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“Raise it slightly while requiring spending cuts and a new tax code.
Lower taxes on Corporations while eliminating loopholes and requiring Corp's to move back to the US if they are to get tax breaks.

Increase taxes on the highest 40% of wage earners only for say 8-10 yrs then reduce it as the economy begins to turn.

More observance on welfare, unemployment and food stamp recipients and mandatory drug testing of anyone getting government subsidies, grants or handouts.”

From a Democrat in Saint Petersburg, FL
In reponse to: Should Congress raise the debt ceiling?

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Yes