DeMint: Geithner is playing “Chicken Little”

posted at 12:35 pm on July 11, 2011 by Tina Korbe

Adding to an ever-growing chorus, South Carolina Republican Sen. Jim DeMint on Fox News Sunday dismissed fears of imminent default if a debt ceiling deal is not struck before the Aug. 2 deadline set by Treasury Secretary Timothy Geithner. Roll Call reports:

The South Carolina Republican urged his colleagues not to rush to any deal currently being negotiated with Democrats because government default is not imminent.

“There certainly would be disruption, but this is not a deadline that we should rush and make a bad deal,” DeMint said on “Fox News Sunday.” “Secretary Geithner has been irresponsible. He’s playing Chicken Little here. The fact is that we will pay our debts if it’s the last dollar we have. … We’re not going to default.”

But Geithner says such denials of the threat of default are just “political theater.”

“There’s no responsible leader that argues that is a credible path. … It’s a political moment. People are trying to get attention,” he said on CBS’ “Face the Nation.” “They say really amazing things, but there’s no credible argument; no responsible leader would say for the first time in its history [the United States] should not pay its bills and meet its obligations. That would be catastrophic for the economy, and everybody understands that.”

But, of course, DeMint is not saying the U.S. shouldn’t pay its bills or meet its obligations. DeMint is saying, just as Wisconsin freshman Sen. Ron Johnson, former Alaska Gov. Sarah Palin and radio host Rush Limbaugh (among others) have said, that the federal government takes in enough money to cover its debts and meet its obligations — at least for the short-term — even without an increase in the debt ceiling. The Treasury Department itself has created a contingency plan, suggesting it’s certainly possible for the federal government to continue to operate, even in the absence of a debt ceiling increase.

It’s more important now than ever that DeMint and other advocates for fiscal restraint dispel the notion that default is inevitable, as the president and congressional leadership continue to meet to hammer out a plan to address the debt and deficit. Only in an atmosphere of calm decisiveness — not in the atmosphere of panicked compromise that usually results from procrastination (and, make no mistake, the president and others in Congress have definitely procrastinated!) — can government leaders responsibly devise a long-term, sustainable path for the nation’s fiscal future.

 

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In fairness, Chicken Little didn’t have the power to actually make the sky fall.

HitNRun on July 11, 2011 at 12:38 PM

“There’s no responsible leader that argues that is a credible path. … It’s a political moment. People are trying to get attention,” he said on CBS’ “Face the Nation.” “They say really amazing things, but there’s no credible argument; no responsible leader would say for the first time in its history [the United States] should not pay its bills and meet its obligations. That would be catastrophic for the economy, and everybody understands that.”

What’s the word? Projection?

MeatHeadinCA on July 11, 2011 at 12:38 PM

pay your taxes Timmy…then come talk to me about facts and what shape this country is in…..

SDarchitect on July 11, 2011 at 12:38 PM

Congressman John Campbell has been saying this for weeks.

jawkneemusic on July 11, 2011 at 12:39 PM

I assume Treasury letters to seniors warning of the looming cancellation of SS checks if the Aug.2 deadline is not meant is next in order. That should create the desired flood of angry letters to Boehner demanding he cut a deal, any deal.

a capella on July 11, 2011 at 12:42 PM

If anyone ever watched Frontline about Geithner. He actually said in an interview, to POSOTUS Obama, about having the Federal Reserve money all being Obama’s.

Get Geithner OUT of the Federal Reserve!

upinak on July 11, 2011 at 12:43 PM

Time to contact your member of Congress and tell them to stand firm.

SheetAnchor on July 11, 2011 at 12:44 PM

The gubment is still collecting revenue. If we don’t borrow, that doesn’t mean cash disappears. We could sell Air Force One. Obama could ride the train. By the way there are two identical Air Force One planes. The fleet of support planes is very large.

seven on July 11, 2011 at 12:44 PM

Note that the great liberal demigod Laurence Tribe hath chastened little Timmie: Tribe Smacks Geithner Twice Over Debt Limit Posturing

“Last Friday, Harvard Law School Professor of Constitutional Law Laurence Tribe wrote an op-ed in The New York Times blowing apart the argument many on the left were advancing; that Section Four of the 14th Amendment granted Treasury Secretary Tim Geithner the authority to ignore the debt limit and sell unlimited amounts of Treasury bonds…”

slickwillie2001 on July 11, 2011 at 12:45 PM

Isn’t it always telling when a lib opens their mouth and has to lie about both their own position and their opponent’s position in order to make their point?

