Posted on 12/05/2012 5:44:05 PM PST by Olog-hai
The House Democratic leadership said Wednesday that the debt ceiling “ought not be a negotiating item” in Congress, thereby ceding their constitutional authority to borrow money to President Barack Obama.
“The debt limit ought not to be held hostage to anything,” said Minority Whip Steny Hoyer (D-Md.) during a press conference on Capitol Hill. “It hurt our economy. We were downgraded for the first time in my career, and I think in history, by one of the rating agencies. The creditworthiness of America ought not to be put at risk,” he said. “It ought not to be a negotiating item.”
The current debt limit stands at $16.394 trillion, which the Treasury Department expects to be met before the end of the year. As of the close of business Monday, the public debt reached $16.338 trillion, leaving less than $60 billion before the ceiling is met. …
(Excerpt) Read more at cnsnews.com ...
In other words, gain some balls and say to Obama " Mr President our offer to you is NOTHING!"
Go off the cliff!
....or a budget!
No, you are correct. Hoyer and that collection of clowns he runs with are complete assholes. Hoyer is unhappy that the U.S.’s credit worthiness got downgraded......I'm concerned about the country, as we know it, completely imploding.
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