debt ceiling will be reached (damn that kind of sounds like a goal) by May 16th. Democrats say 33 billion will suffice for now. As a matter of fact the GOP's original bill was to cut 32 billion. Not enough says the Tea Party. Apparently a 4 trillion dollar cut bill will be introduced today. I doubt it will get past the senate, so don't be shocked if we have a government shutdown. On another note, yesterday, the first Republican decided to throw his hat into the 2012 Presidential Race. Well, he would have been considered a Republican in the Reagan years, his name. Barack Obama.