They simply cannot stand on the merits of their positions, they *must* lie and use weasel worded statements.

Someday I hope it’s legal for a journalist to simply reach across the table and smack them in the chops when they do that.

Midas on July 11, 2011 at 12:45 PM

Yes, but politically, Obama is just begging for an excuse to blame the impending double dip on the Republicans, and no deal will give him that excuse.

tommylotto on July 11, 2011 at 12:45 PM

Give TTT a break. Addicts get pretty jumpy when they see a threat to their supply.

forest on July 11, 2011 at 12:45 PM

Didn’t Bush I saying, “Read my lips. No. New. Taxes.” ultimately sink his chances of re-election?

How have we gone from that to Obama saying, “Read my lips. Massive. New. Taxes.” without people howling from the highest rooftops about it?

UnderstandingisPower on July 11, 2011 at 12:47 PM

In fairness, Chicken Little didn’t have the power to actually make the sky fall.

HitNRun on July 11, 2011 at 12:38 PM

1. Chicken Little was wrong.
2. Sky is beyond CL’s intellect.

BobMbx on July 11, 2011 at 12:47 PM

It doesn’t matter. Obama will have to unilaterally raise the debt ceiling because no one remembers how to turn the computers off that pay the bills.

NotCoach on July 11, 2011 at 12:49 PM

Didn’t Bush I saying, “Read my lips. No. New. Taxes.” ultimately sink his chances of re-election?

He said, and you check the tapes:

“No newt axes”

At the time, newts were thought to be causing damage to the forests, so he was trying to take the axes away from them.

BobMbx on July 11, 2011 at 12:49 PM

Geithner knows qute a bit about not paying what you owe.

joewm315 on July 11, 2011 at 12:52 PM

How about a simple HR affirming that “The principal and interest payments on ALL issued and outstanding U.S. debt instruments shall be paid as they mature, and shall receive priority over ALL OTHER U.S. obligations”?

Maybe that would take some spin out of the Geithernerscope.

Barnestormer on July 11, 2011 at 12:52 PM

Do not cave, Republicans. Short term deal with no new taxes and real, immediate, spending cuts. If not, let’s see what happens on August 2.

GaltBlvnAtty on July 11, 2011 at 12:58 PM

If we default on the debt, it will not be for lack of revenue, but for Øbama‘s deliberately opting not to pay debt service and to use the money to fund other programs instead.

Will be deliberately do it and thus cause widespread disruption? With any other president, such a question would be unthinkable. With this one, the jury’s still out.

Regardless, no tax hikes, no way.

petefrt on July 11, 2011 at 12:59 PM

GaltBlvnAtty on July 11, 2011 at 12:58 PM

If he wants to throw us into economic disruption, so be it. Enough of his bullying. Enough.

petefrt on July 11, 2011 at 1:01 PM

How about a simple HR affirming that “The principal and interest payments on ALL issued and outstanding U.S. debt instruments shall be paid as they mature, and shall receive priority over ALL OTHER U.S. obligations”?

Maybe that would take some spin out of the Geithernerscope.

Barnestormer on July 11, 2011 at 12:52 PM

Yes. Isn’t there a bill to this effect floating around somewhere.

Another thing. GOP needs to lay the foundation for impeachment hearings, should Øbama default on the debt.

petefrt on July 11, 2011 at 1:05 PM

If Obama were to intentionally default on the debt as retribution if his credit-limit isn’t raised, I think he would have to go incognito to evade capture long enough to escape the country, but even if he did manage to escape the wrath of the American people, there would be few places he could go in the world where he wouldn’t be a pariah there, too. I think his venue might be limited to Cuba, Venezuela and Iran.

That’s how it is that we can be so certain that he’s bluffing. He’s not going to attack the American economy and short change our creditors, whom he is so beholden to more than any other, not unless it’s his last act before going on the run. That just seems absurd to me. There’s no way Obama would do that, even if he really is just a scumbag Chavez wannabe.

Whatever Obama is, he’s a narcissist. He still thinks he he’ll be reelected and he knows that’s not going to happen if his assault on our economy is so blatant. If there is an assault it has to be sneaky and underhanded so that <50% of voters notice and if 90% of people are on the lookout for him because they've lost their jobs because Obama overtly attacked our economy be intentionally defaulting on our debt, then his reelection chances will be over. He'll be too busy sneaking his way to Venezuela.

