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Blame The Democrats

FederalRepublic

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If this was the case, why haven't Republicans offered a budget bill that didn't also include their political agenda?
When has anyone ever offered a budget that didn't include their agenda?
 

FederalRepublic

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Reagan had an opposition party that was mostly made of reasonable people.

This is not currently the case.

The democrats shut down the government eight times during the Reagan administration. Duly noted that people who shut down the government to get what their constituents want are reasonable people.
 

Perotista

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I agree, and I put Obamas quote from 2006 into the article. "The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure ... I therefore intend to oppose the effort to increase America’s debt limit.” ~ Senator Obama



Raising the debt ceiling is unpopular nationally. The survey I saw said 61% of the public oppose it. It is hard to get elected to the Presidency with a campaign slogan of a majority of you are wrong.

I think we are getting to the upper range on where we can lift it. Today interest rates are near zero. As they normalize, interest costs will explode. Interest is different from all other expenditure in that it is not subject to voter approval. If you don't like the ACA, vote in a new batch of Congressmen and it is gone. With interest you can change all 535 people in Congress, and they aren't able to do anything about it. Today interest is $420 billion or so. That is on revenue of $1.7 trillion.

People are largely pissed today because Washington takes so much and delivers so little. Imagine what will happen when we actually have to pay cash.


Oh I remember Senator Obama's quote and the fact he used the term "It was UNPATRIOTIC to raise the debt ceiling." So if one was playing the political shenanigan games they play in Washington D.C. it does seem Senator Obama is accusing President Obama as being unpatriotic.

I have pointed what you are talking about several times on this site. Sure the interest is around 420 billion a year at about 2% interest. But what happens when interest rates finally return to normal, around 6% which has been the norm for decades, on 20 trillion that is 1.2 trillion just to pay the interest. Let's hope we do not see the rise in interest rates that occured under Carter, then we would be paying over 2 trillion dollars in interest leaving very little money for anything else.

We have dug ourselves a hole in which we as a nation can't climb out of. I am sure almost all politicians in Washington know this and know at some point in the future the U.S. will crash. But that is in the future, 5 years from now, maybe ten if we are lucky. SS and all these programs will mean nothing when it takes a month's SS check just to buy a loaf of bread and some eggs. But every single politician in Washington is looking just to the next election or at their approval polls totally disregarding America's future.
 

Moot

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What choice did the democrats give the republicans? Either give the democrats everything they want, or shut down the government? By any standard that's extortion, not a negotiation.
The democrats gave the repubs over six months to negotiate the budget and they refused.

May 13, 2013

"...It’s been more than two months since the Senate passed a budget. McCain said a “minority of the minority” was obstructing progress on the budget. He said he was “worried about the precedent this sets” because perhaps the House and Senate will never go to conference ever again....<snip>.....

McCain warns GOP: Budget conference obstruction will lead to rule changes - The Hill's Floor Action


June 4, 2013

"....Sen. John McCain is still angry that fellow Republicans are blocking a House-Senate conference on the budget, but he said Tuesday that he’s done with the “fruitless” floor debates.....<snip>....

According to the Senate Budget Committee, Tuesday marked the 12th time since April 23 that a Republican senator had blocked a request to go to conference. And it was not long ago, she noted, that Republicans were the ones chastising Democrats for not passing a budget....."

Read more: John McCain tired of ?fruitless? budget fight - POLITICO.com


July 1, 2013

"....Just a few months ago, Republicans were eager to go to conference, but once they got what they wished for, Republican leadership ran as fast as they could in the other direction. Over the past 100 days, Republican leadership has followed a Tea Party-backed strategy of obstruction, and has offered up excuse after excuse for blocking conference and ignoring regular order.

Democrats aren’t the only ones calling for regular order—many Senate Republicans have tired of their leadership’s delaying tactics.

With a bit more than a month left before August recess, will Senate Republicans stop blocking a bipartisan budget conference and allow the House and Senate to begin bipartisan negotiations—or will they continue to block negotiations until they can manufacture a crisis?

