Thread: debt ceiling
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Old 07-22-2011, 01:57 PM   #101 (permalink)
Baraka_Guru
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Quote:
Originally Posted by aceventura3 View Post
O.k., here is what I would do and why, if I believed I needed the debt limit increased.

First, establish negotiation leverage. I tell Congress starting in January with the State of the Union Address. Pass a clean debt ceiling increase bill. Without that clean bill, there will be no discussions regarding spending cuts, budgets, taxes or anything else.

Second, use the leverage. Regularly talk to the American people stating that the consequences of failing to increase the debt limit is unreasonable and that the best course of action is to address spending, taxes and budgets without the threat of a government shut-down or default. Polls show most people agree.

Third, introduce the legislation I want passed in both the House and Senate. Get something specific on the table.

Fourth, hold Congress accountable. If the legislation is held up, make Congress explain it to the American people.

Fifth, after passage of the debt limit increase move on to other issues....
There is a difference between playing politics with the debt ceiling and parsing it on its own separate from other economic issues regarding budgetary and fiscal matters of state. I'm not sure either is very helpful. However, if it's simply a matter of making the debt ceiling an automatic thing, that's another matter.

How rational would it be to pass a bill on the debt ceiling without addressing anything else? It would be like green-lighting new credit without stipulating how that credit is to be used. It woud be like a blank cheque...but debt.

Quote:
Will you join me in a movement to initiate a special tax on cat owners. I understand that about 10% of American households own a cat, and if these folks can afford a cat, I am certain that they can actually afford to help real live people, especially the children. Why should cats live in luxury, while some people are actually dieing of old age. It is not fair. We clearly need to spread it around a bit, don't you agree?
No. How preposterous. Why is it that you come up with these silly ideas or stories whenever we talk about things you disagree with?

Do you ever see me going on about how it would be great if we could cut spending by replacing the military's munitions with purple glitter paintballs?

Why don't you address the real issue?
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Last edited by Baraka_Guru; 07-22-2011 at 02:01 PM..
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