Tag Archives: Debt Ceiling

Boehner and Obama Debt Limit Negotiations

The Hill is reporting that Boehner has ended negotiations with the White House over raising the debt limit ceiling:

House Republican leaders have called off negotiations with the White House over a broad deficit-reduction deal tied to an increase in the federal debt limit and will begin exclusive talks with Senate leaders to avert a government default on Aug. 2, Speaker John Boehner (R-Ohio) announced Friday.

Boehner told House Republicans in a letter that President Obama is “adamant” about raising taxes and would not agree to “fundamental changes” to entitlement programs.

This shouldn’t come as a surprise to anyone.  Obama’s time in the Oval office to date is nothing but speeches that say one thing followed by policy that does another.  To have thought that Obama was serious when he claimed he was willing to cut spending, reform medicare and social security is wishful thinking at best

There isn’t a bone in Barack’s body that’s willing to reduce government spending.  The whole of his life has been spent enlarging government for the benefit of the “less fortunate”.  I’m convinced Obama can’t envision a world where government shrinks.  And reforming the entitlement programs?  HA!  If he speaks about reforming ’em, he isn’t talking about it in the way that you and I would reform ’em.  In his mind those reforms take the shape of ADDING to the revenue side to reduce the deficit of the programs.  Again, there is simply no way this man will shrink that aspect of government either.

There is no way that Obama means “spending cut” in any way that resembles reality as it relates to the common everyday American.

So, the fact that Boehner walked on him is the most positive thing that’s happened in a week.  Or weeks, for that matter.

With only 1 week before the government shuts down, it looks like we’re facing exactly that; a shutdown.  And judging by the reaction in Minnesota, namely — who cares? — and the fact that the Democrat gave in and accepted the Republican’s deal, I say let ‘er go.

America is fed up with the spending and it’s time we address it.

Their Fair Share

The debt ceiling rhetoric is really building steam.

As we get closer and closer to the date when the debt rises above the debt ceiling, the guys on each side continue to ratchet the discourse.

Of course I don’t think that we’ll not raise the limit.  And, even if we don’t, there is no way that we don’t pay our debt servicing.  So this whole thing is a little silly.

But I like the debate and I like the discussion being had in the offices and the coffee houses and the dance studios.

When we have Obama claiming that he can’t guarantee that old people will get their Social Security check.

“I cannot guarantee that those checks go out on August third if we haven’t resolved this issue,” says Obama.

“There may simply not be the money in the coffers to do it,” said the President.

Interesting thins are gonna be said by the everyday people.

But, back to the discussion.  I still don’t get the Left’s rallying cry that the rich “have to pay their fair share!”

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Raising Revenue

There is a gap.

The United States brings in some amount of money.  And the united States spends some other amount of money.

There is a difference between those two amounts of money; and right now, the bigger amount is the amount we spend.

We’re in debt and getting debt’ier.

All the talk ’round town is that we have to fix this problem pretty soon and the deadline that’s looming is the debt ceiling.  Everyone is looking at August 2nd and working to build a plan by then.

In it’s simplest form, the debate is about narrowing the gap of the spending and the revenue.

How are we gonna do that?

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