Posted on 07/30/2021 4:05:00 AM PDT by Kaslin
The specter of breaching the debt ceiling is once again upon us. Suspension to the nation’s borrowing limit expires July 31.
Elected Republicans currently are out of power in the House, Senate, and White House. Accordingly, they have no power to decisively act on the debt ceiling in a positive way. And, they have only a little influence. But, it is a great opportunity for Republican candidates if they would recognize that promises can be made to voters and then resolve that these be met when they are returned to power.
The high water mark for fiscal conservatism over the last couple of generations or so was Newt Gingrich’s House forcing President Bill Clinton to enact balanced budgets. Subsequently, elected Republicans fell off the wagon, so to speak, with the result that, after a while, the Tea Party movement was spawned to re-emphasize fiscal conservatism. This movement, which had strong influence for some time, has waned. As a result, for more than a dozen years, elected Republicans have authored record deficit spending bills when in power. But, there is a confluence of two forces which give hope for the future. The first is President Donald Trump’s personification of the stricture to Do What You Said You Would Do. The second is the need of the Republican Party to stand for something significant besides having a different color team jersey.
Congressional Republicans should specify to Democrats that their collective vote to raise the debt ceiling depends upon four conditions being met. The first is requiring individual appropriations bills. The second is elimination of baseline budgeting. The third is changing the charter of the Federal Reserve. And, the fourth is eliminating funding for certain government programs, offices, agencies, and departments.
(Excerpt) Read more at americanthinker.com ...
by their own choice, their own deceit,
and their own sedition and treason,
elected pedophilic Republicans are out of power
by their own choice of attacking their voters
and the elected PRESIDENT.
They are the most evil useless, selfserving
parasites in the universe.
The high water mark for fiscal conservatism over the last couple of generations or so was Newt Gingrich’s House forcing President Bill Clinton to enact balanced budgets.
They weren’t really balanced. They still used the SSI revenue surplus.
They were never balanced.
If we could only get a government in there that would force a reduction of the deficit each year until the debt could start to be paid back and forced payback each year until gone.
I talk to liberals all the time who do not see danger from the debt, because interest rates are low.
Taking a stand on raising the debt ceiling would be typical of how the GOP operates in Washington. Engage in the worst type of fiscal irresponsibility when they are in power, then stand up and claim to be principled fiscal conservatives when they have no power to stop any vote on any bill.
We live in a kleptocracy.
Policy discussions belong in the college classroom—adults can no longer take them seriously.
Watch the RINOS will vote with the Democrats. They don’t care.
LOL! This opening sentence is pure corn. How this mess got by an editor is beyond me.
I voted many times for Mitch McConnell when I lived in KY and Rob Portman when I moved to Ohio. Why? Because they claimed to be fiscal Conservatives.
Both voted for the new “Infrastructure Bill.”
Liars. We have been fooled for so many years. There is no fixing this anymore.
First, is to vote no on the debt ceiling. Second, is to vote no on every appropriations bill. Third, is to get back into power and cut the hell out of government. Eliminate entire agencies. I won’t list them because it would take too long.
Simple: both the author and editor got their journalism degrees from an Ivy League school.
They also changed accounting methods. They counted Socialist (in)Security receipts, but not the liabilities. Walla! “Balanced budget!”. Try doing that when you apply for a business or personal loan. Might want to stock up on soap on a rope......
Some think it's best to stand back and prepare for the inevitable collapse.
Well said. Republicant’s are completely content to be the minority party provided they get keys to the Congressional hot tub and sauna, along with invites to all the swanky DC cocktail parties.
Sounds right.
… what should they have done decades ago.
Remember the Contract With America?
Take a gander at Not So Radical Republicans from Reason Magazine, 1998 …
https://reason.com/1998/07/01/not-so-radical-republicans/
The problems with the Memphis bridge are eerily similar to the fate of the Taggart Bridge. I-40 must be turning into the world's largest parking lot.
My wife and a few inlaws just returned from a road trip to Louisville and Gatlinburg. They encountered numerous delays on the Interstates on their way back.
I lucked out, and avoided the trip by starting a new job. It's a pleasure to work for a company whose owners share the same attitudes on the vaccines, i.e. we'll think about it after the FDA approves it, and not before.
Prepare for a bunch of talk….then bipartisanship….then rolling over and giving the rats whatever they want….same game, same results…
Plus the usual "press conference" telling the people how great this is.
That's OK because none of them are going to go away, regardless of who is in the Oval Office and who controls Congress.
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