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Old 10-06-2013, 10:32 PM
 
Location: Stasis
15,823 posts, read 12,493,748 times
Reputation: 8599

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Multi-Industry Coalition Letter Regarding the Continuing Resolution and Debt Limit | U.S. Chamber of Commerce

TO THE MEMBERS OF THE U.S. CONGRESS:

The undersigned 251 organizations urge the House of Representatives and the United States Senate to pass a Continuing Resolution to ensure the uninterrupted funding of the federal government into the next fiscal year and to act expeditiously to raise the nation’s debt limit.

We appreciate fully the importance of restraining federal spending, both discretionary spending and mandatory spending, to reduce federal budget deficits, contain the growth of federal debt, and thereby re-establish fiscal discipline in the near-term and for the long haul. However, with the U.S. economy continuing to underperform, the federal government needs to maintain its normal operations pending a successful outcome of broader budgetary reforms. It is not in the best interest of the employers, employees or the American people to risk a government shutdown that will be economically disruptive and create even more uncertainties for the U.S. economy.

Likewise, we respectfully urge the Congress to raise the debt ceiling in a timely manner and remove any threat to the full faith and credit of the United States government.
<snip>
Congress cannot continue “kicking the can down the road;” it’s time to take corrective action to address the unaffordable path of entitlement spending, to stabilize federal finances and to undertake fundamental tax reform to strengthen the American economy.

We urge the Congress to act promptly to pass a Continuing Resolution to fund the government and to raise the debt ceiling, and then to return to work on these other vital issues.
<snip>
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Old 10-06-2013, 10:35 PM
 
Location: The Woodlands, TX
1,718 posts, read 1,058,939 times
Reputation: 1147
“The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t
pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies. … Leadership means that ‘the buck stops here.’ Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt and a failure of leadership. Americans deserve better. I therefore intend to oppose the effort to increase America’s debt limit.”

Barack Obama
March 2006
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Old 10-06-2013, 11:09 PM
 
33,387 posts, read 34,916,312 times
Reputation: 20030
Quote:
Originally Posted by katzpaw View Post
Multi-Industry Coalition Letter Regarding the Continuing Resolution and Debt Limit | U.S. Chamber of Commerce

TO THE MEMBERS OF THE U.S. CONGRESS:

The undersigned 251 organizations urge the House of Representatives and the United States Senate to pass a Continuing Resolution to ensure the uninterrupted funding of the federal government into the next fiscal year and to act expeditiously to raise the nation’s debt limit.

We appreciate fully the importance of restraining federal spending, both discretionary spending and mandatory spending, to reduce federal budget deficits, contain the growth of federal debt, and thereby re-establish fiscal discipline in the near-term and for the long haul. However, with the U.S. economy continuing to underperform, the federal government needs to maintain its normal operations pending a successful outcome of broader budgetary reforms. It is not in the best interest of the employers, employees or the American people to risk a government shutdown that will be economically disruptive and create even more uncertainties for the U.S. economy.

Likewise, we respectfully urge the Congress to raise the debt ceiling in a timely manner and remove any threat to the full faith and credit of the United States government.
<snip>
Congress cannot continue “kicking the can down the road;” it’s time to take corrective action to address the unaffordable path of entitlement spending, to stabilize federal finances and to undertake fundamental tax reform to strengthen the American economy.

We urge the Congress to act promptly to pass a Continuing Resolution to fund the government and to raise the debt ceiling, and then to return to work on these other vital issues.
<snip>
again, it is harry reid that is screwing things up, the house sent the senate a bill that funded obamacare if the individual mandate was pushed off one year just like obama pushed the business mandate off. reid refuses to consider the bill in it entirety, and refuses to allow it to come up for a vote.

second the letter was addressed to ALL of congress, not just the republicans.
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Old 10-07-2013, 03:13 AM
 
Location: Fredericktown,Ohio
7,168 posts, read 5,376,598 times
Reputation: 2922
Quote:
Originally Posted by rbohm View Post
again, it is harry reid that is screwing things up, the house sent the senate a bill that funded obamacare if the individual mandate was pushed off one year just like obama pushed the business mandate off. reid refuses to consider the bill in it entirety, and refuses to allow it to come up for a vote.

second the letter was addressed to ALL of congress, not just the republicans.
I do not know why the {D}s are not calling their reps too support the bill. They are supposedly the party of the people and the {R}s are supposedly the party of the corporations. Since the corporations and everyones brother was gave a waiver why not one for the people? Are the {D}s telling us it is fair for corporations to get a pass but not the people?
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Old 10-07-2013, 04:01 AM
 
13,900 posts, read 9,792,332 times
Reputation: 6856
Quote:
Originally Posted by Texas Minded View Post
“The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t
pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies. … Leadership means that ‘the buck stops here.’ Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt and a failure of leadership. Americans deserve better. I therefore intend to oppose the effort to increase America’s debt limit.”

Barack Obama
March 2006
... And then the debt limit was raised.
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Old 10-07-2013, 04:14 AM
 
Location: Pine Grove,AL
29,628 posts, read 16,614,159 times
Reputation: 6066
Quote:
Originally Posted by Texas Minded View Post
“The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t
pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies. … Leadership means that ‘the buck stops here.’ Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt and a failure of leadership. Americans deserve better. I therefore intend to oppose the effort to increase America’s debt limit.”

Barack Obama
March 2006
President Bush was projected to have surpluses his entire Presidency and instead he had deficits his entire presidency.

You are making an argument based on a statement that you did not fully understand.
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Old 10-07-2013, 04:31 AM
bUU
 
Location: Florida
12,074 posts, read 10,727,988 times
Reputation: 8798
This statement makes clear that the Republicans aren't supportive of capitalism or of business in general, but really only care about power and fostering the interests of the very rich.
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Old 10-07-2013, 05:35 AM
 
69,368 posts, read 64,221,636 times
Reputation: 9383
Quote:
Originally Posted by Winter_Sucks View Post
... And then the debt limit was raised.
So whats the problem? Ooh thats right.. Obama's spent it all... AGAIN..
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Old 10-07-2013, 05:36 AM
 
69,368 posts, read 64,221,636 times
Reputation: 9383
Quote:
Originally Posted by dsjj251 View Post
President Bush was projected to have surpluses his entire Presidency and instead he had deficits his entire presidency.

You are making an argument based on a statement that you did not fully understand.
no he wasnt.. Clinton didnt even have surpluses..
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Old 10-07-2013, 05:39 AM
 
69,368 posts, read 64,221,636 times
Reputation: 9383
Quote:
Originally Posted by katzpaw View Post
Likewise, we respectfully urge the Congress to raise the debt ceiling in a timely manner and remove any threat to the full faith and credit of the United States government.

Congress cannot continue “kicking the can down the road;” it’s time to take corrective action to address the unaffordable path of entitlement spending, to stabilize federal finances and to undertake fundamental tax reform to strengthen the American economy.
Wouldnt these two statements conflict with one another?
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