Freshman Representative Adam Kinzinger (R-IL) explained to the "Meet the Press" roundtable that Congress agreeing to a raise in the debt ceiling is a compromise in and of itself and that the Administration's side of the compromise needs to be a reduction of spending.
"Like I said, truly, there is a feeling in my caucus, and in me specifically, I can say, that I feel we are willing to compromise by coming to the table and saying we understand we'll have to raise the debt limit specifically, but we have to get ourselves on a fiscal trajectory, because look, we've spent too much money. We have the same tax rates, the same two wars, the same prescription drug benefit in 2007, but the deficit then was $161 billion. This year it's $1.5 trillion.” 72;72;
Congress agreeing to a raise in the debt ceiling is a compromise in and of itself and that the Administration's side of the compromise needs to be a reduction of spending.
This is exactly right. It's about time that someone said it.
The House already passed a bi-partisan bill to raise the debt ceiling and cut spending.
The Democrat Senate refused to allow people to vote on it.
When big portions of the government shut down next Monday because the government can't borrow any more money, the fault will lie with Harry Reid and the Democrats in the Senate.
To preserve our independence, we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude. — Thomas Jefferson
The House already passed a bi-partisan bill to raise the debt ceiling and cut spending.
The Democrat Senate refused to allow people to vote on it.
what on earth are you talking about?
When big portions of the government shut down next Monday because the government can't borrow any more money, the fault will lie with Harry Reid and the Democrats in the Senate.
On another thread you've argued that the default won't be a big deal and you didn't even notice the last time the government shut down - so what exactly is the fault of Reid and the Democrats? You are going to "blame" them if the government can't spend more than it takes in? Seriously? You seem to have stopped thinking through any of your arguments as of late.
This country now possesses the strongest credit in the world. The full consequences of a default or even the serious prospect of default by the United States are impossible to predict and awesome to contemplate. Denigration of the full faith and credit of the United States would have substantial effects on the domestic financial markets and on the value of the dollar in exchange markets. The Nation can ill afford to allow such a result. The risks, the cost, the disruptions, and the incalculable damage lead me to but one conclusion: the Senate must pass this legislation before the Congress adjourns. I want to thank you for your immediate attention to this urgent problem and for your assistance in passing an extension of the debt ceiling.
President Ronald Reagan, 1983 letter to Sen. Howard Baker.
Let me explain it to you simpleton. The House already passed a bill. Time for the Senate to do the same and time for the pretend boy president to sign onto it.
The House already passed a bill. Time for the Senate to do the same and time for the pretend boy president to sign onto it.
Maybe you missed Jwpegler's post:
The House already passed a bi-partisan bill to raise the debt ceiling and cut spending.
The Democrat Senate refused to allow people to vote on it.
Can either of you point me to a "bi-partisan bill" that passed the House and wasn't voted on in the Senate? Cut-cap-balance wasn't bi-partisan and was defeated in the Senate on Friday.
Let me explain it to you simpleton. The House already passed a bill. Time for the Senate to do the same and time for the pretend boy president to sign onto it.
BTW, Cut, cap and trade raises the debt ceiling by trillions of dollars. Maybe you missed that?
Cut, Cap, and Balance. It raised the debt ceiling. Harry Reid tabled the bill.
The GOP passed a budget this year. The Senate didn't.
The GOP pass a plan to cut spending and raise the debt ceiling. The Senate didn't.
Any economic consequences is the Democrat Senate's responsibility.
To preserve our independence, we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude. — Thomas Jefferson
Cut-cap-balance wasn't bi-partisan and was defeated in the Senate on Friday.
You have your facts wrong.
5 House Democrats voted for Cut, Cap, and Balance. It was more bi-partisan than Obama's "stimulus" or his health care fiasco.
The Senate tabled the bill. They did not vote on it.
To preserve our independence, we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude. — Thomas Jefferson
Here's how this is supposed to work: The House passes a bill. The Senate passed a bill. They get together in a Conference Committee to work out the differences. The combined bill goes back to the House and Senate for a vote.
Here's the problem: The House passed a bill. The Senate hasn't passed anything. The haven't passed a budget in over two years. They haven't passed a bill to deal with the deficit. They haven't passed a bill to raise the debt ceiling.
This is very clear to all but the most myopic partisans.
To preserve our independence, we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude. — Thomas Jefferson
Here's the problem: The House passed a bill. The Senate hasn't passed anything. The haven't passed a budget in over two years. They haven't passed a bill to deal with the deficit. They haven't passed a bill to raise the debt ceiling.
You said the House passed a bi-partisan bill that the Senate won't vote on. Which bill are you talking about?
Meanwhile, Harry Reid has proposed $2.7 trillion in cuts, with no revenue increases, more and faster cuts than the Republicans have proposed.
You said the House passed a bi-partisan bill that the Senate won't vote on. Which bill are you talking about?
I've already told you. Read my posts again.
To preserve our independence, we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude. — Thomas Jefferson
Unfortunately it is the best plan that can pass right now.
it can't pass now.
Even most tea partiers would rather raise taxes on the top bracket then balance the budget by cutting services to the poor, retired, infirmed, and military vets.
Even most tea partiers would rather raise taxes on the top bracket then balance the budget by cutting services to the poor, retired, infirmed, and military vets.
They should take all of Rand Pauls cuts. Then 1/4 or 1/2 of Obamas tax increases on the top 2 percent. That sounds reasonable enough.
Or if Republicans didn't insist on balancing a budget on the backs of the poor/retired/disabled.
What a bunch of BS. The rich already pay the most. The bottom 50 percent don't pay any taxes. And not only that they get welfare, food stamps, health care etc. And now apparently 180,000 dollar homes. Enough is enough. Help the truly needy but not the dead beats anymore. The deadbeats are about 95 percent of the people who get government handouts.
Republicans oppose all tax cuts or closing of tax loopholes/subsidies.
They should oppose all tax cuts. It is the right thing to do. But if they want a compromise they should quadruple or more down on the spending cuts and maybe raise taxes on the top 2 percent by 1/2 or 1 percent.
Yep. 25% of people over 65 have pension and investment incomes that classify them as wealthy. Why should young families pay Social Security taxes to support them?
Why should we pay taxes to study the drinking habits of prostitutes in China, or whether the size of a gay man's penis makes him more likely to be on the top or on the bottom?
Why should we pay farmers not to grow food?
Why should we pay for over 30 welfare programs and 100 different job training programs?
Why should we pay to have the Commerce Department to advertise on behalf of American businesses abroad? Can't businesses pay fir their own advertising?
On and on... The question is why?
To preserve our independence, we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude. — Thomas Jefferson
Because to many people only care about themselves. They don't care about what is good for future generations. They only care about themselves and what they can get.
Add multiculturalism in and we are even more divided.
Kick wealthy people off of Social Security and Medicare. Turn Medicaid over to the states. Close the Departments of Agriculture, Commerce, Education, Energy, Housing and Urban Development, and Labor. Combine the 30 welfare programs into one program. Stop funding PBS and the National Endowment for the Arts. Sell the Post Office, Amtrak and anything else that can be provided by the market. Stop wasteful "research" like the ones I mentioned early.
There will be plenty of money left to run the rest of the government. It's just that simple.
To preserve our independence, we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude. — Thomas Jefferson
That's exactly right. The Greedy Geezer lobby is #1 when it comes to selfishness.
To preserve our independence, we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude. — Thomas Jefferson
