Skip to comments.The GOP Gets Fiscally Tough: The latest debt-ceiling deal is a hopeful sign for many conservatives
Posted on 01/24/2013 6:39:44 AM PST by bestintxas
House Republicans appear to have gotten some of their mojo back. GOP leaders say they will insist that automatic spending cuts (the sequester) scheduled to begin on March 1 will be made and that the House will adopt a budget resolution that would lead to a balanced budget within ten years without raising any more taxes. Just a few months ago, they were singing a different, less fiscally tough tune.
On Wednesday, the House suspended the limit on the nations debt ceiling. That gives Republican lawmakers nearly four months to sort out what they will demand in exchange for raising it and puts that potentially market-spooking debate off until after budget battles over the scheduled sequester cuts and the expiration on March 27 of a continuing resolution to fund the government. Republicans view the political terrain on those issues as more favorable than that of any confrontation with President Obama and Harry Reids Senate over further spending cuts.
For once, it was Democrats who were split down the middle on how to handle a sensitive issue: The House voted 285 to 144 to pass the debt-limit suspension, with nearly half of Democrats supporting the measure and seven out of eight Republicans voting for it. President Obama has said he will sign the measure, despite his opposition to parts of it.
(Excerpt) Read more at nationalreview.com ...
Celebrating as a victory spending more money that is not there and giving a free hand out to liberals when there is no budget is tantamount to surrender.
Are there not intelligent people left at all?
How many reading this thread wanna bet that the debt ceiling WILL BE INCREASED WITH ALMOST NEGLIGENT SPENDING CUTS in 3 months?
The name of the game has always been — KICK THE CAN.
We need to reign in our imports.
We are sending billions, and billions, and billions of dollars to India, South America, China.
All one way. China especially gets stronger.
We get weaker. Constantly.
Eventually this is a reason for great concern. I would posit, if we do not do something to change what is happening, that time is rapidly approaching.
Bring back US manufacturing.
It’s so predictable. The Republicans will crow about their spending cuts, and the Federal Government will spend 20% more next year.
Wake up bubbas.
One note Charley reports in.
“Bring back US manufacturing.”
we need it as protection. Who will build the tanks and armanents when we will need them?
WWII we converted out auto plants to build war machines.
Can’t ask China’s auto plants to build them for us, they will be building them for themselves to fight us.
The gutless cowards in the House no more have "mojo" (or even gonads) than pigs have the ability to fly.
Is b*ll-less Boehner involved?
The words ‘tough’ and ‘GOP’ in the same sentence.
That’s sort of like ‘winning’ and ‘Cubs’ in the same sentence. Or ‘Hillary’ and ‘slender’.
SOrry. Am I misunderstanding this? We now have NO debt ceiling???
Isn't this exactly what Obama DEMANDED? That he have control of the debt ceiling? We have no debt ceiling until May 18? So now as long as they do all their spending before May 18, it's all good? They can spend as much as they want as long as it's before May 18? Did I get that wrong?
So they can spend the entire 2013 year, as long as it's POSTED before May 18? And why stop there? If we have no debt ceiling, they can do the spending for the next 4 years as much as they want. No debt ceiling is a disaster. Usually don't they have to raise it by a certain amount or am I misunderstanding something here??? Sure hope I am.
And we got nothing in return? Sequester don't matter with this. They can spend it and call it something else.
ARE THEY FRICKIN CRAZY? *NO* DEBT CEILING???????
Yah. I think it's time to jump the GOP ship. Why bother? They're just Dems with an R in front of their name.
One could always look up and read the bill.
The US government should - and could - get to a balanced budget within TWO years, but even in the best fantasy simulation, that is not going to happen. Nobody who is in position to make it happen is in the least interested.
Not Bronco Bama. Uncompromising ideologue that he is, and with an attitude that dwarfs that of even Benito Mussolini, he has battles to fight, and most of them are with history and precedent.
Not the US Senate, so long as Harry Reid draws breath. Dingy Harry will not, for illogical and devious reasons, even consider debate on a Federal budget, let alone pass one. Passing “resolutions” to keep the various agencies running conceals a great deal of unmanaged spending in play, with no accountability or oversight.
Not the House, which seems to surrender time after time of matters of conscience and responsibility, because they don’t want to get tagged as the “villains” in this drama.
But surrender is not any path to victory, or even resolution of the current crisis. The mud wallow we find ourselves in only keeps getting deeper and wider, with no hope of pulling ourselves from the mire.
Set the debt ceiling at what it was in November 2006. And don’t budge. The wrath of the world at the massive default should be sufficient incentive to put the house in order.
For sure, a LOT of spending would have to stop.
Cold turkey is one of the more dreadful prospects any junkie has to face, except that the other choices are even worse. There is no tapering off, and the only other alternative is coma and death.
The name of the game has always been KICK THE CAN.
Fortunately, someone did actually return from the grave. His solution is fantastic, but the evil one must be exposed first, before we can all revel in the final schadenfreude. But even that will be brief since they will quickly go to total and utter irrelevance.
I’m getting the feeling the evil one(s) are getting exposed to those that are not deluded. It sure likes like it to me anyway.
Cant ask Chinas auto plants to build them for us, they will be building them for themselves to fight us.
Truer and closer than you may think:
I think this is saying the only spending cuts will be the automatic ones that were passed in 2011 by not stopping them, and they will delay the Senate pay if they cant pass a budget.
So what does the 10 years ‘resolution’ mean? Anything?
This may be the best they can get w just the House, but I wouldnt call it a bold step.
Really, the party must go on....
Our side is way into the buy-China thing so I expect there will be a process of denial, while more and more Chinese imports crowd out, yet more American jobs.
But there is no doubt. We need to change. Big time.
Wake up GOP.
We can’t as long as we have to pay union workers $100K to build a car that they sell for 30K that should sell for half that much.
I strongly disagree.
We have no national trade practices. Our trade practices are to export jobs.
Now we see the results of those: Democrats.
We have been on the wrong path. We need to protect American jobs.
Sure allow imports, but build up our own jobs first.
Bring back US jobs now.
I hear you loud and clear. Time to return to American manufacturing and industry. It is the only way to create the wealth needed to pay off our debt. Even if we cut all spending and tax Americans 125% of their income, we will never pay off our debt unless we bring back wealth creation in America.
Seriously, the solution is to eliminate the taxes and pro-union laws that discourage investment over here, not to implement some sort of protectionist trade embargo. However, I do support tariffs on Chinese goods, or any other countries, to match whatever tariffs they or policies they have on our goods.
This thread needed a barf alert.