Get ready for the politically (and potentially economically) wrenching vote over the raise of the debt ceiling.
Alan Simpson, the former Senator who is on the Deficit Commission is warning of big-time trouble.
“It won’t matter whether two of us have signed this or 14 or 18. When debt limit time comes they are going to look around and say, ‘What in the hell do we do now?” said Alan Simpson, a former Republican senator from Wyoming.
“We’ve got guys who will not approve the debt limit extension unless we give them a piece of meat, real meat, off this package. And boy, the bloodbath will be extraordinary. They’ll say, ‘Well how the hell do you get meat off this package?’ And they’ll say, ‘A couple of jerks did something for eight months and it’s laying out there. Go look at it. It’s written in English. No wizardry in it,” Simpson said, speaking with reporters at a breakfast in Washington sponsored by the Christian Science Monitor.
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