FloatingRock on July 11, 2011 at 1:07 PM

petefrt on July 11, 2011 at 12:59 PM

Rush is discussing the Aug. 2 deadline now, but Mark Levin has talked about it extensively especially last week (audio reruns available on his website).

The big deal about the deadline is that prioritization will automatically kick in, and BO will be forced to make decisions. We can service our debt obligations, but under the Constitution he will be required to cut less essential services. That might mean disbanding some of his favorite agencies like the EPA and others. He can’t get away with cutting Social Security or not paying the military. Imagine what that would do to his hope of reelection. So, he’s threatening, bullying and lying about what will occur if there is no agreement by 8/2.

At least that’s the way I understand it. If that’s the case, I say, let’s roll right on to August and tell him to shove it.

Cody1991 on July 11, 2011 at 1:07 PM

Geithner and so many other liberals prove, if only they were honest, we wouldn’t have nearly so much problem with liberal-ism.

Speakup on July 11, 2011 at 1:08 PM

The debt ceiling is the only meaningful point of leverage the GOP has to secure budget reform this term. If they waste it, they’ll be back after 2012 to try again–with the new Obama administration.

Barnestormer on July 11, 2011 at 1:08 PM

Get Geithner OUT of the Federal Reserve!

upinak on July 11, 2011 at 12:43 PM

I remember reading somewhere in the last six months that the Fed is not a government organization, but is privately owned. Do you or anyone here know who owns the Fed?

Also, it seems to me that the two sides are in a stalemate with each refusing to budge. And as always with Dems, compromise means doing it the Dems way.

silvernana on July 11, 2011 at 1:09 PM

It’s abundantly apparent that Turbo is trying to manufacture a “crisis” for the communist-in-chief to exploit as a trojan horse for greatly expanded government power.

mr.blacksheep on July 11, 2011 at 1:10 PM

Wonder if chicken is a good dish to eat with them thar peas?

pilamaye on July 11, 2011 at 1:13 PM

As I commented over at Kingjester’s blog:

..well, Turbo Tax’s words are an interesting contrast to Carney’s and Plouffe’s assertion that unemployment and economic news will not be our concern when it comes time to vote next next November.

Huh?

Double huh?

Do these fools know anything?

The War Planner on July 11, 2011 at 1:15 PM

FloatingRock on July 11, 2011 at 1:07 PM

Cody1991 on July 11, 2011 at 1:07 PM

That’s my bet too. Yes, let’s roll right on to August and tell him to shove it. It’s a stand we have to make.

petefrt on July 11, 2011 at 1:16 PM

I think I’m going to have to stop reading the news. Every time I do, the disgusting behavior of the democrats, America’s new Marxist party, makes me ill. Perhaps the rank and file democrats that go through life without paying attention to what is going on don’t understand the trajectory their party is on, but those “involved and informed” democrats must, by now, understand fully the implications for our future. To make matters worse, much of the press thinks it is a good idea to have the government do nearly everything. They are all guilty of treason as far as I am concerned.

This is the most dishonest administration in the history the United States. Every word out of their mouths is politically motivated, calculated to increase their power. Let’s start by letting this faux deadline come. What comes to pass can not be worse than the outcome of increasing debt and continued deficit spending. If there is pain to be had, let’s take it now and get it over with.

ClanDerson on July 11, 2011 at 1:16 PM

What liberals mean when they say that not raising the debt ceiling will result in default is that they prize federal spending more than they do the economy and our credit.

They are saying they would rather default on our debt than cut funding for Planned Parenthood.

gwelf on July 11, 2011 at 1:17 PM

Wonder if chicken is a good dish to eat with them thar peas?

pilamaye on July 11, 2011 at 1:13 PM

No words to describe the contempt with which I view this condescending little POS.

Midas on July 11, 2011 at 1:17 PM

No words to describe the contempt with which I view this condescending little POS.

Midas on July 11, 2011 at 1:17 PM

Mine is equal to the contempt he shows to us. And that means it’s huge.

Cody1991 on July 11, 2011 at 1:21 PM

We have to pass the stimulus right away or unemployment may go over 8 percent.

John the Libertarian on July 11, 2011 at 1:22 PM

I remember reading somewhere in the last six months that the Fed is not a government organization, but is privately owned. Do you or anyone here know who owns the Fed?

