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Thread: GOP official: House to vote to lift debt limit

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    Re: GOP official: House to vote to lift debt limit

    Every penny this country spends is specifically authorized by Congress. The debt ceiling shouldn't even exist, let alone be a negotiating point, because Congress has already authorized that spending.
    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: GOP official: House to vote to lift debt limit

    Quote Originally Posted by Deuce View Post
    Every penny this country spends is specifically authorized by Congress. The debt ceiling shouldn't even exist, let alone be a negotiating point, because Congress has already authorized that spending.
    It as made into a law specifically in order to raise the debate about public debt every time it comes up. That it was voted on an passed automatically as a matter of course since the law existed, whatever. It is interesting to find out how Democrats felt about it when Republicans held all the cards, though. Obama himself back in '06 said it was irresponsible to raise the debt ceiling. And now his position is "give me all the power".
    "Political speech and writing are largely the defense of the indefensible. . . . Thus political language has to consist largely of euphemism, question-begging and sheer cloudy vagueness."
    ~Orwell, Politics and the English Language

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    Re: GOP official: House to vote to lift debt limit

    Quote Originally Posted by Hatuey View Post
    The debt needs to be paid down eventually and we on both just keep avoiding the issue to debate nonsense like gun control and abortions.
    Not exactly. What is important is reducing the "rate of change" of net issuance. For the U.S. to get moving toward a sustainable fiscal path, Congress has to find ways to reduce spending (year over year) in a way that is the least harmful to economic growth. Certain aspects of defense spending (troop size, i.e. payroll, the European theater), the war on drugs, international aid, etc.... Consistent economic growth in and of itself will do wonders to lower the deficit.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: GOP official: House to vote to lift debt limit

    Quote Originally Posted by Gonzo Rodeo View Post
    It as made into a law specifically in order to raise the debate about public debt every time it comes up. That it was voted on an passed automatically as a matter of course since the law existed, whatever. It is interesting to find out how Democrats felt about it when Republicans held all the cards, though. Obama himself back in '06 said it was irresponsible to raise the debt ceiling. And now his position is "give me all the power".
    Yes, this flips back and forth every time the white house changes parties. When a Republican is in the white house, Democrats speak out against raising it. When a Democrat is in the white house, Republicans speak out against raising it. Been this way for decades.
    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: GOP official: House to vote to lift debt limit

    Quote Originally Posted by Hatuey View Post
    GOP official: House to vote to lift debt limit - Yahoo! News
    Well, I for one am actually shocked. Why do news like this only get released at night? Also, heads should roll for this. The debt needs to be paid down eventually and we on both just keep avoiding the issue to debate nonsense like gun control and abortions.
    Totally agree bro. I don't understand why both sides can't just sit down and figure out a way to lower costs instead of raise the spending level. Blows me away. Personally, I think the right should give on immigration and the left give on spending. That would be a good compromise IMO.
    “Mr. Speaker, I once again find myself compelled to vote against the annual budget resolution for a very simple reason: it makes government bigger.” ― Ron Paul
    Timid men prefer the calm of despotism to the tempestuous sea of Liberty. – Thomas Jefferson

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    Re: GOP official: House to vote to lift debt limit

    Quote Originally Posted by MarineTpartier View Post
    Totally agree bro. I don't understand why both sides can't just sit down and figure out a way to lower costs instead of raise the spending level. Blows me away. Personally, I think the right should give on immigration and the left give on spending. That would be a good compromise IMO.
    A looming debt ceiling is not an appropriate place to have that discussion. Our credit was already downgraded specifically because of the Tea Party brinksmanship on that subject.

    The debt ceiling isn't authorization to spend more. It's authorization to pay back debts already incurred.
    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: GOP official: House to vote to lift debt limit

    Quote Originally Posted by Deuce View Post
    A looming debt ceiling is not an appropriate place to have that discussion. Our credit was already downgraded specifically because of the Tea Party brinksmanship on that subject.

    The debt ceiling isn't authorization to spend more. It's authorization to pay back debts already incurred.
    By increasing the ceiling instead of dropping from the basement. I understand what it is bro.
    When is it a good time then? That's all we ever here from Dems and Pres Obama. It's never a "good time" to talk about spending cuts. That's readily apparent over the past 8 years.
    “Mr. Speaker, I once again find myself compelled to vote against the annual budget resolution for a very simple reason: it makes government bigger.” ― Ron Paul
    Timid men prefer the calm of despotism to the tempestuous sea of Liberty. – Thomas Jefferson

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    Re: GOP official: House to vote to lift debt limit

    Quote Originally Posted by MarineTpartier View Post
    By increasing the ceiling instead of dropping from the basement. I understand what it is bro.
    When is it a good time then? That's all we ever here from Dems and Pres Obama. It's never a "good time" to talk about spending cuts. That's readily apparent over the past 8 years.
    Every time spending cuts are brought up, the GOP's response is "can't cut defense one dollar."
    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: GOP official: House to vote to lift debt limit

    Quote Originally Posted by Deuce View Post
    Every time spending cuts are brought up, the GOP's response is "can't cut defense one dollar."
    And they are dead wrong for that.
    “Mr. Speaker, I once again find myself compelled to vote against the annual budget resolution for a very simple reason: it makes government bigger.” ― Ron Paul
    Timid men prefer the calm of despotism to the tempestuous sea of Liberty. – Thomas Jefferson

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    Re: GOP official: House to vote to lift debt limit

    Quote Originally Posted by Kushinator View Post
    Not exactly. What is important is reducing the "rate of change" of net issuance. For the U.S. to get moving toward a sustainable fiscal path, Congress has to find ways to reduce spending (year over year) in a way that is the least harmful to economic growth. Certain aspects of defense spending (troop size, i.e. payroll, the European theater), the war on drugs, international aid, etc.... Consistent economic growth in and of itself will do wonders to lower the deficit.
    A spending freeze would also help

    Keep spending at 2013 levels for 10 years and the budget, assuming 2-3% GDP growth on average would most likely dissappear in 10 years
    Happy Hanukkah Cheerfull Kwanzaa
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