Quote of the Day
"There’s no such thing as a debt ceiling in this country because it’s never been not increased, and that’s why we’re $17 trillion in debt. And I would dispel therumor that’s going around that you hear onevery newscast that if we don’t raise the debt ceiling, we’ll default on our debt -- we won’t. We’ll continue to pay our interest, we’ll continueto redeem bonds, and we’ll issue new bonds to replace those." Sen. Tom Coburn, on CBS This Morning I hope Sen. Coburn enjoys living in the land of make believe.
Labels: debt ceiling, federal budget, tom coburn
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