Debt Ceiling Proposal Reads Just Like an Onion Article

While the Senate is trying to pass a bill to fund the government, the House has already started dealing with another possible financial disaster. Bear with me, this is important: A draft of House Republicans’ bill to avoid hitting the debt ceiling recently leaked, and there’s no way Obama is going to get on board. The draft agrees to suspend the debt ceiling for a year in exchange for a laundry list of demands including putting off Obamacare, approving the Keystone pipeline, and overhauling Wall Street regulations. This is so far away from a deal Obama might accept it’s been called “an Onion parody of what the House’s debt ceiling demands might be.” Let’s hope the official bill is more of a compromise: If Congress doesn’t give the government more cash by Oct. 17 the U.S. could default on its debt, which would wreak havoc on the world economy and permanently damage America’s financial reputation.
 Why we should go ahead and get rid of the debt ceiling already