debt ceiling – The Musings of the Big Red Car

The Debt Ceiling Kabuki Dance

Big Red Car — Wed, 29 Sep 2021 05:28:07 +0000

Every few years, the United States rubs up against its mythical “debt ceiling,” a number which must be approved by the Congress to enable the Treasury to use debt to pay our national bills and conducts a ritualistic charade of acting like fiscally responsible adults — a bloody Kabuki dance. The debt ceiling is the […]

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Big Red Car The Debt Ceiling Kabuki Dance The Musings of the Big Red Car %%BLODDESCLINK%%

Sequestration, Entitlement Reform, Debt Ceiling and Other Fables

Big Red Car — Wed, 24 Jul 2013 11:53:36 +0000

Big Red Car here. Another beautiful Wednesday in the ATX. We’ll be topping 100F today but, hey, it’s July remember? [Haha, Big Red Car, the folks do not need to be reminded it’s July in Texas. They can feel it.] The real world is a very nice world and a substantial number of folks like […]

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Big Red Car Sequestration, Entitlement Reform, Debt Ceiling and Other Fables The Musings of the Big Red Car %%BLODDESCLINK%%

The Fiscal Cliff II

Big Red Car — Wed, 12 Dec 2012 03:16:38 +0000

Big Red Car here. So yesterday, we learned that the Fiscal Cliff is not a new bar in South Austin. But, really what the Hell is it? What’s really going on here? Tax increases and a few small spending cuts Sure we know it’s a bunch of expiring tax rates which create tax increases while […]

This post first appeared at The Musings of the Big Red Car
Big Red Car The Fiscal Cliff II The Musings of the Big Red Car %%BLODDESCLINK%%