U.S. Treasury Secretary Jacob Lew indicates that if the United States does not extend the limit on the amount of money it can borrow, it will not be able to pay on its debt. I’m no math whiz but something here just doesn’t make sense. We have to go further into debt in order to pay our debt? Just maybe the government should tighten the country’s fiscal belt just a bit and work to get out of debt rather than just adding to it.
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