors, they still project spending and debt to rise and rise without limits as far as the eye can see. They are only cutting the rate at witch the government grows, not cutting one penny out of any budget. You might notice that the word budget did not appear in any of the speeches..