Dems to vote against credit-limit hike?

posted at 1:36 pm on January 11, 2011 by Ed Morrissey

Remember last week when refusing to support a raise in the debt-limit ceiling was called “deeply irresponsible” by the Obama administration?  Treasury Secretary Tim Geithner made that accusation in a letter to Congress, while Barack Obama’s economic adviser Austan Goolsbee warned Republicans not to “play chicken” with the debt ceiling.  In an interview with ABC on January 2nd, Goolsbee warned that “[t]he impact on the economy would be catastrophic,” while Geithner warned of “catastrophic economic consequences that would last for decades.”

That’s now old and busted.  The new hotness? Voting against the debt-ceiling hike to make Republicans the responsible party:

Relegated to the minority, Democrats are hinting they might vote against raising the ceiling to force the GOP’s hand.

Democrats relegated to minority status in the House say Republicans are now the ones responsible for raising the federal debt ceiling and are hinting that they might vote against it to force the GOP’s hand.

“It is up to the majority to get this bill through; they can’t duck the responsibility,” Financial Service Committee ranking member Rep. Barney Frank (D-Mass.) told The Hill on Friday.

Will the White House scold Barney Frank for being “deeply irresponsible”?  They should, because there was at least some momentum towards cutting a deal on the debt limit increase with spending reductions in the budget.  Frank instead wanted to play chicken, in Goolsbee’s words, and he may well have made it impossible for either side to support the increase, if anyone pays attention to Frank’s leadership.

On this point, though, they probably won’t.  The White House will look impotent indeed if it can’t round up a considerable majority in its own party’s caucus to support a measure they claim is direly needed to stave off economic disaster, especially if that argument is actually true.  Considering that Democrats will almost certainly fight the kind of deep and immediate cuts in entitlement programs required to keep the US from overrunning the debt limit and defaulting on its obligations, their predictions of doom are at the least realistic.

At least it settles which party in Congress is “deeply irresponsible.”  Conservative Republicans want to at least make the cuts that would arguably render the increase unnecessary.  Frank now says Democrats won’t vote for either.  That’s playing chicken with a Yugo against a Mack truck.


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I don’t know about the rest of you but I am getting tired of these people conducting a “pissing contest” at our expense.

milwife88 on January 11, 2011 at 1:42 PM

I hear a rumor that Barney, Barry Dillar, and Mike Bloomberg we all in Bermuda recently. Hmmm

jake-the-goose on January 11, 2011 at 1:43 PM

Frank now says Democrats won’t vote for either. That’s playing chicken with a Yugo against a Mack truck.

Or playing Russian Roulette with 4 bullets in a six shooter , give em more ammo!

Oooops maybe I can’t say six shooter, ammo, bullets or Russian Roulette anymore since a far left wacko shot some folks?

They do it all the time in Detroit and Chitown but no presstitutes there to make a scene!

dhunter on January 11, 2011 at 1:44 PM

Austan Goolsbee warned Republicans not to “play chicken” with the debt ceiling.

Austan and his pals have other things in mind with regards to “playing with chickens.”

cock a doodle doo…austan

ted c on January 11, 2011 at 1:44 PM

Cloward-Piven. Bottom up, Up down.

slickwillie2001 on January 11, 2011 at 1:44 PM

If I were to be an Honorable (ha!) Elected official in charge of this madness…I would tell Mr. Fwank “Fine, we’re responsible. As part of the debt-ceiling hike, we’re now defunding NPR, the EPA and the Dept. Of Education. After all, we’re all concerned about fiscal responsibility since you Dems passed Pay-Go!” “Oh, and EFF YOU!”

search4truth on January 11, 2011 at 1:45 PM

What an incompetent boob.
It’s tough to play chicken or have a pissing contest when you’re the only one pissing.

ORconservative on January 11, 2011 at 1:49 PM

Glad to see the ‘toothless wonder’ is still out there getting its face in the news! What an idiot!
L

letget on January 11, 2011 at 1:52 PM

Amen milwife

cmsinaz on January 11, 2011 at 1:54 PM

There has to be a lot of chest thumping on the parts of Goolsbee, and Geithner, if Dems are willing to do this.

capejasmine on January 11, 2011 at 1:54 PM

Or the Republicans could tell Fwank and company that the more spending gets cut, the less they will have to increase the debt ceiling, and let’s make a deal !!!