Yes…the banks own it. Thats not a joke. The only government involvement is that POTUS gets to nominate the Chairman of the Fed.

It is not in anyway a federal institution. Scary, isn’t it?

There are 13 Federal Reserve Banks. Each covers a geographical region of the United States. The membership of the Fed is made up of banks within that region.

The fed owns the currency (the actual paper note), but it is printed by the BEP.

You’ll have to read up for yourself on all the weirdness associated with the Federal Reserve System

BobMbx on July 11, 2011 at 1:24 PM

Heh, Rush just said that Boehner is BO’s lifeline to reelection. No wonder BO got so flustered during today’s wine-fest presser.

Cody1991 on July 11, 2011 at 1:25 PM

We have to pass the stimulus right away or unemployment may go over 8 percent.

John the Libertarian on July 11, 2011 at 1:22 PM

We need to spend 800 Billion dollars right now to buy up troubled assets/mortgage securities create a slush fund or the economy will implode!

gwelf on July 11, 2011 at 1:25 PM

Boehner just said that there has to be a bill to prevent default. WTF?

FloatingRock on July 11, 2011 at 1:37 PM

Boehner sounds like he’s barely hanging on. I’m very worried he’s going to end up caving.

petefrt on July 11, 2011 at 1:40 PM

Geithner they guy who couldn’t operate Turbo Tax is calling for more taxes and making claims about economic catastrophe in the midst of an economic catastrophe he helped create.

/facepalm

You can’t make this stuff up.

dogsoldier on July 11, 2011 at 1:40 PM

If there is pain to be had, let’s take it now and get it over with.

ClanDerson on July 11, 2011 at 1:16 PM

Amen brother/sister! Preach it from the roof tops! Pay our debts, pay our warriors, pay our seniors, These are whom we owe. Everything else is on the table. America honors her debts.

IowaWoman on July 11, 2011 at 1:42 PM

I remember reading somewhere in the last six months that the Fed is not a government organization, but is privately owned. Do you or anyone here know who owns the Fed?

Yes…the banks own it. Thats not a joke. The only government involvement is that POTUS gets to nominate the Chairman of the Fed.

It is not in anyway a federal institution. Scary, isn’t it?

There are 13 Federal Reserve Banks. Each covers a geographical region of the United States. The membership of the Fed is made up of banks within that region.

The fed owns the currency (the actual paper note), but it is printed by the BEP.

You’ll have to read up for yourself on all the weirdness associated with the Federal Reserve System

BobMbx on July 11, 2011 at 1:24 PM

Thanks for the info. Will look it up. I wonder who owns the Banks that own the Fed.

silvernana on July 11, 2011 at 1:44 PM

Boehner just said that there has to be a bill to prevent default. WTF?

FloatingRock on July 11, 2011 at 1:37 PM

Yeah – Boehner needs to push back on this falsehood as well.

I’m guessing he’s taking this tack so as to appear serious about resolving the issue (I don’t agree with this but just grasping at an explanation).

gwelf on July 11, 2011 at 1:45 PM

Boehner just said that there has to be a bill to prevent default. WTF?

FloatingRock on July 11, 2011 at 1:37 PM

Hopefully someone here can bring us up to speed on this. My understanding is that the Prez can pretty much pick and choose his funding priorities, so long as he stays within budget. So he’ll be able to dish out the rewards/punishments pretty much as he pleases.

If he thinks it will advance his agenda, he’ll probably try some selective credit defaults. But as others have posted above, it’s hard to see how he could conclude that a default would be in his political best interests, at least until after Nov 2012.

petefrt on July 11, 2011 at 1:47 PM

Run Jim, run!

Fuquay Steve on July 11, 2011 at 1:51 PM

Hopefully someone here can bring us up to speed on this. My understanding is that the Prez can pretty much pick and choose his funding priorities, so long as he stays within budget. So he’ll be able to dish out the rewards/punishments pretty much as he pleases.

