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Reply to "Republicans and the debt ceiling "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]They passed a budget in the lame duck session without buyin from Republicans, and now they complain Republicans won't support the budget that was passed.[/quote] And Republicans did that multiple times before. In fact there has only been one President in our lifetime that balanced a budget, Clinton. Everyone else is responsible for this debt.[/quote] Newt Gingrich and company — for all their faults — have received virtually no credit for balancing the budget. Yet today’s surplus is, in part, a byproduct of the GOP’s single‐minded crusade to end 30 years of red ink. Arguably, Gingrich’s finest hour as Speaker came in March 1995 when he rallied the entire Republican House caucus behind the idea of eliminating the deficit within seven years. [/quote] Ah yes, and then immediately pissed all the savings away the moment GW Bush Administration needed some tax cuts. Remember what Vice President Cheney said, "Deficits don't matter." Or rather, they don't matter unless there's a Democrat in the White House.[/quote] To be honest neither party give a crap about the budget but to only give credit to Clinton is false. Then of course there is this as well. "Clinton’s lock-box plan is nothing more than a scheme to use more than $3 trillion in Social Security surpluses to buy down federal debt. In exchange, the Social Security trust fund gets another $3 trillion worth of IOUs." There has not been an attempt to balance the budget by Democrats in 40 years. In fact, according to the historical data published by the Office of Management and Budget in the Obama White House, no Congress in which the Democrats controlled both the House and Senate has balanced the federal budget since fiscal 1969--more than 40 years ago Mean while true Republicans: A balanced budget amendment requires the government to spend no more than it takes in each year — and Republicans have pushed to consider the measure since the 1980s. The last time the House of Representatives voted on a constitutional balanced budget amendment was in 2011 -- before that, 1995. Congress has never been able to fully pass the amendment, failing to garner support from both the House and the Senate each time it’s been taken to the floor The reality is you have both parties blaming each other and getting nothing done while the rest of the country goes down the crapper. If they can't pass a budget that spends less than they take in all of them should be removed from office as this is one of the more important task for Congress as a whole. When Medicare crashes, SS can't by a loaf of bread, and the US dollar is worthless as more countries move away from it and to top that off we make hardly anything in the US anymore. What do you expect will happen? [/quote]
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