Saturday, July 30, 2011

Dem: US would have lost WWII if 'cut, cap and balance' had been in effect - The Hill's Floor Action


You would be speaking German, Japanese or Russian if this balanced-budget amendment was in effect during World War II and during the Cold War," Braley said. He said U.S. debt reached 120 percent of U.S. gross domestic product in order to finance the war, and argued that this would have been more difficult under the House bill.

---Sent from Steve's iPad...

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