Today (Thursday, Jan 12) Barack Obama has asked for a $1.2 trillion increase in the
national debt ceiling. Since that bill has to originate in the House, by Constitutional law, House leadership will decide what to do with this request. They have 15 days to make that decision.
What should be the response of
congressional Republican?
Honestly, if they cannot figure out how to win the
argument over spending cuts and reduced taxes during an election year, they need to wait until after the election, in the hope that they have a different president who is
willing to help in putting this nation’s economy back on track.
There is no denying the fact that
the battle over the budget is a political matter, but it is the second most critical issue of our day. Number one is Barack Obama.
Understand that we cannot cut our
way out of debt. Certainly a 40%
cut, across the board, is not a rational approach, but that is the percentage of borrowed money we secure, every year. Much of the annual debt is “structural” and must be dealt with in a top-to-bottom
over-haul of national priorities and spending habits. That takes lots of time and time is what we do not have, before the coming election.
Again, the GOP has shown no ability to “gain the
upper hand” when it comes to the fight over the annual debt. They get boxed in with every battle and come
away looking like fools.
As a TEA party conservative, I want to win this coming election even more
than I want to have a six month battle over spending, one that,
in the end, makes conservative leadership look like idiots.
No comments:
Post a Comment