Press Releases & Statements - Press Room - Senate Budget Committee


Everything in the budget that makes necessary to raise the debt ceiling, otherwise there's no point in having a debt ceiling.

Republicans Spent Year Blocking Budget Conference (VIDEO)

McCain, Collins Mock GOP Blockade on Budget Conference | The World's Greatest Deliberative Body


Republicans had over six months to negotiate a budget but refused because they didn't want to raise the debt ceiling. But if the house republicans didn't want to raise the debt ceiling then they shouldn't have voted overwhelmingly for appropiation bills that put the budget over the debt ceiling. Thats like running up the credit card and then refusing to pay the bill. Thats not very fiscally responsible, is it?
 
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Deuce

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I read the thread title and can't help but see the unwritten "pleeeeaaaseeee" at the end. The craziest part is how the Republican leadership almost seems to think this is actually working in their favor.
 

FederalRepublic

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The democrats gave the repubs over six months to negotiate the budget and they refused.

May 13, 2013

"...It’s been more than two months since the Senate passed a budget. McCain said a “minority of the minority” was obstructing progress on the budget. He said he was “worried about the precedent this sets” because perhaps the House and Senate will never go to conference ever again....<snip>.....

McCain warns GOP: Budget conference obstruction will lead to rule changes - The Hill's Floor Action


June 4, 2013

"....Sen. John McCain is still angry that fellow Republicans are blocking a House-Senate conference on the budget, but he said Tuesday that he’s done with the “fruitless” floor debates.....<snip>....

According to the Senate Budget Committee, Tuesday marked the 12th time since April 23 that a Republican senator had blocked a request to go to conference. And it was not long ago, she noted, that Republicans were the ones chastising Democrats for not passing a budget....."

Read more: John McCain tired of ?fruitless? budget fight - POLITICO.com


July 1, 2013

"....Just a few months ago, Republicans were eager to go to conference, but once they got what they wished for, Republican leadership ran as fast as they could in the other direction. Over the past 100 days, Republican leadership has followed a Tea Party-backed strategy of obstruction, and has offered up excuse after excuse for blocking conference and ignoring regular order.

Democrats aren’t the only ones calling for regular order—many Senate Republicans have tired of their leadership’s delaying tactics.

With a bit more than a month left before August recess, will Senate Republicans stop blocking a bipartisan budget conference and allow the House and Senate to begin bipartisan negotiations—or will they continue to block negotiations until they can manufacture a crisis?

Press Releases & Statements - Press Room - Senate Budget Committee




Republicans Spent Year Blocking Budget Conference (VIDEO)

McCain, Collins Mock GOP Blockade on Budget Conference | The World's Greatest Deliberative Body


Republicans had over six months to negotiate a budget but refused because they didn't want to raise the debt ceiling. But if the house republicans didn't want to raise the debt ceiling then they shouldn't have voted overwhelmingly for appropiation bills that put the budget over the debt ceiling. Thats like running up the credit card and then refusing to pay the bill. Thats not very fiscally responsible, is it?

Do you think it would've mattered? If the democrats won't compromise now, why do you think would they have compromised in the previous 6 months?
 

FederalRepublic

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Well, republicans have a long history of saying that up is down and down is up. It's like whatever they say the exact opposite is true. It never fails.

Democrats have a long history of coming up with names like "Affordable Care Act".
 

JoeTheEconomist

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Oh I remember Senator Obama's quote and the fact he used the term "It was UNPATRIOTIC to raise the debt ceiling." So if one was playing the political shenanigan games they play in Washington D.C. it does seem Senator Obama is accusing President Obama as being unpatriotic.

I have pointed what you are talking about several times on this site. Sure the interest is around 420 billion a year at about 2% interest. But what happens when interest rates finally return to normal, around 6% which has been the norm for decades, on 20 trillion that is 1.2 trillion just to pay the interest. Let's hope we do not see the rise in interest rates that occured under Carter, then we would be paying over 2 trillion dollars in interest leaving very little money for anything else.

