Obama refuses to allow the debt ceiling to be a hostage

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Rana said:
The Congress needs to make cuts, if they don't, the debt ceiling needs to be raised. This is money already spent, not money to be spent. We need to pay our bills. I think most lack this understanding!
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What most lack the understanding on, is the simple fact that if the idiots in DC just keep repeating the cycle, then the situation continues to get worse and worse. Yes, we need to pay our bills. But we also need to stop spending more than we bring in. For over 50 years we have spent more. This pattern has to stop. We are screwing over future generations simply because we want things to be nicer/easier for us. That must stop.
 
Superfreak said:
What most lack the understanding on, is the simple fact that if the idiots in DC just keep repeating the cycle, then the situation continues to get worse and worse. Yes, we need to pay our bills. But we also need to stop spending more than we bring in. For over 50 years we have spent more. This pattern has to stop. We are screwing over future generations simply because we want things to be nicer/easier for us. That must stop.
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You have no argument from me on that.
 
Rana said:
I said Congress, I don't see this being a problem for one side or the other, I see the budget as being a bi partisan issue that both sides have failed to act.
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but both sides haven't failed to act......the Republicans sent a budget to the Senate every year which the Senate has failed to vote on.......
 
cawacko said:
I apologize for asking this but I am honestly curious.

Desh, when someone posts an article from a right-leaning site or a right-leaning article you go out of your way up front to say it is not credible because the site or person is right wing. Are we now suppose to believe this article from a left-leaning site is credible?
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If you are honestly curious then I believe for fairness sake you should also ask someone who falls on the "right" side of the ideological fence the same question.
 
Rana said:
Didn't the Senate pass a budget on March 23 2013 or am I misinformed?
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Ah yes, the irreconcilable budget. Are you under the impression that at any point in Obama's Administration after his first year we've worked with other than supplemental spending bills and no budget? The first they voted on in 4 years was a dud, and they knew it when they passed it.
 
Damocles said:
Ah yes, the irreconcilable budget. Are you under the impression that at any point in Obama's Administration after his first year we've worked with other than supplemental spending bills and no budget? The first they voted on in 4 years was a dud, and they knew it when they passed it.
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Um, Damo. This is the part where you should first acknowledge that you were wrong and then go on to making whatever dumbass argument you want to make. You have a really bad habit of ignoring the first part.
 
Rana said:
http://www.rooseveltinstitute.org/new-roosevelt/federal-budget-not-household-budget-here-s-why
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what the article overlooks is that while we have had a debt for 173 years, the debt we accrued between 2000 and 2008 is more than we accrued during the other 165.....and the debt we've accrued between 2008 and today is more than we accrued from the beginning until 2008.....

But only a moron would refuse to accept dollars today on the belief that at some unknown date in the hypothetical and distant future their value might be less than today’s value
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only a moron would fail to recognize that the opposite is true if you are GIVING dollars in exchange for a promise to repay at some unknown date and distant future value......
 
Damocles said:
The House has passed their Budget, the Senate simply hasn't even voted on any of them since 2009. They don't even put forward their own budget for a vote.

The last one they voted on was Obama's proposed budget in 2012, and they voted against it 0-97, not one Democrat vote for the President's proposed budget. Each year they have unanimously rejected Obama's plan, but never put forward any others for any vote at all, not their own, not the one passed by the House...

And no, it isn't because of filibuster as Budget Resolutions cannot be filibustered.
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http://thehill.com/blogs/floor-action/senate/227857-senate-rejects-obama-budget-in-99-0-vote



A budget resolution based on President Obama’s 2013 budget failed to get any votes in the Senate on Wednesday.

In a 99-0 vote, all of the senators present rejected the president’s blueprint.

It’s the second year in a row the Senate has voted down Obama’s budget.

Obama's 2012 budget failed 97 to 0 last May after Obama himself last April said he wanted deeper deficit cuts.

Read more: http://thehill.com/blogs/floor-acti...jects-obama-budget-in-99-0-vote#ixzz2fFFbiutM
Follow us: @thehill on Twitter | TheHill on Facebook
 
PostmodernProphet said:
what the article overlooks is that while we have had a debt for 173 years, the debt we accrued between 2000 and 2008 is more than we accrued during the other 165.....and the debt we've accrued between 2008 and today is more than we accrued from the beginning until 2008.....





only a moron would fail to recognize that the opposite is true if you are GIVING dollars in exchange for a promise to repay at some unknown date and distant future value......
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because you crashed the economy and left two wars for the next guy to pay for
 
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