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Wed July 27, 2011
Michiganders remain split on debt ceiling debate
The debt ceiling debate is still getting attention in Michigan. Many are voicing their opinions to government officials. One congressman says calls to his office are running about 50-50. Many support raising the debt ceiling and others want to reduce future debt by making cuts.
Michigan Congressman Bill Huizenga is a Republican from Zeeland. He says his concern is that the debt ceiling could double in the next ten years.
"All we need to do is have a slight hiccup in our interest rates – something that just even brings us back to historical averages of the last ten years and our spending on interest is going to explode. We’ve got to get this under control," Huizenga said.
The deadline to raise the federal debt ceiling from the current 14-trillion-dollars must be found by next week, or the nation could default on its debt.
- Amelia Carpenter - Michigan Radio Newsroom