The fight to limit spending is a fight for the economy. I'll leave the research to those really interested. Current deficit is about 17.5 trillion. Do you know how much it was in 1980, 1990, 2000? Do you know what it was when Obama took office? Do you know how much of the GDP is just spent on servicing the debt?
Quick personal finance question.
If your interest payments were over 60% of your income before taxes, and you still had taxes, insurance payments, water bills, and other obligations, would you consider yourself a AAA credit risk? Would it make sense to continue to borrow to give charitable donations to your favorite cause?
Would it make sence to trim your spending to borrow less?
The great divide in the parties is No problem, borrow money and don't be late on payments for a fantastic credit score vs we need to curtail our spending as this is not sustainable as it will trigger hyper-inflation with plenty of examples of those who did this before.
Can we afford ACA?
If the middle class can't afford it, how can the poor?
If you have a choice between housing and insurance, which will you drop? Between food and insurance? Heat in the winter and Insurance.. Oh snap, insurance is now mandentory. Ok do you drop housing, food, heat, transportation?
Welcom to the welfare state. You voted for it.