Author Topic: GOP lawmaker: U.S. must raise debt ceiling  (Read 440 times)

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Offline AmericanPatriot

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GOP lawmaker: U.S. must raise debt ceiling
« on: May 18, 2011, 12:53:46 PM »

http://www.pittsburghlive.com/x/leadertimes/news/s_737429.html

Here's one for the bites the dust group.

I mentioned him before.

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Bad things will happen if Congress doesn't increase the debt limit the country reached yesterday, U.S. Rep. Mike Kelly said.

"There are certain things that are going to happen to the country, and they're all bad. There's nothing good about it," Kelly, a first-term Republican from Butler, told Tribune-Review editors and reporters.

Raising the debt ceiling doesn't authorize new government spending, as some have claimed. It allows the Treasury to borrow the money needed to pay for spending that Congress already approved.

Failing to increase the limit would mean the government would have to raise enough taxes or cut enough programs to cover about $738 billion in spending for the rest of this year, according to the Congressional Research Service. For perspective, the tax hikes and spending cuts would have to amount to $30 billion more than the country plans to spend this year on defense, including the wars in Afghanistan and Iraq.

Republicans should use the debt limit vote to wring concessions from Democrats on subsequent budget allocations, Kelly said



Read more: GOP lawmaker: U.S. must raise debt ceiling - Pittsburgh Tribune-Review http://www.pittsburghlive.com/x/leadertimes/news/s_737429.html#ixzz1MjBHrjvk

charlesoakwood

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Re: GOP lawmaker: U.S. must raise debt ceiling
« Reply #1 on: May 18, 2011, 01:00:16 PM »

Quote
Raising the debt ceiling doesn't authorize new government spending, as some have claimed. It allows the Treasury to borrow the money needed to pay for spending that Congress already approved.

NSS, that's why we don't want to raise it.  We want to cut spending, by doing that the ceiling will not need raising.

Quote
Republicans should use the debt limit vote to wring concessions from Democrats on subsequent budget allocations, Kelly said

Buy this man the other half of the clue.


Offline AmericanPatriot

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Re: GOP lawmaker: U.S. must raise debt ceiling
« Reply #2 on: May 18, 2011, 01:23:32 PM »
Quote
Republicans should use the debt limit vote to wring concessions from Democrats on subsequent budget allocations, Kelly said

That worked so well on the budget.

Hard fought $350 million.
The sacrifices

Offline Libertas

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Re: GOP lawmaker: U.S. must raise debt ceiling
« Reply #3 on: May 18, 2011, 01:25:01 PM »
What a dumbass!  But I suspect he isn't the only one who believes this BS!

If you don't extract ironclad spending cuts before raising the limit you will guarantee more unrestrained spending, period.  Given a crack addict another $20 what do you think he'll do with it Mikey?  Now, democrats are like crackheads, all they know is spend, spend, spend...wtf do you think they'll do when you raise the limit on their credit card?

And concessions on subsequent budget allocations?  Hello?!  Earth to moron, come in moron!  Are you seriously that fvcking stupid?!

 ::speechless::

 ::gaah::
Irrumabo!  GOP? - Nope. No more. They made their bed, now let them die in it.*
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t55

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Re: GOP lawmaker: U.S. must raise debt ceiling
« Reply #4 on: October 24, 2017, 05:17:41 AM »
Life may be all fun and games now in the USA, but as offshoring increases, illegal immigration rises, hard-working Americans die off or dropout due to higher taxes and more regulations, the national debt climbs, there is more terrorism as the result of illegal American wars, the police become more brutal enforcing draconian decrees, the US Ponzi economy and stock markets collapse, cash is banned, Americans are implanted with microchips, and real crises and false flags are used to force Americans to go to the gulags and finally to the gas chambers and ovens, will Americans wish that they had spoken out earlier against the dangers of wars, debt, and tyranny?