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GOP official: House to vote to lift debt limit

Gonzo Rodeo said:
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".
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Because when one dem does it, it's exactly the same thing as when all the repubs in congress do it
 
MarineTpartier said:
When is it a good time then?
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How about before they vote to authorize all that spending?

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.
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And to think it was just a few short months ago that repubs were criticizing Obama for cutting Medicare spending by several hundred billion

How quickly they forget
 
ttwtt78640 said:
Every time ANY federal spending cuts are brought up, Obama's response is that they must be "balanced" by tax increases on "the rich".
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And when the GOP are in power, any time federal spending cuts are brought up, the GOP want to "balance" it by giving the rich tax breaks.

The GOP don't clean house when they're in power, they're just as guilty of overspending on their pet projects and not cutting the bloated bureaucracy.

It seems like every politician on capitol hill is there to take their slice of the government pie while in office and then pass the buck to whoever will have to deal with the mess in the future. That's all the debt ceiling increases are doing... passing the buck to some poor sap down the line. Both parties are just hoping that it's not their guy in power when the **** really hits the fan.

No one is doing the right thing because of their political careers. Our government lost its moral compass a long time ago.
 
Lord Tammerlain said:
It is a freeze on spending, which does not mean how it is spent is frozen.


Means testing could ensure those that need assistance would get it.
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Again, math is not your friend here. If "locking in" deficits of over 40% is done that is not a good thing. Use 2007/8 as your base year, not the "one time" 20% inflated federal spending done for TARP and ARRA (stimulus I) - you sound like Obama, wanting to keep right on spending at the highest level possible.
 
Northern Light said:
And when the GOP are in power, any time federal spending cuts are brought up, the GOP want to "balance" it by giving the rich tax breaks.

The GOP don't clean house when they're in power, they're just as guilty of overspending on their pet projects and not cutting the bloated bureaucracy.

It seems like every politician on capitol hill is there to take their slice of the government pie while in office and then pass the buck to whoever will have to deal with the mess in the future. That's all the debt ceiling increases are doing... passing the buck to some poor sap down the line. Both parties are just hoping that it's not their guy in power when the **** really hits the fan.

No one is doing the right thing because of their political careers. Our government lost its moral compass a long time ago.
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While it may be nice to equate the defict spending, the defict levels are now twice that under Obama from what they were during Bush 43. To continue to use the "one time" TARP and ARRA (stimulus I) spending increases attained in 2008/9 as the "baseline" simply ensures that the maximum federal deficit spending levels will continue. The GOP did not cut only the taxes on the rich, as you may note that the tax rates went down more for the bottom income bracket than the top. Obama is a great speaker but very poor at managing the nation's money.
 
cpwill said:
Unfortunately, that's self defeating: high levels of low-income immigration + social safety net = higher spending.
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True statement. Guess we're screwed.:confused:
 
MarineTpartier said:
And they are dead wrong for that.
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Right. So let's not act like the inability to cut spending is entirely the fault of Democrats. Compromise is required, both parties have to cut spending in areas they don't want to cut spending. Neither seems willing to do that.

ttwtt78640 said:
Every time ANY federal spending cuts are brought up, Obama's response is that they must be "balanced" by tax increases on "the rich".
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Yes. A broad approach so that no single area has to get hit as hard.

Some revenue increases. Some defense cuts. Some entitlement cuts. Lots of general efficiency increases.

And didn't all the right-wingers start crowing recently about the tax increases on everyone? You know, the ones that us Obama supporters are supposedly shocked and outraged about? Did that not happen or did you just fail to mention it?


But let's face it: Congress is completely incapable of doing something like this.
 
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Deuce said:
Right. So let's not act like the inability to cut spending is entirely the fault of Democrats. Compromise is required, both parties have to cut spending in areas they don't want to cut spending. Neither seems willing to do that.
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The difference is that the GOP (who I honestly hate to defend) at least talks about cuts. The Dems pay it lip service then go off on a red herring about guns, immigration, etc. Sure, those are issues that need tackling. However, the spending problem we have is the most dangerous and pressing at the moment IMO.
 
cpwill said:
Unfortunately, that's self defeating: high levels of low-income immigration + social safety net = higher spending.
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I love the smell of immigrant bashing in the morning.

Don't you guys have something factually based to call upon to support your insecurities and fears?

Pssst: who hires low-income immigrants and in fact encourages them to come here? You think most immigrants are mowing lawns. Sorry, your rich CEO friends are hiring them in the agribusiness, hospitality and meatpacking industry.
 
