She just gave a great explanation on why no Republican would take the phony “$10 in cuts for each $1 in tax increases” deal, using Reagan as a great example of why not.
She just blew the whistle on Geithner and Obama knowing full well that the S&P downgrade was coming and played politics with other people’s money anyway.
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.