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steelpiston71

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steelpiston71

Re: coinmaker post# 25596

Tuesday, 07/19/2011 12:20:49 PM

Tuesday, July 19, 2011 12:20:49 PM

Post# of 35736
Coin, the debt ceiling is not about default or "U.S. will not be able to pay it's debt". One can only default on loans and entitlements are not debt. The interest on the loans is easily covered by tax revenues almost 10 fold.

This is about paying on entitlements and Defense.
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