Why don’t the government treat its budget like most households by tightening its spending habits? We are hearing “solutions” like increase taxes, but the consumers haven’t heard about cutting expenses. The only possible expense that may occur is Social Security and Medicare. Wow!!!
In case you’re wondering how the debt ceiling occurred we found a great video to explain.
It seems that we have reached our limits. If this was a consumer we would be forced to make financial adjustments.
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Reported by Bahiyah Shabazz, MBA