Raise the debt limit and cut spending
A better strategy for House Republicans to force some spending cuts on a President who doesn’t want them looks like this.
Rely first on the sequester, second on the CR, and last on the debt limit as leverage.
On the debt limit, state loudly and repeatedly a simple principle: We will pay our bills on time and we will cut future spending. Rather than being against a debt limit increase unless it also cuts spending, say that you’re for a debt limit increase that also cuts spending. You’re the legislative branch, you control what’s in the law. Act as leaders doing the right thing, rather than as rebels trying to block President Obama and Congressional Democratic spenders from doing the wrong thing. Agree with the President that we must pay our bills, and politely smile and say “And we’re going to cut spending, too.” Make him argue against cutting spending, rather than giving him the opportunity to attack you for risking financial disaster.
Pass a bill out of the House that raises the debt limit and cuts spending. Make it a short-term extension, maybe 3-6 months, and cut spending by a similarly modest amount.
Take whatever big spending cuts you want and make them conditions of extending the Continuing Resolution. Threaten to shut down the government rather than to make the government risk not paying its bills on time. It’s a less damaging and therefore more credible threat.









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Raise the debt limitCut spending and THENcut spendingRaise the debt limitFIFY
OccamsRazor on January 15, 2013 at 1:54 PM
Flange on January 15, 2013 at 1:59 PM
“Raise the debt limit” just means borrow more money we cannot afford. This is wrong.
RoadRunner on January 15, 2013 at 2:00 PM
I wasn’t a math major or an econ major, so someone correct me if I’m wrong on this:
If you cut spending enough, you won’t have to raise the debt ceiling.
db on January 15, 2013 at 2:09 PM
Funny, if someone who isn’t a math or econ major can figure that out, then why can’t the “Smartest man in the Room”…
SWalker on January 15, 2013 at 2:13 PM
DECIMATE spending six times, then talk about raising the debt limit.
levi on January 15, 2013 at 2:14 PM
here what will happen. the dept ceiling will be raised and the spending cuts will never happen. if they manage to extract any agreement for spending cuts at all.
bannor on January 15, 2013 at 2:19 PM
The lies, diversions, obfuscations, and deceptions continue unabated.
There is no relationship between the debt limit and paying our bills. The only reason to raise the debt limit is to borrow more money to support even more spending. The arguments coming from DC don’t even make sense.
It would be like me going to my bank and telling them that without increasing my line of credit I couldn’t pay the mortgage, buy food, buy gas, pay utilities, etc. they would laugh and tell me to lower my spending to match my salary.
There is no need to make any kind of deal with Obama about raising the debt limit. If the GOP wants to cut spending the best way to do so is to refuse to raise the debt ceiling. Obama woud have no choice but to spend not a dime more than the Treasury receives in taxes each month. So, technically no deal has to be made whatsoever. It’s the GOP that holds all the cards here if only they knew how to play them.
And here the 14th Amendment actually applies. Interest on the debt must be paid first.
Charlemagne on January 15, 2013 at 2:23 PM
CUT SPENDING and LOWER THE DEBT CEILING!
Pork-Chop on January 15, 2013 at 3:08 PM