Good as far as it goes. IMO the answer to that question should be another question, i.e., "Why should we link spending cuts to revenue increases?"
I hope Bachnann has not painted herself in a corner with no increase in the debt limit categorically. The debt limit had to be raised because there is no way we could make the 60% cuts in spending immediately to align ourselves with revenue. We need to change the spending trajectory, but it won't be done overnight given the real drivers of our debt, i.e., the entitlement programs. Bachmann should have supported cut, cap, and balance.
I watched Rep. Bachmann and I have been watching her for a while. I still see her diverting all the questions back to a couple of rehearsed sound bite answers. To the extent that she moves the question to her comfort zone and doesn’t get rattled like she has in the past, I guess she gave a good interview.
Frankly, I wish this debt raising were more specific.
We have to raise it because the Democrats in congress and the White House overspent the budget and are borrowing more to pay for their programs and special interests. Which is specifically why we have to elect people who will cut the spending and those trying to buy votes. From either party.
She spoke to that.
You must grow the economy. She is absolutely spot on. You really must. She spoke of taking immediate actions that would free up economic growth which is now in big government chains.
Cut cap and balance was a great concept, but she covered that ground too. You cannot bind future Congresses to cuts down the road. You can pretend, but you can’t make it happen for real.
She didn’t cover this, but I am. The Balanced Budget Amendment would get an up or down vote. That’s all. A vote. Even if it passed, a long process lies ahead for ratification.
And depends on what version of an amendment...there are many, and even Dems would vote for some versions because they think they could raise taxes in the end.
I like her stress on a growing economy. Our revenues are in part lacking because we aren’t growing, many are unemployed and on public assistance - the latter, further draining the treasury.