Posts Tagged ‘ debt ceiling ’

It passed anyway: Only a handful of Republicans voted to pay our country’s bills

February 11, 2014
By
It passed anyway: Only a handful of Republicans voted to pay our country’s bills

The House passed a clean debt ceiling on Tuesday and much to the dismay of the Tea Party, no hostages were taken. The bill was approved in a 221-201 vote, largely by Democrats. Only 28 Republicans had the guts to vote for it, while 199 voted no. With the exception of two, every other Democrat voted…

Read more »

Wrong again GOP: House Republican says not raising debt limit will “bring stability to the world markets”

October 7, 2013
By
Wrong again GOP: House Republican says not raising debt limit will “bring stability to the world markets”

Rep. Ted Yoho (R-FL) told the Washington Post that he was not going to raise the debt ceiling because, “I think, personally, it would bring stability to the world markets.” He refers to our current government shutdown as “the tremor before the tsunami.” Do we really need a tsunami, especially a financial tsunami? Does Yoho really…

Read more »

Obama blasts GOP ‘extortion’ over the debt limit and threatening “apocalypse” if they don’t get their way

September 18, 2013
By
Obama blasts GOP ‘extortion’ over the debt limit and threatening “apocalypse” if they don’t get their way

President Obama on Wednesday spoke to members of the Business Roundtable in Washington, DC,  and blasted Republicans by reiterating his position on the debt limit; it is non-negotiable and he will not pay Republicans a ransom for agreeing to lift it. Obama accused Republicans of extortion and threatening “apocalypse” if they don’t get their way.  …

Read more »

The Debt Crisis Boondoggle: The GOP “Starves the Beast”

February 4, 2013
By
The Debt Crisis Boondoggle: The GOP “Starves the Beast”

Since the recession began, the GOP has ranted that the debt is the number one issue facing the country. It wasn’t and it isn’t – unemployment is. But Republicans have their reasons for the pretense that America is going the way of Greece. Since the “hate government” mantra began with Ronald Reagan’s pronouncement that “Government…

Read more »

Republicans raise their own debt ceiling on DOMA, all with taxpayer dollars

January 15, 2013
By
Republicans raise their own debt ceiling on DOMA, all with taxpayer dollars

With all the talk about our economy amidst another debt ceiling debacle House Republican leaders have signed on to spend up to $3 million to keep defending the Defense of Marriage Act in court at the taxpayers’ expense, according to a copy of their newly revised legal contract which the Huffington Post obtained. This is…

Read more »

‘Fiscal Conservatives’ again cheering on a government shutdown, not wanting to pay our country’s bills

January 7, 2013
By
‘Fiscal Conservatives’ again cheering on a government shutdown, not wanting to pay our country’s bills

Let’s be clear: The debt ceiling allows our country to pay its bills. If America does not pay its bills for money spent from past and present Presidents — this is not exclusive to Congress who passed the bills — then we default and again our credit rating will go down. So, keep in mind…

Read more »

Tea Party Senator suffers from Political Tourette Syndrome, says no ‘more compromise’ is needed

January 6, 2013
By
Tea Party Senator suffers from Political Tourette Syndrome, says no ‘more compromise’ is needed

The 112th Congress will be remembered as the most unproductive session since the 1940s. Unrelenting tea partiers swept the House in 2010, giving not even an iota of compromise, but never mind those pesky facts; this tea partier believes they have compromised enough. Cruz hasn’t compromised so that rather negates his assertion. Freshman tea party Sen. Ted Cruz…

Read more »

Newt Gingrich warns Republicans on the debt ceiling, hostage & leverage strategy would be a “disaster”

January 4, 2013
By
Newt Gingrich warns Republicans on the debt ceiling, hostage & leverage strategy would be a “disaster”

We just finished the Kabuki-style fiscal Cliff negotiations and Americans are now preparing themselves for even more of a circus; the Debt Ceiling. In 2011, the debt ceiling spectacle embarrassed our country greatly to the point of American’s first credit downgrade in history. Some are seeing that 2011′s strategy may not fare too well in 2013. It’s two…

Read more »

What we know on this fiscal cliff negotiations so far: Our politicians have yanked our chains into 2013

December 31, 2012
By
What we know on this fiscal cliff negotiations so far: Our politicians have yanked our chains into 2013

And so, here we are at the Eleventh Hour waiting for our elected officials to get their act together. Previously, Harry Reid and Mitch McConnell reportedly were working together. I didn’t have much faith in that either. So, now Joe Biden and McConnell have been attempting to iron out details on the so-called ‘fiscal cliff’ negotiations.  Vice…

Read more »

Debt Ceiling: Lindsey Graham wants Social Security on the table, Ronald Reagan Disagrees

December 30, 2012
By

The debt ceiling is being utilized as leverage in yet another hostage taking crisis. This time our economy will suffer again if we do not allow Republicans to hit Social Security, which they continually and wrongly call an ‘entitlement’ program. Of course, last time our economy suffered dearly when these tactics were used too, so much…

Read more »

When the Inmates ran the Asylum; Reviewing the last Debt Ceiling Debacle

December 27, 2012
By
When the Inmates ran the Asylum; Reviewing the last Debt Ceiling Debacle

This year we’re reaching our debt ceiling again while Congress takes an unnecessary break. Treasury Secretary Tim Geithner relayed to Congress Thursday that the Treasury Department will reach the debt ceiling on about Dec. 31. Raising the debt ceiling affords us the means to pay our country’s bills. Republicans are commingling the fiscal cliff negotiations with the debt…

Read more »

Majority see the GOP and its policies as too extreme, most believe Republicans should compromise

December 20, 2012
By
Majority see the GOP and its policies as too extreme, most believe Republicans should compromise

A majority of Americans believe Republicans are too extreme and need to compromise more then Democrats in any bipartisan solution on the country’s problems, according to a new survey.   Fifty-three percent of Americans polled said the GOP and its policies are too extreme, according to a CNN/ORC poll; up 17 percentage points from just two years ago…

Read more »