Pete Stark said that he believes the debt limit is a 'political charade'. Stark says, " />

					
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Dem Rep. Pete Stark on the Debt Limit: "I think it's a political charade...Democrats have done that in the past, threatened to shut down the government"
Monday, July 25, 2011 - 8:00pm
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At a townhall meeting on July 23, 2011, Rep Pete Stark said that he believes the debt limit is a 'political charade'. Stark says, "You've heard a lot about the Debt Limit. And I guess that's - I don't know how many of you are worried about it or concerned about it. The fact is I think it's a political charade.


I'm afraid that the Democrats have done that in the past, threatened to shut down the government. I don't think there's a chance that it will happen. I think the last time somebody did, they lost enough seats in the House of Representatives to convince them it was a dumbest thing they ever did. [It] doesn't get us anywhere, it doesn't help anybody, and to extend the Debt Limit is nothing more - than people have described it - than that the government's credit card doesn't run out of resources.