We have dug ourselves a hole in which we as a nation can't climb out of. I am sure almost all politicians in Washington know this and know at some point in the future the U.S. will crash. But that is in the future, 5 years from now, maybe ten if we are lucky. SS and all these programs will mean nothing when it takes a month's SS check just to buy a loaf of bread and some eggs. But every single politician in Washington is looking just to the next election or at their approval polls totally disregarding America's future.

Here is the piece I wrote on PolicyMic about it. I don't think we get 5 years as we are. There will have to be some adjustments.

U.S. Debt Ceiling Clock Almost at Midnight, Here's One Proposal That Could Save Us
 

Fenton

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I hope that isn't right. There is no

way that the Democrats will concede it. I can see holding it up in exchange for pork, but if it is a battle for the ACA, we might as well draw-up secession papers. The government will not be able to function if that is the dividing line.

First off, it we do NOT raise the debt cieling, it simply means we cannot spend MORE than what our limit currently is.

Second, the Federal Government has been taking in revenue this entire time and has the money to pay off the debt service so there is no reason to claim we're heading for a default.

Third, we've given the Democrats what they've asked for for nearly 5 years, and what has it gotten us.

A profoundly sick economy, a make believe "recovery", nearly 7 TRILLION more dollars in structural debt and a FED policy that it in place for ONE REASON.

To keep all of that extra debt CHEAP.....for now. It's not going to stay that way but I assume sometime after the 2014 elections the FED will stop their perpetual and highly destructive QE.

Honestly I think the GOP should do whats necessary, to stop the Dems from doing anymore damage

You cant argue with using "chicken little" examples in the present when we passed the point of no return a few years ago.
 

YoungConserv

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Yeah, man. The Republicans have to surrender and accept that the law passed by congress and signed by the president, full of provisions supported by the majority of Americans absolutely support, and deemed constitutional by the supreme court, is going to stick. They do not get to throw a temper tantrum and demand concessions that violate the entire judicial process and damage the country to this extent in order to get it. That is just plain bad governing.
Except that ignores the fact that already changed te ACA with out congressional approval.
 

Comunitee

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Do you think it would've mattered? If the democrats won't compromise now, why do you think would they have compromised in the previous 6 months?

Because they've been compromising continuously since the old buzzard came into office in 1981. The Democrats never show enough spine.

We still vote for Democrats because they're all we got. Because they can win, whereas people honest enough to call themselves Socialists can't. (Except in Vermont.)

We still vote for Democrats because they can give us some of what we need, even though they fritter away their chances to give us more, while the Republicans not only don't give us what we need, but they actively take it away.

Need. Not want. The Republicans are all about want. And what matters to them is what THEY want, not what YOU want.
 

Perotista

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Here is the piece I wrote on PolicyMic about it. I don't think we get 5 years as we are. There will have to be some adjustments.

U.S. Debt Ceiling Clock Almost at Midnight, Here's One Proposal That Could Save Us

Great article, well stated. Interest is the one thing no one has control over. I think you were kind at placing historical average interest rate at 5%, I always thought it was 6% but that is nothing to quibble about. 5 years you say. Back when I was on politico instead of DP during Obama's first term I said ten years and those who knew me on politico can vouch for that. Our time frames are just about the same also. I figured 15 trillion once passed was the point of no return, that at that point it was inevitable the U.S. would fall off that financial cliff. I figured 20 trillion and 6% interest was the point the fall would take place. So who to quibble at 5% and 21 or 22 trillion or 4% and 23/4 trillion. The fact is we are going over and there is no way to stop it.

Great article.
 

Harshaw

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They do not get to throw a temper tantrum and demand concessions that violate the entire judicial process

Explain in detail how it "violates" any "judicial process," let alone "the entire."
 
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