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Politics : Sioux Nation -- Ignore unavailable to you. Want to Upgrade?


To: T L Comiskey who wrote (143781)9/9/2008 5:02:37 PM
From: geode00  Respond to of 361214
 
Always in the works: US debt gets downgraded due to increased risk of default....could happen.

How can this not lead to increased taxation to cover the massive Republican faltering economy debt? We already have a negative savings rate, what happens when taxes go up across the board to pay for Iraq, Fannie, Freddie, Afghanistan and now Pakistan?