Thursday, February 4, 2010

Wilson Votes to Increase Debt Limit, DOW Tanks

As part of H.J. Res. 45, Wilson has voted to increase our national debt ceiling another 1.9 Trillion dollars. That is equivalent to $6,000 per U.S. citizen on top of the already $40,000 debt per person that existed before today's vote.  Where is the fiscal conservative blue dog?  Where is the fiscal responsibility?  Has anyone living in the capital bubble noticed the DOW tanking today?! (Granted, new unemployment claims jumped and a bad jobless report is expected tomorrow.  And something few are talking about--Moody's warns about U.S. credit rating dropping!)

BTW, not surprisingly, this vote was almost completely along party lines--217 (ALL Demcrats) to 212 (175 Repubs. and 37 Dems.)  With our neighboring Congressman, Ryan, also voting yes.  However, Zach Space, who knows he's probably toast in the Fall election, was one of the 37 Democrat "nays."

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