Thu Nov 29, 2012, 03:43 PM
sheshe2 (37,111 posts)
Spitzer Gives Pretty Good Advice
Boehner Wants To Hold Obama Hostage on the Debt Ceiling Again. Here’s How to Stop Him.
By Eliot Spitzer | Posted Wednesday, Nov. 28, 2012, at 5:53 PM ET
So don’t do it again. The debt ceiling will necessarily and inevitably be hit and breached early next year. Yet when President Obama told Speaker Boehner at their Nov. 16 meeting to raise the ceiling by year’s end, Boehner reportedly replied, “There is a price for everything.”
No, there doesn’t have to be. Sometimes what is necessary and good policy should just be done. The ceiling will be breached because the fiscal track we are on created another huge deficit this year—as every member of Congress knows and has implicitly supported by agreeing to the expenditures and revenues that are now in place. The debt ceiling will be exceeded because of Boehner’s policies, policies that have driven government revenues down to about 15.5 percent of GDP—well below historical norms, and far below the expenditure levels of about 22 percent of GDP.
So here is the offer the president should make, and how he should say it: “Mr. Speaker, last year I tolerated an unacceptable and improper effort by your House to extract concessions on an issue that should be a simple, procedural vote. I will not do that again. I have made many proposals to avoid the fiscal cliff, but you have not responded with anything tangible. Unless you immediately raise the debt ceiling sufficiently to get us to Jan. 1, 2015 based on current deficit projections, we are ceasing all negotiations. I am happy to have the Bush tax cuts expire on Jan. 1, and then have you explain to the public that you have raised the taxes on all Americans and are playing games with our national debt obligations merely because you are unwilling to act responsibly.”
3 replies, 994 views
Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Spitzer Gives Pretty Good Advice (Original post)
|Filibuster Harry||Nov 2012||#3|
Response to sheshe2 (Original post)
Thu Nov 29, 2012, 03:58 PM
PoliticalBiker (328 posts)
2. All of the arguements by the dems....
... need to be framed around the irresponsibility of the republicrats.
Every arguement for the filibuster needs to be framed around how irresponsible it was for the republicans to set the filibuster rules as they did because of the effect on governmental processes.
Every arguement for the super-majority rules needs to be framed around how irresponsible it was for the republicrats to have implemented such a process-ending policy.
Every arguement for the delay in passing middle-class tax cuts needs to be framed around how irresponsible it is for the republicrats to be playing politics with 98% of the population for the benefit of the very few who don't need it anyway.
Every arguement for the imposition of the voter supression laws that have been implemented around the country needs to be framed around how irresponsible it is for the republicrats to limit, not expand, access to voting.