The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label kick the can. Show all posts
Showing posts with label kick the can. Show all posts

Thursday, October 10, 2013

Boehner offering to kick the debt ceiling can down the road for six weeks

As the government shutdown moves into its second week, and the debt ceiling deadline grows ever closer, Congress is offering a new kick the can solution to fund the government for six weeks in an attempt to buy more time to resolve the budget and borrowing issues that have stifled the country.  On Oct. 10, Speaker of the House John Boehner held a press conference to offer a new resolution that would provide clean funding to the government to cover debt obligations through Nov. 22, and to provide more time for the stalemated parties to come to an agreement on several major issues.


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Wednesday, January 2, 2013

Congress kicks can for six to eight weeks with 11th hour tax bill

As the stocks markets jump on Jan. 2 in the aftermath of the 11th hour fiscal cliff tax agreement passed by Congress last night, the final consequences will not be seen for at least six to eight weeks when legislators are forced to deal with the debt ceiling, and potential spending cuts.  In fact, the showdown between Congress and the President appears to be looming large as Barack Obama declared there would be no room for negotiation on adding more debt, and Congress appears likely to once again give in without receiving any cuts to the ever-expanding Federal budget.



This sentiment was validated by CME trader Rick Santelli on CNBC earlier today, and he shows no surprise in Congress's inability to accomplish the task of fiscal responsibility.