Currently the US debt is just over 16.4 Trillion Dollars. Obama wants no restrictions on the Debt Ceiling so he can just raise it to whatever number he wants. Okay let's give him unlimited authority with the condition that every dollar raised must see spending reduced by an equal amount over the next 10 years. Thus if the Debt Ceiling is raised by 2 Trillion then there should be 2 Trillion in "Real" Spending Cuts during the next 10 years which is 200 Billion a year starting with 2013.
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