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Thread: House rejects debt ceiling increase

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    Re: House rejects debt ceiling increase

    It's not like we don't have revenue available to pay the interest on our debt.

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    Re: House rejects debt ceiling increase

    Quote Originally Posted by FilmFestGuy View Post
    Long term, one of the worst things that could happen is for us to default on our debt and increase the interest rate on the debt that exists, thus making the situation even worse than it already is.
    with all due respect, tell it to 44% of nancy's caucus

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    Re: House rejects debt ceiling increase

    increase the ceiling = to cuts in spending
    how novel a concept

    balance the books makes no sense to the left..

    and we wonder how we got here
    I'M VOTING FOR THE WHITE GUY THIS TIME

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    Re: House rejects debt ceiling increase

    The ‘default’ argument stands only when one presumes the status quo must remain unchanged.
    Federal revenues exceed payment on the debt by better than an order of magnitude -- there's no way to argue that not being able to borrow more money necessitates default on the debt.

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    Re: House rejects debt ceiling increase

    Quote Originally Posted by FilmFestGuy View Post
    So, if the markets continue to tank due to this vote, do you still think it will more negatively affect Democrats instead of Republicans?

    So far, we're down 220 points - and analysts are going to say it's because of default concerns over the vote not to raise the debt ceiling. It does have to do with other numbers, but it's still dangerous.
    They demanded the damned vote.
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



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    Re: House rejects debt ceiling increase

    Democrats own this fiasco, no argument there, just stop it
    they backed thierselves into a corner

    they wanted to play political football, the GOP said, ok, lets play

    America is not stupid... dems have been in charge for 5 years....hard to blame anyone else
    I'M VOTING FOR THE WHITE GUY THIS TIME

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    Re: House rejects debt ceiling increase

    Quote Originally Posted by shades View Post
    Democrats own this fiasco, no argument there, just stop it
    they backed thierselves into a corner

    they wanted to play political football, the GOP said, ok, lets play

    America is not stupid... dems have been in charge for 5 years....hard to blame anyone else
    How exactly did Democrats back themselves into a corner on this issue? If anything the Republicans backed themselves into a corner by waiting so long to present their reform plans that it did not give Congress enough time to properly debate the issue. Since it will be raised one way or the other all Democrats have to do is wait.

    By the way, what programs do you want to see cut in the short term to, in essence, balance the federal budget? Medicare? Social Security? The military?

    Just for fun, courtesy of FrumForum:
    In the spirit of bipartisanship, here’s some unsolicited advice for the Obama administration: send apologetic letters to all Social Security recipients in congressional districts of Republican freshmen. Tell the seniors that now that the government has reached the debt ceiling, the Social Security Trust Fund is currently unable to redeem special Treasury bonds that it holds and that therefore no new Social Security checks will be sent until the debt ceiling is increased. If the recipients wonder when that might happen, they can call their Representative and ask.
    It will be easy for President Obama to say that he wants the debt ceiling raised so that it will give more time to Congress to work on reforms while avoiding a short term collapse. It will be the Republicans that will have to answer their constituents why they are so insistent on not raising the debt ceiling.

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    Re: House rejects debt ceiling increase

    Quote Originally Posted by Spaceman_Spiff View Post
    How exactly did Democrats back themselves into a corner on this issue? If anything the Republicans backed themselves into a corner by waiting so long to present their reform plans that it did not give Congress enough time to properly debate the issue. Since it will be raised one way or the other all Democrats have to do is wait.

    By the way, what programs do you want to see cut in the short term to, in essence, balance the federal budget? Medicare? Social Security? The military?

    Just for fun, courtesy of FrumForum:

    It will be easy for President Obama to say that he wants the debt ceiling raised so that it will give more time to Congress to work on reforms while avoiding a short term collapse. It will be the Republicans that will have to answer their constituents why they are so insistent on not raising the debt ceiling.
    How much more time is needed? This pressure has existed prior to Obama's election. His agenda took center stage, along with record breaking spending, largely on the backs of democrat legislators. And now that republicans can throw in on the fight and redirect the agenda the dems just sit around with their thumbs up their asses?
    "Hmmm...Can't decide if I want to watch "Four Houses" or give myself an Icy Hot pee hole enema..." - Blake Shelton


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    Re: House rejects debt ceiling increase

    The idea that this is the fault of either one party or the other is just ludicrous. Like, the idea that it could be both just doesn't occur to people.
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

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    Re: House rejects debt ceiling increase

    Quote Originally Posted by Spaceman_Spiff View Post
    If anything the Republicans backed themselves into a corner by waiting so long to present their reform plans
    republicans passed hr1 on the day boehner was sworn in

    republicans passed ryan on april 14

    it's been two years since the party in power in the united states senate has even proposed a budget

    except for the obama production published in february which reid's roundhouse routed, 97 to 0, last week

    finance chair baucus has intimated that budget chair conrad will not likely write one up this year either

    hurryup harry reid has adopted an openly "minimalist agenda"

    there are reasons the party can't put its preferences on paper

    all Democrats have to do is wait
    ok, but wait for what?

    ask senators mccaskill, manchin, nelson, nelson, webb, pryor, landrieu, tester...

    ask the 44% of nancy's caucus who sided with boehner

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