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Reply to "Republicans and the debt ceiling "
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[quote=Anonymous][quote=Anonymous] 20 percent cut across the board. All checks and payments cut 20 percent. It’s the only way to do it without wasting time with incessant whining.[/quote] The bond holders are not going to take a 20% haircut. Also, the Republicans loudly declared during the State of the Union that they will not entertain the notion of cutting Social Security or Medicare. In fact, they were offended by the idea that they might want to do this. [/quote]
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