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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (892231)	10/7/2015 9:53:00 PM
From: TimF	Respond to of 1575417

He will NOT raise the debt ceiling to cover debt we've already incurred Not that I'm big on using the debt ceiling as a way to manage budget battles, but you don't have to raise the debt ceiling to cover debt that's already been incurred. Interest and principal are less then federal revenue.

To: bentway who wrote (892231)	10/8/2015 12:48:25 AM
From: i-node	2 Recommendations Recommended By Bill TimF Read Replies (1) \| Respond to of 1575417

>> The interviewer tried to pin him down, but this is all going to happen, by some sort of Ben Carson magic! A Not pin him down. The interviewer stated a false premise and expected Carson to respond to it. I almost croaked when I read it: NPR Reporter today, interrogating Ben Carson: "This is debt that's already obligated. Would you not favor increasing the debt limit to pay the debts already incurred?" Reporters are idiots and this is absolute proof. The debt is NOT "already obligated" until the liability accrues and the debt ceiling is raised to accommodate it. This is the point of the damned debt ceiling in the first place. Carson's comments were precisely correct. In fact, I commented earlier and I stand by it, I can't find anything he's really been factually wrong about yet. He has positions I disagree with but he's pretty much been right about every significant fact he has been criticized by CNN for.