As part of the debt-ceiling hike, we’re now defunding NPR, the EPA and the Dept. Of Education. …

search4truth on January 11, 2011 at 1:45 PM

+1000. From your keyboard to Boehner’s ears.

Steve Z on January 11, 2011 at 1:55 PM

If you can’t make the rent you don’t buy a new TV.

If you can’t pay the bills you don’t borrow more.

Speakup on January 11, 2011 at 2:01 PM

and he may well have made it impossible for either side to support the increase,

Wow, Obama’s strategy is if it looks like the GOP will cave and increase the debt limit, he’ll have the democrats sabotage the effort so he can blame the GOP for not raising the debt limit and the financial collapse that follows.

If it looks like the GOP won’t raise the debt limit, same thing; blame the GOP for the financial collapse that follows.

Win–win..Obama gets economic chaos, GOP gets the blame.

Skandia Recluse on January 11, 2011 at 2:08 PM

Can the Republicans just vote present so it will fail with Democrats only voting for and against it?

huckleberryfriend on January 11, 2011 at 2:09 PM

[Frank] may well have made it impossible for either side to support the increase, if anyone pays attention to Frank’s leadership.

So we can expect the increase to pass before Martin Luther King day.

HitNRun on January 11, 2011 at 2:10 PM

Frank also said it would be unconscionable for the GOP to fail to raise the debt ceiling since it would have an immediate impact on U.S. troops in a time of war.

…and Barney Frank will attempt to sabotage the GOP and their effort to act responsibly.

Skandia Recluse on January 11, 2011 at 2:11 PM

I figured that they would do this. Dems are beyond despicable.

Did anyone wonder why Demint was saying to the new freshmen that they shouldn’t have to vote on this?

Mord on January 11, 2011 at 2:11 PM

Just how much damage can Barney Frank do…?

Seven Percent Solution on January 11, 2011 at 2:13 PM

Barney ‘Tapioca-Throat’ Frank is the lowest of the low. The sleaziest of the sleazy. He’s the kind of politician that when he isn’t screwing his boyfriend because it suits him to do so, he’s screwing the country because it suits him to do so.

FlatFoot on January 11, 2011 at 2:14 PM

That’s playing chicken with a Yugo against a Mack truck.

More like Bill Murray in “Groundhog Day” driving on the tracks towards an oncoming freight train and saying: “I’m betting he’s going to swerve.”

Socratease on January 11, 2011 at 2:16 PM

The jerk from NY, Anthony Weiner, (and that he is) was on Hannity radio last week and said he was going to vote no. Smug weasel. Just to paint the picture, and cause the problem, it is just what he said.

NJ Red on January 11, 2011 at 2:17 PM

Make the GOP responsible for what? Starting the process of getting us out of debt?

SouthernGent on January 11, 2011 at 2:18 PM

Barney ‘Tapioca-Throat’ Frank is the lowest of the low

EEEWWWWWW. Gross. Pass the mind bleach please.

NJ Red on January 11, 2011 at 2:20 PM

Or playing Russian Roulette with 4 bullets in a six shooter , give em more ammo!

dhunter on January 11, 2011 at 1:44 PM

More like “playing Russian Roulette with an automatic pistol”.

teke184 on January 11, 2011 at 2:23 PM

….presstitutes….
dhunter on January 11, 2011 at 1:44 PM

I am so stealing that term. Nice.

iurockhead on January 11, 2011 at 2:50 PM

Republicans should demand massive cuts first, then maybe they can think about possibly scheduling a committee to test the viability of scheduling a vote to increase the debt ceiling in the next session of congress.

Iblis on January 11, 2011 at 2:55 PM

iurockhead on January 11, 2011 at 2:50 PM

<:) IU r u new? Steal away! IU stands for!

dhunter on January 11, 2011 at 3:09 PM

What 0 and the Dems really want is financial collapse and chaos so they can:

A) Blame the Republicans, Tea Parties, Sarah Palin, etc. for the mess.

B) Institute their bottom up(riots, chaos), Top Down(Gov. repression as demanded by the populace) plan.

Don’t blame Fwank, remember he’s a Barney. goes off singing, “I Love You, You love me….” Isn’t that just so gay?

shmendrick on January 11, 2011 at 3:22 PM

Fine, let’s all vote against it and go home. Stop spending money we don’t have.

Kissmygrits on January 11, 2011 at 3:30 PM

You mean Obama and Pelosi won’t be able to keep their caucus in line?

