Recently the news stories covering the debt ceiling situation in Washington have zeroed in on Republican freshmen in the House of Representatives. Many of them were elected with Tea Party support, with a mandate to reduce the size of government and its role in our lives. Taxation being a major part of that philosophy, the Tea Party has influenced negotiations. To wit – no new taxes.
This “ideological rigidity” (as Obama characterized it) has been accused of being the major reason no deal can be reached. Words such as compromise, bipartisanship, and a “balanced approach” (definition: more taxes) are seen as necessary so that the U.S. government, its reputation, and the world economy don’t come crashing down. Republicans must agree to increased revenue (definition: more taxes.)
The current debt is (supposedly) capped at $14.2 trillion.
In January of 2009, two days after Obama had been sworn into office, in response to a Republican Senator’s objection to increased taxes in the upcoming stimulus plan, Obama killed all dissenting voices by responding, “I won.”
In February of 2009, Obama signed the Democrat stimulus bill into law. The bill was written by Democrat leaders and their staffs, behind closed doors, with no Republican input at all. The actual legislation was posted on the Congressional website late the night before the vote was scheduled. The vote was taken before the wording was finalized – additional points were handwritten on the pages – meaning that no one knew what was actually in the legislation when they voted on it, because no one could have read it. Contribution of the Democrat stimulus bill to the federal debt: $1.2 trillion.
In December of 2009, the Democrat Congress passed Obamacare, again without any Republican input. Again, the legislation was crafted by Democrat leaders behind closed doors. Contribution of Obamacare to the federal debt: Over $2 trillion.
Transition to today. Everyone is up in arms because America’s credit rating is about to be downgraded, Social Security checks are threatened, and the nation’s financial status is about to be destroyed – all because (if you read the papers) Tea Party-influenced Republicans refuse to be “fiscally responsible” and compromise on a bipartisan balanced approach.