If he thinks it will advance his agenda, he’ll probably try some selective credit defaults. But as others have posted above, it’s hard to see how he could conclude that a default would be in his political best interests, at least until after Nov 2012.

petefrt on July 11, 2011 at 1:47 PM

That’s the thing – IF we did default stories would come out (even if only pushed by Fox, conservative radio) about while defaulting we’re still funding Planned Parenthood, and a host of other endeavors and federal bureaucracies (like EPA) which are actively impeding economic growth. The true liberal priorities will be laid bare and it will not have been the Republicans that picked big government over our debt obligations.

gwelf on July 11, 2011 at 1:53 PM

If he thinks it will advance his agenda, he’ll probably try some selective credit defaults. But as others have posted above, it’s hard to see how he could conclude that a default would be in his political best interests, at least until after Nov 2012.

petefrt on July 11, 2011 at 1:47 PM

There’s a pretty solid Constitutional argument that default on debt is the one thing he can’t do, as a consequence of that very 14th Amendment provision that had been bandied about as giving him the authority to issue debt in excess of the current debt ceiling (“the validity of the public debt of the United States, authorized by law . . . shall not be questioned.”

Laurence Tribe seems to concur.

Barnestormer on July 11, 2011 at 2:02 PM

Boehner sounds like he’s barely hanging on. I’m very worried he’s going to end up caving.

petefrt on July 11, 2011 at 1:40 PM

My suspicion is that Boehner is so caught up in the MSM narrative that it might not have even occured to him that the tea party might matter, and perhaps in the past few days conservatives have been trying to convince him that they do. Yet he still seems to be caught up in the MSM narrative, saying himself that the debt limit needs to be raised to prevent default. He is either playing along for political expediency (wimpyness), or he ignorant of the fact that the government takes in plenty of money to prevent default.

What we need is a leaders that will point out the truth, which is that the only way the US will default on our debt obligations is if Obama does it intentionally. We need a speaker who is not afraid to point out that, if Obama did that it would violate the 14th amendment and be an impeachable offense.

FloatingRock on July 11, 2011 at 2:07 PM

gwelf on July 11, 2011 at 1:53 PM

From his presser last month, clearly Øbama thinks he has wide discretion in prioritizing spending under a budget ceiling. (Doesn’t make it true, of course.)

Moreover, which bills are we going to decide to pay? These guys have said, well, maybe we just pay the interest on — for bondholders. So are we really going to start paying interest to Chinese who hold treasuries and we’re not going to pay folks their Social Security checks? Or we’re not going to pay to veterans for their disability checks? I mean, which bills, which obligations, are we going to say we don’t have to pay?

He thinks he can pick and choose which debts to pay and which to default.

Needless to say, unless reigned in, Øbama’s funding priorities will be redistributve, retributive, and aimed mainly at advancing his own agenda.

petefrt on July 11, 2011 at 2:12 PM

Barnestormer on July 11, 2011 at 2:02 PM

Thanks. Now that you mention it, I recall reading about Tribe’s view. (Probably it was here.) I’m going back to read it again.

Rush is covering that 14th Amendment twist now.

petefrt on July 11, 2011 at 2:16 PM

He thinks he can pick and choose which debts to pay and which to default.

Needless to say, unless reigned in, Øbama’s funding priorities will be redistributve, retributive, and aimed mainly at advancing his own agenda.

petefrt on July 11, 2011 at 2:12 PM

This is what will happen if the debt ceiling is not raised – and it will be devastating to Democrats in 2012.

Obama won’t be able to blame the Republicans (he and media will try though) for his own priority choices. Social Security checks didn’t go out? Well, it will be easy to show all the things that are getting funding at the expense of Social Security. Obama and the media can scream all they want about the horrible horrible things the GOP is making Obama do but it will ring hollow because ultimately Obama is making the decisions and setting the priorities.

gwelf on July 11, 2011 at 2:20 PM

FloatingRock on July 11, 2011 at 2:07 PM

Three biggies:
(1) the only way the US will default on our debt obligations is if Obama does it intentionally,
(2) we need a speaker who is not afraid to point out that,
(3) if Obama did that it would violate the 14th amendment and be an impeachable offense.

petefrt on July 11, 2011 at 2:22 PM

He thinks he can pick and choose which debts to pay and which to default.

Needless to say, unless reigned in, Øbama’s funding priorities will be redistributve, retributive, and aimed mainly at advancing his own agenda.

petefrt on July 11, 2011 at 2:12 PM

I’m not clear on how much discretion he has in setting priorities. It’s something he does not want to be forced to do.

Pelosi has stepped into the fray and said that nothing will be done to seniors w/r to Social Security. If BO decided to punish seniors by cutting their payments, he creates a rift in his party and alienates a large voting block. If he decides to cut military pay, he angers and alienates voters of different persuasions other than the hard Left. If he cuts/reduces agencies like the EPA, Dept. of Education, etc. he infuriates plenty of people most of whom are his supporters.

