Thursday, June 30, 2011

Bachmann Says ‘Scare Tactics’ Are Being Used In The Debt Ceiling Debate

by Personal Liberty News Desk

Representative Michele Bachmann (R-Minn.) said those warning of economic disaster if the debt ceiling is not raised are using “scare tactics.”

The Congresswoman, who recently announced her intention to seek the Republican nomination for the Presidency, said that if the United States paid down the interest on its debt, it could avoid defaulting on its obligations. However, Treasury Secretary Timothy Geithner told the House Small Business Committee that such a solution is “unworkable.”

Some government officials say that if the debt ceiling is not raised beyond its current standing at $14.3 trillion by Aug. 2, the economic consequences of an American default could be profound.



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3 comments:

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  2. keep drinking out of bpa juice boxes, plastic containers and continue to be feminized, they planned it that way,

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  3. Can she just go away. Can we just have some people run who can lead. This woman doesn't have a single thing to show for her time in office other then cheerleading for the tea party. We deserve what we get. We elected this nut case.

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