Obama, Congress reach a debt deal...

Is it true there are ~$2.1 trillion in cuts and $7 trillion in new debt over the next 10 years.

Is it true the "Super Congress" or super committee will be the old guard with seniority that have been buying votes all these years with pork barrell spending and now will have filibuster proof power, etc, etc.

Can that committee do more than "fix" our budget woes, being super and all?

http://gunowners.org/a08012011.htm
 
Im not very political or wise lol, but wont raising the ceiling allow more debt just to have to raise the ceiling again in the future? I would also think it allows banks and companies to lend more money to unqualified people, just writing it off to the gov when the person cant afford to pay it? Or am I wrong
 
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