Raise the Federal Debt Limit?

Open e-mail to Representative Neugebauer:

Randy,

Your question of the week was, "If the government does not raise the debt ceiling and defaults on its loans and other payments, do you believe you and your family will be affected?"

Not a good question. Everything that government does affects every resident of the United States and probably most residents of the world in some way or another. If the government does not raise the debt ceiling, it will affect us. If the government does raise the debt ceiling, it will affect us.

Either way, it is not necessary that we default on loans and other payments. We may delay, but if we get our house in order, we will be able to pay interest and principal on government bonds, plus interest for the late payment. Similarly, we should be able to pay in time any delayed salaries or other bills, also with the late payment interest.

Rather than an obvious "yes" or "no", the correct answer to raising the debt limit is that we will likely do more damage to the country if we raise it. Therefore, be sure to vote against it.