This crisis was manufactured by the tea party rino's.
My brother has worked in government procurement for 25 years. Due to his frustrations with our broken system, we have spoken at length about requisitions, bidding, awarding contracts etc. It is a time consuming process with bean-counters and pencil-necked bureaucrats every step of the way. The simplest request takes months not days or hours. In less than 8 hours of the shutdown, "miraculously", professionally printed 3X4 foot signs appeared all over the country in the tens of thousands saying- “this [park, facility, etc. with custom logos] closed due to government shutdown. There has not been a government shutdown in 17 years. These signs were designed, specifications were determined, signs were then requisitioned, bids were posted and vetted, government contracts were awarded. The materials were then ordered and the signs manufactured then distributed U.S. Mails or freight companies. This shutdown was orchestrated and planned well in advance at least 6-8 month ago. Millions of tax dollars were appropriated and spent in this process. Most likely, there is a paper trail a mile long leading directly to the White House, who are the overseer of all of these shut-down locations.
You don't understand how an opposition party works ? or was this rhetorical?
No, I guess I don't. Please explain.
This is just dumb, Congress commits the government to expenses through the budgeting process. The budget deficits are approved and codified into law. The debt ceiling is a manufactured artificial number put in in 1917 because of world war 1 that says the united states can only borrow up to x amount.
Fancy way of saying that we are borrowing from one pocket to pay the other pocket. In the end the debt is going up, not down. The debt is the principal plus interest, not just the interest. When that number goes up, it means that we aren't paying our debt. Just rolling it over and kicking that big ass can down the road until it gets too big to kick. Which, by the way, will be during our lifetime. ENJOY
Raising the debt ceiling isn't paying our debts .. but we can't pay our debts without raising the debt ceiling under the current budgetary law.
Common sense would tell an individual in the same position that if you have more money going out than coming in that the first thing you do is to cut your expenditures in order to pay your bills.
Raising the debt ceiling doesn't create more debt .. passing budgets with deficits raises our debt .. it's unconstitutional to not pay our debts. Therefore the controlling instrument for the debt isn't the debt ceiling, it's the deficit budgets.
And those budget deficits will be added to the total debt ceiling, it's all the same in the end. You're just talking in circles.
How are we bankrupt? .. what definition are you using ? and by what metrics did you determine that we're bankrupt ?
Give it a while, you'll find out. Be prepared or prepare to suffer!
The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. It is a sign that the US Government can not pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government's reckless fiscal policies. Increasing America's debt weakens us domestically and internationally. Leadership means that "the buck stops here." Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.
I'll take his word for it. We currently have a serious
failure of leadership that starts all the way at the top! I bet you agreed with his statement back then, but now you mirror his stance. The blind leading the blind, truth is stranger than fiction.
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