I wonder why? It’s almost like something happened…

Popcorn, please!

ajacksonian on January 11, 2011 at 3:42 PM

As these guys are get increasingly desparate… you have to wonder what the end game is.

I find the left’s conduct this week highly… well crazy. Something is really wrong here.

What don’t we know?

petunia on January 11, 2011 at 3:54 PM

Is this the actual start of Cloward/Piven?

petunia on January 11, 2011 at 3:56 PM

GOP has to do what’s right and necessary. If raising the ceiling genuinly falls into this category, so be it. They also have to power to make cuts and I hope they do. If this is carefully explained the American people will understand. It’s not us who are unreasonable, it’s the old guard that we have allowed to remain in DC for too long…in both parties. Barney is one of it’s poster children.

jeanie on January 11, 2011 at 3:58 PM

Is this the actual start of Cloward/Piven?

petunia on January 11, 2011 at 3:56 PM

No, that’s the false narrative that the White House is trying to craft. Failing to raise the debt ceiling is NOT the same thing as defaulting on the national debt, and won’t cause the economy to collapse or interest rates to rise precipitously.

The Federal income of $200 billion A MONTH is more than sufficient to make the interest payments on the national debt and fulfill the core functions of government without further borrowing – in other words, without needing to take on further debt past the level of the statutory debt ceiling.

When they talk about the Federal government failing ‘to meet its obligations’ if the ceiling isn’t raised, they’re being fundamentally dishonest by using language that makes it sound, to the uninformed, like the US will have gone into default on its bonds, when the reality is, they simply mean they won’t be able to continue to spend on programs at the current levels they have ‘promised’ under the continuing resolution.

Inkblots on January 11, 2011 at 4:08 PM

….presstitutes….

dhunter on January 11, 2011 at 1:44 PM

I am so stealing that term. Nice.

iurockhead on January 11, 2011 at 2:50 PM

As the license holder of the term, I hereby authorize you to use it as you see fit; no need for thievery :-)

steveegg on January 11, 2011 at 4:09 PM

Oh no, Barney’s going to blow the whole thing!

chickasaw42 on January 11, 2011 at 4:34 PM

The worst thing about BF, other than the obvious is the fact that the same aholes keep voting him back in. How stupid can some people be?

New Patriot on January 11, 2011 at 4:34 PM

In an interview with ABC on January 2nd, Goolsbee warned that “[t]he impact on the economy entitlements would be catastrophic,” while Geithner warned of “catastrophic economic entitlement consequences that would last for decades.”

.
What they really meant.

mrt721 on January 11, 2011 at 4:52 PM

The smart move on raising the credit limit is to use it as leverage and raise it incrementally by issue completion. Agree to raise to to last one month in exchange for repeal of Obamacare.

Then next month it’s all about a better energy policy (drilling, streamline nuclear power and allow renewable nukepower, get yucca restarted, kill cap & tax legislatively, etc).

Next tackle Equal Public/Private Pay rules so private and public salaries and benefits remain roughly equal for equal work, outlaw defined benefit plans and require any bailed out entity and public jobs (including Congress) with defined benefit plans to have them converted to 401ks. Toss in redefining ‘prevailing wage’ and making unions more market sensitive if you wish.

Then next month, reduce corporate taxation by 50% — by then the unions might actually be in favor of that since it would help their new 401k plans gain value.

Etc, etc. Make the Obamacrats dance when you say dance, sit, when you want them to sit, etc. etc.

drfredc on January 11, 2011 at 5:19 PM

Hahahahahaha!!!! Gasp! Wheeze! Snort!

I’m sorry. But mentioning Bawney Frank and chicken in the same sentence was extremely funny!

And Bawney is usually funny all by himself.

GarandFan on January 11, 2011 at 6:49 PM

This is basically a ‘who cares’ kind of a story.

Frank and the Dems have no actual say in anything. They can vote no or yes all day long and neither vote means anything at all.

Freddy on January 11, 2011 at 7:33 PM

Dear Ed,

That’s playing chicken with a Yugo against a Mack truck.

Did you just say: “Yugo grill!”?

Dr. Charles G. Waugh on January 12, 2011 at 8:31 AM

These jerks in D.C have spent money like there is no tomorrow ever since anyone can remember. Now it’s run out and they blame the American people, call us fools because we don’t want a tax increase to pay for their spend thrift ways which would then provide them with means to continue their destructive financial ways in the future. The God Father could learn from these guys.

Herb on January 12, 2011 at 10:51 AM