As Rush said earlier, BO is dependent on Boehner and the Republicans caving. He absolutely does not want to be in the hot seat. To me, stalling until Aug. 2 looks like the best option, put BO in an untenable situation where he alienates his supporters and casts doubt in the minds of independents who might have formerly given him a pass.

Have I got this about right? If so, he must be S-A-B.

Cody1991 on July 11, 2011 at 2:23 PM

petefrt on July 11, 2011 at 2:12 PM

Social Security is not “public debt.” Nor is the vast array of federal contract obligations. Besides the Constitution, this alleged “law professor” could benefit from some review of negotiable instruments and contract law.

Barnestormer on July 11, 2011 at 2:23 PM

Cody1991 on July 11, 2011 at 2:23 PM

Here’s hoping Boehner listens to today’s Rush Limbaugh Show. Maybe we should send him Hour #2.

petefrt on July 11, 2011 at 2:33 PM

Here’s hoping Boehner listens to today’s Rush Limbaugh Show. Maybe we should send him Hour #2.

petefrt on July 11, 2011 at 2:33 PM

Not sure I’m understanding this correctly, but if it forces BO out on a limb (without a net), it could be a great strategy.

Cody1991 on July 11, 2011 at 2:37 PM

Barnestormer on July 11, 2011 at 2:23 PM

Good news, and a very inconvenient detail for Øbama.

Well, between this matter and the rest of the festering mess, seems clear that if he gets a second term, it will be full of Constitutional crises and impeachment hearings.

petefrt on July 11, 2011 at 2:37 PM

petefrt on July 11, 2011 at 2:37 PM

If Boehner and McConnell hold firm, and Obama is back into debt ceiling negotiations in 2012, he probably won’t see that second term from his house.

Barnestormer on July 11, 2011 at 2:43 PM

Cody1991 on July 11, 2011 at 2:37 PM

Yup, Maha Rushie is right (99.7% of the time). Øbama is trying to bully, lie, schmooze, cajole — whatever it takes — to get Boehner to cave. Øbama is headed for serious political trouble over this, and Boehner is his ticket to a win in 2012.

petefrt on July 11, 2011 at 2:45 PM

Barnestormer on July 11, 2011 at 2:43 PM

What I can see from my house is that a defeat in 2012 is about the only thing standing between him and impeachment hearings.

petefrt on July 11, 2011 at 2:47 PM

Øbama is headed for serious political trouble over this, and Boehner is his ticket to a win in 2012.

petefrt on July 11, 2011 at 2:45 PM

Let’s see….. Boehner and McConnell stonewall, force him into a terrible situation while Issa finds a few more bombs to explode. Heck, the pressure would be immense. He might not run again.

Such happy thoughts! ;)

Cody1991 on July 11, 2011 at 2:52 PM

Cody1991 on July 11, 2011 at 2:52 PM

Asymmetrical attack.

petefrt on July 11, 2011 at 3:00 PM

Actually the sky is falling from all the carbon emissions which will then lead to another ice age which will in turn cause the earth to warm up which will then necessitate taxing the pants off the “rich.” C’mon, people – tyr to keep up wiht Turbotax Timmy. All these Ivy League mouths are all SO much smarter than the rest of us. Your distinctiveness will be added to the collective. Resistance is futile.

Huckabye-Romney on July 11, 2011 at 4:08 PM

It might be well to not get an agreement until after early august specifically to once again show that Geithner and the rest of the administration are corrupt liars in addition to the numerous economic and political reasons.

burt on July 11, 2011 at 4:10 PM

How much land does the Federal govt own anyway? If they are a few $$ short I’m sure they could sell some assets to make up the difference.

clement on July 11, 2011 at 6:10 PM

There is an important detail to keep in mind here. Once we hit the cap and government has to be seriously clipped the burden is on Obama to get it back going. At that time we should demand two dollars of government cut today for every dollar we raise the debt limit today. No tomorrow. Tomorrow comes and goes with promises not kept. We bargain for today and today only.

And if we trim the government far enough we won’t ever have to bother ourselves with the debt ceiling again except for inflation.

Obama care repeal should be on the table, too.

Once we bump the ceiling, it’s all over for Obama.

{^_^}

herself on July 12, 2011 at 6:33 AM