07-22-2011, 08:16 PM
"The President Stands By His Overspending: Barack Obama is Jimmy Carter on a normal (bad) day, not Bill Clinton on a good day. " hahahaha
Cut, Cap, and Balance is now officially dead. Too bad for that:
As Leader McConnell said, “Cut, Cap, and Balance cuts spending now, caps it in the future, and only raises the debt limit if it’s accompanied by a constitutional amendment to balance the federal budget. This is what America wants. It’s what Washington needs. All we need is 20 Democrats to join us. At least 23 of them have led their constituents to believe they’d fight for a balanced budget amendment. The White House has called for a balanced approach in this debate. This bill doesn’t just suggest balance. It mandates it. So I strongly urge my Democratic friends to join us in supporting this legislation.”
He continued, “Let me note another virtue of the Cut, Cap, and Balance Plan: it doesn’t raise taxes. . . . The reason we’ve got a debt crisis is that government spends every cent it gets — and then some. Sending Washington more money will not solve that problem, it will enable it. Our tax system isn’t perfect. But until Washington can prove that it’s responsible with our tax dollars, we shouldn’t be sending it more of them. This is why Republicans have focused on cuts in this debate, and that’s why every one of us — Democrat and Republican — should support Cut, Cap, and Balance.”
Cut, Cap, and Balance is now officially dead. Too bad for that:
As Leader McConnell said, “Cut, Cap, and Balance cuts spending now, caps it in the future, and only raises the debt limit if it’s accompanied by a constitutional amendment to balance the federal budget. This is what America wants. It’s what Washington needs. All we need is 20 Democrats to join us. At least 23 of them have led their constituents to believe they’d fight for a balanced budget amendment. The White House has called for a balanced approach in this debate. This bill doesn’t just suggest balance. It mandates it. So I strongly urge my Democratic friends to join us in supporting this legislation.”
He continued, “Let me note another virtue of the Cut, Cap, and Balance Plan: it doesn’t raise taxes. . . . The reason we’ve got a debt crisis is that government spends every cent it gets — and then some. Sending Washington more money will not solve that problem, it will enable it. Our tax system isn’t perfect. But until Washington can prove that it’s responsible with our tax dollars, we shouldn’t be sending it more of them. This is why Republicans have focused on cuts in this debate, and that’s why every one of us — Democrat and Republican — should support Cut, Cap, and Balance.”