U.S. debt limit vote set for Wednesday; Obama likely to sign

As someone wrote that’s like saying we plan on keeping the speed limit at 65mph but until then you can keep doing 110 mph

Of course he will take an additional 4 months of unfettered spending. That’s 10% of his second term. What a nice inaugural gift the GOP is giving him. Now he has 4 months to figure out another trap to get the spending he wants for the next 44 months.

“the Obama administration believed the debt limit should be raised over the longer term instead of in incremental steps”

My children believe in Santa Clause but that does not mean he’s going to show up on our rooftop next Christmas.

The Republican members of Congress keep kicking the various budget, deficit, and debt “cans” down the road for 3 reasons:
1. About 150 House GOP don’t actually know what any specific “can” is and cannot possibly even guess what might be in one of the.
2. Not matter what the Obama administration wants, what common sense would indicate as a wise course of action, or what the House has done in the past, the TeaBaggers and Boehner will fabricate something different.
3. Because the rightwingnutjobz, who try to present themselves as some form of conservatives, are hopelessly stuck in a psycho-fiction past, they are not capable of thinking and projecting more than 90 days (120 days if Boehner pushes them) into the future.

Pres. Obama will hand them their pacifier and throw them a warm blanket for a few months while Boehner conjures up new ways to prove that his Republican conference is collectively stupid.

Of course he’d sign an extension, what he WON’T do is cut spending even though he believes that:

“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. Increasing America’s debt weakens us domestically and internationally. 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 problem and a failure of leadership. Americans deserve better. I therefore intend to oppose the effort to increase America’s debt limit.”

I am so sick of the righties/Obama haters that keep saying that Obama does not want to cut spending. Obama has presided over the largest spending cuts in American history and has proposed many deficit/debt reduction packages that are on the order of 4:1 spending:revenue, yet according to these nut jobs he still wont cut spending. This is why the right is becoming increasingly marginalized, people are realizing that what they say simply is not true.

We do not need to raised the debt ceiling; in fact we need to lower it.
Make the Federal Government deal a budget like every taxpaying American has to

USAP – You and your silly facts. You’re pissing into the wind here on these boards.

jaham – From the few times we’ve gone head to head I can see you’re a bright guy who can hold his own in a debate. I don’t understand why you still feel the need to resort to lying.

I do find all this ranting about how much Pres. Obama is spending to fly in the face of other facts.
Fact #1. It is always argued that there has been no budget for several years. That may be true, but that means that Obama’s policies aren’t driving the spending.
But more importantly is Fact #2. US Constitution, Art. I, Sec. 9: “No Money shall be drawn from the Treasury, but in Consequence of Appropriations made by Law.” In English, the President does not have power to spend money unless Congress has appropriated it.
If we are running a trillion dollar budget deficit, look to the Congress, not the Presidency.

“Obama has presided over the largest spending cuts in American history”

And General Custer didn’t take any prisoners!