Obama is running $1.5 trillion deficits every year while Boner and Dingy Reid argue over which plan that cuts $100 billion a year from that is the best. So instead of a $20+ trillion deficit by 2018 we end up with $19 trillion. Not only that, but neither plan even satisfies the requirements for avoiding a downgrade. A downgrade will cost this country at least $100 billion a year. Congrats, we're back at square ONE.
The Tea Party seems to be the only ones who understand this. How sad.
Jim Rogers said the USA lost its AAA rating years ago and he's 100% right.