Little-Acorn
06-20-2011, 09:13 AM
Yep, Senate Republicans are caving. They want us to believe that they will raise the Natl Debt limit without ANY spending cuts, for "Only a brief time" and then lower it back down. And/or get the spending cuts later.
And if you believe that, the job of Iraqi Information Minister is still open.
When has the U.S. Congress EVER lowered spending (and particularly borrowing)?
EVER???
Aside from a brief time after WWII when massive weapons programs got cancelled, and spending went from Oh-My-God-Gargantuan to merely Huge? And even then, borrowing cuts were accompanied by equally-large spending cuts.
Nope. Republicans are merely trying out this line of weaselling, to see if THIS will be the way they can keep their jobs while reneging on the promises that got them into office: Cutting Spending. And they want to see if few enough of us are watching, that they can ease it past us.
No point in complaining about Democrats who are pushing this cave-in too: They are merely being Democrats, no more able to cut spending than normal people are able to stop breathing.
So, will we buy it, and let them get away with it?
If not, it will be the first time.
But that was true of the Berlin Wall falling, too: the first time Big Government was rolled back, anywhere on the planet, in the history of mankind.
------------------------------
http://ca.news.yahoo.com/short-debt-limit-hike-possible-mcconnell-195539802.html
Short debt limit hike possible: McConnell
By Dave Clarke, Editing by John Crawley | Reuters – 18 hours ago
WASHINGTON (Reuters) - Congress and the White House could raise the debt limit for a few months while they seek a comprehensive, long-term budget deal, Senate Republican leader Mitch McConnell said on Sunday.
The Obama administration has warned it will run out of money to pay the nation's bills if Congress does not raise the $14.3 trillion debt limit by August 2 -- a prospect that could push the country back into recession and upend global financial markets.
Congressional Republicans, particularly in the House of Representatives, have balked at raising the debt ceiling unless it is accompanied by significant spending cuts.
McConnell said on Sunday the ceiling could be raised enough to last a few months so that negotiations can continue on a larger deal that would include changes to so-called entitlement programs like Medicare.
"The president and the vice president, everybody knows you have to tackle entitlement reform," McConnell said on CBS's "Face the Nation."
"If we can't do that, then we'll probably end up with a very short-term proposal over, you know, a few months. And we'll be back having the same discussion again in the fall," McConnell said.
And if you believe that, the job of Iraqi Information Minister is still open.
When has the U.S. Congress EVER lowered spending (and particularly borrowing)?
EVER???
Aside from a brief time after WWII when massive weapons programs got cancelled, and spending went from Oh-My-God-Gargantuan to merely Huge? And even then, borrowing cuts were accompanied by equally-large spending cuts.
Nope. Republicans are merely trying out this line of weaselling, to see if THIS will be the way they can keep their jobs while reneging on the promises that got them into office: Cutting Spending. And they want to see if few enough of us are watching, that they can ease it past us.
No point in complaining about Democrats who are pushing this cave-in too: They are merely being Democrats, no more able to cut spending than normal people are able to stop breathing.
So, will we buy it, and let them get away with it?
If not, it will be the first time.
But that was true of the Berlin Wall falling, too: the first time Big Government was rolled back, anywhere on the planet, in the history of mankind.
------------------------------
http://ca.news.yahoo.com/short-debt-limit-hike-possible-mcconnell-195539802.html
Short debt limit hike possible: McConnell
By Dave Clarke, Editing by John Crawley | Reuters – 18 hours ago
WASHINGTON (Reuters) - Congress and the White House could raise the debt limit for a few months while they seek a comprehensive, long-term budget deal, Senate Republican leader Mitch McConnell said on Sunday.
The Obama administration has warned it will run out of money to pay the nation's bills if Congress does not raise the $14.3 trillion debt limit by August 2 -- a prospect that could push the country back into recession and upend global financial markets.
Congressional Republicans, particularly in the House of Representatives, have balked at raising the debt ceiling unless it is accompanied by significant spending cuts.
McConnell said on Sunday the ceiling could be raised enough to last a few months so that negotiations can continue on a larger deal that would include changes to so-called entitlement programs like Medicare.
"The president and the vice president, everybody knows you have to tackle entitlement reform," McConnell said on CBS's "Face the Nation."
"If we can't do that, then we'll probably end up with a very short-term proposal over, you know, a few months. And we'll be back having the same discussion again in the fall," McConnell said.