Posted on 07/26/2011 5:25:09 PM PDT by ejdrapes
Bachmann says she won't vote to raise debt ceiling ANKENY - GOP presidential candidate Michele Bachmann said Tuesday that President Barack Obama has a serious spending problem and it's time to cut him off. Bachmann reiterated her stand that she will not vote to raise the national debt ceiling, but she advocated a temporary fix that would pay the interest on the debt and military salaries as a way to stave off an economically risky U.S. default scenario as an alternative to plans being pushed in Washington that potentially could raise the ceiling to $16.7 trillion. During a news conference outside an Ankeny restaurant, Bachmann, 55, a three-term Minnesota congresswoman and tea party movement activist, criticized Obama's handling of the nation's debt problem. She indicated she also would not support fellow Republican House Speaker John Boehner's plan to increase the federal borrowing authority -- emergency legislation pending in the House to avert a threatened national default that the White House has threatened to veto. "This Republican will not vote to raise the debt ceiling. I will not do that. My colleagues will have to make their own conclusions," she told reporters, noting that she has never voted to increase the nation's debt load and that Obama also voted against raising the debt ceiling when he was a U.S. senator. Bachmann criticized Obama's characterization of the nation's $14.3 trillion debt as "a little credit card debt," saying the Iowans and other Americans she has encountered on the campaign trail want Washington politicians to fix the problem by cutting spending without raising taxes. She said Obama's proposed "balanced" approach uses focus group-tested "code" words that would mean more spending and higher taxes and Americans are not fooled. "The president wants a $2.4 trillion license to keep spending money and borrowing money that we don't have. The president has a serious spending problem," she said. Bachmann said negotiators from both political parties who are trying to beat an Aug. 2 deadline to raise the debt limit or face national default are starting from the wrong premise that the ceiling has to be increased when "what we need is a fundamental restructuring of our economy. That is not happening." "We've seen this movie play out before. We're promised cuts and they're never realized. The tax increases are always real, but the spending cuts are never real. They're elusory," said Bachmann, who advocated cuts in federal spending and tax rates on "job creators," a repeal of the "Obamacare" overhaul of the health care system and a federal balanced budget amendment as solutions for turning around the nation's economic fortunes. Bachmann's message resonated with Norma Righi and Sharon Meredith, two Ankeny women who applauded her stance and said they planned to support her in the crucial Aug. 13 Iowa GOP straw poll in Ames.
By Rod Boshart Journal Des Moines Bureau Sioux City Journal
| Posted: Tuesday, July 26, 2011 5:29 pm
Alex Brandon
Sorry, Bachmann is running for President not Speaker. And Palin isn’t running for anything right now...
It's just a few of the important things that the government needs to fund that keep us from paying our military and social security recipients.
If Palin entered the race and won the first few caucuses and primaries, Michele could easily decide to quit and run for reelection instead. And of course there are always Congressional leaders picked after the election. With a Pubbie landslide, it could happen.
I hope it is being re-written. Bonehead is showing that he is as intelligent as a box of rocks. In his 10 year BS we would probably increase the debt by trillions.
Where is Bachmann's debt plan?
So what it is one vote. If she wants to be a leader she would bring others with her. I thought she was going to get the tea party people to vote with her so far that has not happened.
now there's a first. /s
Vice Pres: Col Allen West ;o)
They’d not only have the breakdowns, they’d be scared to death
ditto that
Gee, does this mean she’s actually going to go back to DC and do her job?
That's all she wrote folks, she's expanding her horizons and knows she can't win, but is running anyway.
Where is her plan?..
No debt limit increase “IS” a balanced budget deal..
Except for the debt limit increase that has ALREADY happened..
A balanced budget amendment is ONLY way..
ONLY revenue can be spent.. ZERO deficits.. mandatory..
THEN a new taxing system needs to be installed..
Maybe Bambi may have to cut the umpteen thousands of government jobs the asswipe created. What a concept.
GO!.......... Bachmann
Palin KADs sniping at Bachmann. There’s something we haven’t heard before...
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