It’s a crisis that Geithner doesn’t think there is a debt crisis. “Do people back home fully understand what I just explained? That the Democrats in Washington that control the senate have not offered a budget in three and a half years, almost four years now. This government has spent close to $10 TRILLION dollars since the the budget was last passed by them”
Post Tagged with: "debt ceiling increase"
Shooting the Messengers
One can only imagine how different America would be if politicians in Washington rediscovered the virtues of integrity, honesty, forthrightness, and reclaimed a sense of stewardship in their handling of the people’s business.
The Deal is Done—Assessing Winners and Losers
Clearly, spending was not brought under control. In the language of Washington politicians and pundits, this was all budget cuts. But in reality, Democrats are counting on those tax hikes, at least in the form of the end of the Bush tax cuts, while spending increases every year, adding an estimated $7 trillion to our accumulated national debt over the next decade.
Obama Actually Won The Debt Ceiling Fight
this is potentially a big win for President Barack Obama, if you assume that his objective is advancing his re-election chances rather than enacting a progressive political agenda. – BI
Rep. Kristi Noem – “this battle is why we were sent here”
Teaparty freshman Kristi Noem (R-SD) told Greta that Teaparty congressmen were sent to Washington to make a difference. “We all campaigned last year recognizing that this crisis is coming. Everybody talks about doing this at the last minute, well we’ve talked about it for a year and a half and we firmly believe that this battle is why we were sent here.”
Boehner falls flat in redefining “cuts” for Teaparty conservatives
House vote on raising the debt ceiling delayed.
Krauthammer: Obama’s debt speech “purely partisan” campaign speech
“pushing the ‘balanced’ approach, a word which he knows is tested by his pollsters as appealing to independents, that’s all that this is about. He used all of the cliche’s that would help him with that constituency.” With Obama ‘balanced’ means higher taxes. With Obama taxes are about ideology not raising revenues. Let your congressman and senators know that you want them to hold firm on cutting spending 202-224-3121.
Sen. Coburn: Obama’s “ridiculous” position
“not intellectually honest” to now use Obama’s debt commission when it was rejected out of hand. … Nobody in America has seen a plan put on paper by this administration” There is $2 trillion in waste and fraud over the next ten years.
Sen. Rand Paul on debt deal – there are no cuts
“The whole terminology of saying there are going to be cuts is absolutely false. Its cuts against a baseline. The baseline is going up $9 trillion dollars in debt over the next ten years. If they cut $3 trillion that means they are still going to add $6 trillion dollars in debt over the next ten years. … We cannot add $6 trillion dollars more over the next ten years and sustain that kind of debt.” – Sen. Rand Paul
Rep. Allen West: Obama “sad”, “pathetic” and “fear-mongering”
Rep. Allen West calls President Barack Obama’s actions on the debt ceiling debate “sad”, “pathetic” and “fear-mongering”.