No wonder approval of Congress waning
William Hicks' July 26 letter to the editor regarding the Republican House members refusing to compromise on the issue of raising the debt ceiling last summer and the negative impact their intransigence has had upon the economy is one of the reasons Congressional approval is at an all-time low.
The economic uncertainty created by their irresponsible actions caused Standard & Poor's to downgrade the U.S. credit rating, thereby raising borrowing costs for the U.S. Treasury and, according to a recent Government Accounting Office report, increased the country's debt load by $1.3 billion.
So much for our fiscally conservative representatives.
Michael W. Ander
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