The Conservative Cave
Current Events => Economics => Topic started by: Chris on December 11, 2009, 10:21:48 AM
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Congressional Democrats prepared to pass big spending bills and a roughly $1.8 trillion increase in the federal debt limit, all at a time when concern is growing over the government's chronic deficits.
While dealing with spending for the current fiscal year, lawmakers are also crafting a plan to raise the ceiling on the government's borrowing authority. The legal limit for federal borrowing currently stands at $12.1 trillion, and the administration has said that if that figure wasn't increased soon, the Treasury wouldn't be able to cover Washington's spending obligations. Lawmakers are looking to lift the debt ceiling by nearly 15%, enough to get the government through the 2010 election.
While Democrats generally agree on the need to raise the ceiling by that amount, they are splitting over whether to try to pair it with action to force more fiscal discipline -- the creation of a "deficit reduction commission."
But House leaders are maneuvering to make the pairing move almost impossible by instead linking the debt ceiling to a must-pass bill on defense spending. Many rank-and-file House lawmakers oppose a commission, worried that it would diminish their authority and take aim at popular programs such as Social Security and Medicare. Speaker Nancy Pelosi (D., Calif.) also has signaled her opposition.
http://online.wsj.com/article/SB126047998174386189.html?mod=WSJ_hpp_sections_news
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They should all be charged with Treason.
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“Raising America’s debt limit is a sign of leadership failure.†–Sen. Barack Obama from a speech he delivered on the Senate floor, March 16, 2006
http://www.govtrack.us/congress/record.xpd?id=109-s20060316-5#sMonofilemx003Ammx002Fmmx002Fmmx002Fmhomemx002Fmgovtrackmx002Fmdatamx002Fmusmx002Fm109mx002Fmcrmx002Fms20060316-5.xmlElementm27m0m0m
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“Raising America’s debt limit is a sign of leadership failure.†–Sen. Barack Obama from a speech he delivered on the Senate floor, March 16, 2006
http://www.govtrack.us/congress/record.xpd?id=109-s20060316-5#sMonofilemx003Ammx002Fmmx002Fmmx002Fmhomemx002Fmgovtrackmx002Fmdatamx002Fmusmx002Fm109mx002Fmcrmx002Fms20060316-5.xmlElementm27m0m0m
Who knew that Senator 0Bama could be so prophetic when it came to his own term in office?
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“Raising America’s debt limit is a sign of leadership failure.†–Sen. Barack Obama from a speech he delivered on the Senate floor, March 16, 2006
http://www.govtrack.us/congress/record.xpd?id=109-s20060316-5#sMonofilemx003Ammx002Fmmx002Fmmx002Fmhomemx002Fmgovtrackmx002Fmdatamx002Fmusmx002Fm109mx002Fmcrmx002Fms20060316-5.xmlElementm27m0m0m
Outstanding find. Bookmarked for future use.
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The govt runs on the principle if we have checks we must have money left.
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The govt runs on the principle if we have checks we must have money left.
Ron White has a great bit about this. Funny as hell.
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Ron White has a great bit about this. Funny as hell.
Coupons! :lmao:
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“Raising America’s debt limit is a sign of leadership failure.†–Sen. Barack Obama from a speech he delivered on the Senate floor, March 16, 2006
http://www.govtrack.us/congress/record.xpd?id=109-s20060316-5#sMonofilemx003Ammx002Fmmx002Fmmx002Fmhomemx002Fmgovtrackmx002Fmdatamx002Fmusmx002Fm109mx002Fmcrmx002Fms20060316-5.xmlElementm27m0m0m
The RNC should use that w/video in 2012.
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The RNC should use that w/video in 2012.
Screw 2012. In 2012 it'll be too damned late. If they want to be anything more than what the whig party was when Lincoln was elected in 2012, they better damned well be engaging the ****in' enemy with ammo like that RIGHT THE HELL NOW!!!
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Screw 2012. In 2012 it'll be too damned late. If they want to be anything more than what the whig party was when Lincoln was elected in 2012, they better damned well be engaging the ****in' enemy with ammo like that RIGHT THE HELL NOW!!!
Well, let's face it.... As long as the RNC is being run by limp dicked RINOs like Steele they aren't going to play hard ball anytime soon.
It will be up to the grass roots organizations to do the fighting.
I'd like to see folks like Hannity and Beck run wth the Obama statement posted above.
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The RNC should use that w/video in 2012.
More like 2010.
United States Senate elections, 2010 (http://en.wikipedia.org/wiki/United_States_Senate_elections,_2010)
United States gubernatorial elections, 2010 (http://en.wikipedia.org/wiki/United_States_gubernatorial_elections,_2010)
Important 2010 Midterm Senate Races (http://usconservatives.about.com/od/2010midtermelections/tp/2010-Midterm-Senate-Races.htm)
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You guys are correct. We need to start using it now.
That is why I have e-mailed Beck and Hannity suggesting it as something they might want to mention on their shows.
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The RNC should use that w/video in 2012.
considering Bush requested increases a few times, I think the GOP will shy away from this. And frankly, they helped grow the gov't 40% in 8 years - they have nothing to brag about... or even a solid history to stand on.
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Both parties are notorious for spending as if there is no tomorrow.Though Republicans increased government when they were in power,Democrats have now elevated it to an art form.I fear the day when public sector employees outnumber private employees in this country.
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Both parties are notorious for spending as if there is no tomorrow.Though Republicans increased government when they were in power,Democrats have now elevated it to an art form.I fear the day when public sector employees outnumber private employees in this country.
Fed gov't is already the largest employer in the US(s)A. Followed by SLG...