Tuesday, May 17, 2011

GOP Congressman Suggests Staving Off Default By Selling Most Of Utah

To address the nation’s deficit as we reach our impendingstatutory debt limit, conservatives refuse to consider asking the wealthiest to pay their fair share. Instead, they many want to place the burden on the backs of Main Street America. Florida Republican congressman Dennis Ross went a step further, suggesting today that the U.S. governmentcould actually sell off part of America:

Dennis Ross, a House Republican and a member of the Tea Party caucus, told Reuters: “I don’t think Treasury has been up front with us. I am not convinced the sky will fall in on August 3.”
Ross added: “I’m not an economist, but I have maintained a household.The federal government owns 70 per cent of Utah, for example. There are federal buildings. If you need cash, let’s start liquidating.”
Among other novel approaches offered by conservatives to address the deficit: Selling off all the gold at Fort Knox.

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