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The default is on Obama as he won't accept the fact the house will fund the government but not ACA. They don't have to, constitutionally. That is law and a fact of life.
Libs need to learn how government works and realize this is all due process.
I think you have trouble understanding the Constitution.
The House is where funding bills originate. That gives them a great deal of power. But that doesn't give them all the power. A bill is just a proposal. Funding bills have to be passed by the Senate and signed into law by the President. So Constitutionally speaking, the House does not have absolute power over the budget. That is the law and a fact of life. Maybe YOU need to learn how the government works.
And as for the House, the Tea Party conservatives aren't the only members. Boehner may think he has to cater to them in order to keep his position, and maybe that's true. But moderate Republicans aren't obligated to go along with the Tea Party conservatives. And Boehner KNOWS that's true. Which is why he hasn't let a clean CR get to the floor. Boehner controls what gets to the floor. As long as he's Speaker of the House. But moderate Republicans could demand his resignation. That could happen.
Defaulting will not cause this <bold> by itself. I do believe it's actually in our best interests to default. It's time to reconfigure who/what/when/where our money's being spent/wasted and since nobody in office has the 'nads to actually stop their pork spending defaulting, then stopping a good portion of wasteful spending can be done and blamed on the default instead of any one person.
We NEED to seriously look at austerity and this is one way to get it.
Since you folks are hell bent on squeezing the "Nads" of the government's financial security, why don't you do it when one of your guys gets elected instead of demanding fiscal pain just when were coming out of a deep recession not seen since the great depression. If you guy's had turned into Scrooge McDuck and fiscal saints during the Bush years when all the un financed experiments Bush was conducting, we'd never have been in this situation in the first place.
The thread title is not complete. It is a partial government shutdown. The partial shutdown is solely a political move by King Obama and the Democrats, who are desperate to find an issue to run on during the 2014 midterm elections.
The GOP passed numerous resolutions fully funding the government, including the Affordable Care Act. The Democrats decided to shut down the government because they refused to even agree that Congress shouldn't get special subsidies to pay for the ACA.
The Democrats and Obama are counting on their pawns in the media to bail them out and run interference as usual. No doubt the media will play along dutifully. Nonetheless, the GOP has done absolutely nothing wrong here and I'm very proud of them for sticking to their guns. Already donated for the first time in many years this morning.
Exactly. Simply saying the word "Republican" 84 times during his latest "press conference" (in which he took questions only from friendly journalists whose names were on his little piece of paper) didn't sway everyone. And trying to blame Republicans for the lack of U.S. credibility around the world was laughable--he's been doing a great job with that on his own.
Since you folks are hell bent on squeezing the "Nads" of the government's financial security, why don't you do it when one of your guys gets elected instead of demanding fiscal pain just when were coming out of a deep recession not seen since the great depression. If you guy's had turned into Scrooge McDuck and fiscal saints during the Bush years when all the un financed experiments Bush was conducting, we'd never have been in this situation in the first place.
In all fairness, there were many fiscal conservatives during the Bush years that were vocal about Bush's overspending. The President is the nominal head of his party, though, and that affects the dynamic of disagreement. There are many liberals today who don't agree with all of Obama's policies, but by the same token President Obama is the nominal head of his party, and that affects the dynamic of how liberals express their disagreement.
I think the Tea Party conservatives are being reckless and irresponsible at this point, because they are desperate. I also think that many are sincere and do believe that they are acting in the best interests of the country. There just has to be a point when they recognize that they could be wrong, and that good-faith negotiation requires that they be willing to yield on some points. Fund the government first, though.
It's been repeatedly explained that there won't be a default. The U.S. collects plenty of tax revenue to service the national debt.
No, the assertion has been continually repeated. That doesn't make it true. While there might be enough money to pay creditors, that's just part of what the federal government spends money on.
The fact is that money to buy things isn't going to appear if the Treasury cannot borrow more.
In all fairness, there were many fiscal conservatives during the Bush years that were vocal about Bush's overspending. The President is the nominal head of his party, though, and that affects the dynamic of disagreement. There are many liberals today who don't agree with all of Obama's policies, but by the same token President Obama is the nominal head of his party, and that affects the dynamic of how liberals express their disagreement.
I think the Tea Party conservatives are being reckless and irresponsible at this point, because they are desperate. I also think that many are sincere and do believe that they are acting in the best interests of the country. There just has to be a point when they recognize that they could be wrong, and that good-faith negotiation requires that they be willing to yield on some points. Fund the government first, though.
There is nothing so dangerous than a person or group who act out of desperation.
Since you folks are hell bent on squeezing the "Nads" of the government's financial security, why don't you do it when one of your guys gets elected instead of demanding fiscal pain just when were coming out of a deep recession not seen since the great depression. If you guy's had turned into Scrooge McDuck and fiscal saints during the Bush years when all the un financed experiments Bush was conducting, we'd never have been in this situation in the first place.
We are in this situation because the Democrats controlled Congress while Bush was President from 2007 through 2009, and they were spending irrationally, running more than a trillion dollar deficit in just one year.
No, the assertion has been continually repeated. That doesn't make it true. While there might be enough money to pay creditors, that's just part of what the federal government spends money on.
You're in over your head.
Even the Washington Post (normally an Obama cheerleader) has called Obama's and the Dems' bluff.
Quote:
The memo offers a starkly different view of the consequences of congressional inaction on the debt limit than is held by the White House, many policymakers and other financial analysts. During a press conference at the White House Tuesday, Obama said missing the Oct. 17 deadline would invite “economic chaos.”
The Moody’s memo goes on to argue that the situation is actually much less serious than in 2011, when the nation last faced a pitched battle over the debt limit.
“The budget deficit was considerably larger in 2011 than it is currently, so the magnitude of the necessary spending cuts needed after 17 October is lower now than it was then,” the memo says.
Treasury Department officials did not immediately respond to requests for comment.
Treasury officials know Moody's is correct so they declined to comment. Interesting, that.
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The President lied in his speeches the last 3 days?
