Seriously, that is what Tea Party Rep. Paul Broun (GA) wants to do! Check out his reasoning as explained to Andrea Mitchell:
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Broun: I introduced a bill to lower the debt ceiling, not raise it. And i just think raising the debt ceiling is not the way to go. We need to lower it. We need to pay off the debt. We need to deal with the debt and we need to create a stronger economy. We just disagree on the tactics here. We both want to get to the same end result. That’s to create jobs out in the — throughout America.
Mitchell: Congressman, when you talk about lowering the debt ceiling, the debt ceiling is being raised to pay for money that has been appropriated by this Congress and previous Congresses, but in particular by this Congress. You’re paying for what has already been charged not for future expenses.
Broun: Well, Andrea, the thing is, when someone is overextended and broke, they don’t continue paying for expensive automobiles; they sell the expensive automobiles and buy a cheaper one. They don’t continue paying for country club dues, they drop out of the country club.
Yeah, because that’ll work if you’re unemployed or underpaid — just drop out of the country club and stop buying all those expensive cars. Why didn’t I think of that? So, when does the Federal Government cancel it’s country club memberships? I’ll bet the savings would be ginormous!
