As for raising the debt ceiling: quoting Nancy Pelosi again, resistance to adding even more debt is “completely juvenile … legislative arson.” President Obama tells us that “raising the debt ceiling, as we have done over a hundred times, does not increase our debt; it does not somehow promote profligacy. All it does is it says you got to pay the bills that you’ve already racked up.”
Say what? Yes, you’ve got to pay the bills that you racked up under the present debt ceiling, from your existing budget revenues. Raising the ceiling says you intend to borrow even more. How does he think the debt got to almost $17 trillion?
So, what do you think? Should Republicans roll over, fund the train wreck, uncomplainingly agree to another unbalanced budget, borrow until the national debt doubles again?
As I write this, the Republican House has passed a budget. If the Democratic Senate and president refuse to accept it, they, not Republicans, will be shutting down the government.
Here’s one possible compromise: Agree on another “continuing resolution” to fund existing essential government services, and put a hold on Obamacare until 2015. Then ask American voters in 2014 to choose representatives who support Obamacare and unlimited spending/debt, or those who want fiscal responsibility. Our decision, our country’s future.
Barbara Anderson of Marblehead is president of Citizens for Limited Taxation and a Salem News columnist.