MarineTpartier said:
The difference is that the GOP (who I honestly hate to defend) at least talks about cuts. The Dems pay it lip service then go off on a red herring about guns, immigration, etc. Sure, those are issues that need tackling. However, the spending problem we have is the most dangerous and pressing at the moment IMO.
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Those aren't red herrings, those are just separate issues. Government can do two things.
 
Deuce said:
Those aren't red herrings, those are just separate issues. Government can do two things.
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Really ??? Then it should be no problem for them to get a budget passed .. . right ?? Something they haven't been able to do yet in the last 4 years .. *L* yet you think they can do two things ??
 
Deuce said:
Those aren't red herrings, those are just separate issues. Government can do two things.
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Not our gov't. At least not currently.
 
sangha said:
Thanks for admitting that there have been cuts!!
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What cuts? From what I understand, there are never any real year over year reductions in spending, but rather reductions in projected increases. A spending cut would be spending less this year than we did last year. I dont see either party attempting to do this.
 
sangha said:
How about before they vote to authorize all that spending?



And to think it was just a few short months ago that repubs were criticizing Obama for cutting Medicare spending by several hundred billion

How quickly they forget
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There were no cuts. Obama counted savings (decreased future spending) through reforms as a result of Obamacare, but then "spent" that savings on Obamacare. But spending for HHS has increased by 200bn a year since Obama took office. Overall spending has risen by 800bn a year since Obama took office.
 
PeteEU said:
It is their job to be childish?

You can put on your partisan blinders and blame the Democrats for all the ills you want, but the facts are not in your favor.

Yes the Dems in the Senate should have put forward a budget and let it get shot down and expose the GOP.. of course they dont have the balls to do that. And even if they by some sort of miracle did put up a budget, the chances are it will never ever make it to the floor because of GOP obstructionism and if it did make it past the GOP obstructionism in the Senate, it would surely fail in the house if there was one tax rise or the military budget was cut. So what is the freaking point in wasting resources and energy in even trying? Just look at the fiscal cliff... do you really think that any sort of sane budget would get past the Tea Party fanatics in the house?

The main problem is the Tea Party fanatics, followed by the GOP in general and then Democrats in general. I suspect if there was no Tea Party, then the GOP and Dems could much easier figure things out.
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The Law says President Obama must submit a budget.

Budget and Accounting Act - Wikipedia, the free encyclopedia

He did try it once.

Obama budget defeated 99-0 in Senate - Washington Times
 
jonny5 said:
There were no cuts. Obama counted savings (decreased future spending) through reforms as a result of Obamacare, but then "spent" that savings on Obamacare. But spending for HHS has increased by 200bn a year since Obama took office. Overall spending has risen by 800bn a year since Obama took office.
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The debt under Obama has increased by well over $1,000,000,000,000 per year and this report from the GAO should concern everyone.

U.S. GAO - Financial Audit: U.S. Government's Fiscal Years 2012 and 2011 Consolidated Financial Statements
 
head of joaquin said:
I wonder if Bush's two foolish wars and the near depression he caused has anything to do with it.
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All that can be done is to deal with the now, not the past.

It's clear that Obama isn't up to the job and never was.Still trying to blame his predecessor after this late date only serves to highlight his incompetence.
 
Fletch said:
What cuts? From what I understand, there are never any real year over year reductions in spending, but rather reductions in projected increases. A spending cut would be spending less this year than we did last year. I dont see either party attempting to do this.
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Changing the subject from "spending cuts" to "real year over year reductions in spending" is proof that you've been pwned
 
Grant said:
All that can be done is to deal with the now, not the past.

It's clear that Obama isn't up to the job and never was.Still trying to blame his predecessor after this late date only serves to highlight his incompetence.
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The way to deal with a near Depression and foolish tax cuts for billionaires is not to cut spending on poor kids, education and infrastructure but increase it, and raise taxes on the rich.

That's what Obama did and it worked. Our economy is only major economy in the west that's growing at a good pace. The rest went the austerity route and now are in double dip recessions or barely pulling .5% GDP growth.

I'm sure glad he didn't listen to you.
 
head of joaquin said:
The way to deal with a near Depression and foolish tax cuts for billionaires is not to cut spending on poor kids, education and infrastructure but increase it, and raise taxes on the rich.

That's what Obama did and it worked. Our economy is only major economy in the west that's growing at a good pace. The rest went the austerity route and now are in double dip recessions or barely pulling .5% GDP growth.

I'm sure glad he didn't listen to you.
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In fact more people are in food stamps than ever before, unemployment has not improved, the infrastructure is crumbling and the debt is increasing by over $3 billion a day, with nothing to show for it.

That's progress, huh?
 
sangha said:
Changing the subject from "spending cuts" to "real year over year reductions in spending" is proof that you've been pwned
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How do you figure that?
 
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