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Compromising with Dems on debt ceiling.

So Obama, Democrats and the media want Republicans to compromise and raise the ceiling on our national debt while screaming the newly minted Congress is no more fiscally conservative than the last session, eh?

I say give them what they want. Sorta.

In leu of any agreement to make outright budget cuts, a balanced budget amendment must be the center piece to any piece of legislation which increases the ceiling to our national debt.

Earlier I wrote that the budget is a core, if not the absolute issue which we should go to the matress on during this session of Congress. I meant it.

Some claim that not increasing the debt ceiling would cause us to default on our debt ala Greece, this is a real possibility and should be considered when debating such matters. However, to simply authorize an increase the ceiling on its own glosses over the core problem of rampant government over spending.

Attaching a balanced budget amendment to any such provision to increase the ceiling on our debt would tackle that issue head on and do something which most Americans demand. It would be a huge step in the right direction which our nation desperately needs.

To not do so would be aken to sitting on our hands while the financial fabric of our nation is torn to shred in a near perfect execution of the Cloward-Piven strategy.

Compromise isnt a bad thing if done right. If Congress is to increase how much this country can owe, then lets put that monster in chains so that it may never see light of day again.

Rush said a while ago that the pressure should be on Democrats to prove that the extra spending is needed, not on Republicans and conservatives to explain why they are cutting programs. I believe that with all my heart.

COMMENTS

  • izoneguy

    Sure – you want to raise the debt ceiling?

    Repeal ObamaCare

    Make the current tax rates permanent

    Open oil drilling in ANWAR

    All Federal dept budgets slashed 20%

    Disband the EPA and the Depts of Energy & Education

    Otherwise – suck on it

    • Paul Seale

      :)

      • hoosierteacher

        The debt ceiling has to be raised, or we end up defaulting on our debt. However, as you point out, we can get major concessions (such as a permament tax cut, major spending cuts, etc).

        The scary part comes when Obama and the congress play chicken. If Obama says, “Ok, go ahead. Just try to keep the ceiling in place” there is really no (honest) republican that can carry out the threat. We’d be Greece or Ireland in a matter of days. On the other hand, Obama has to be worried that the GOP could place the blame on him if it were to go down that way.

        I’m hearing that the concession the GOP is looking for might have to do with dropping spending levels to 2008. I’d like to see that, but I’d like a little more too. I don’t think there’s any way the dems go for Izone’s ideas above (and like I said, we can’t really carry out the bluff of not raising the ceiling).

        What things do you think we could get Paul?

        • http://www.flaliberty.org scorpio0679

          What izone says above, as you say, is not going to pass the test of public opinion. However, who can argue against a balanced budget amendment? Heck, even liberals want one. They just want to raise taxes to do it.

          Enacting a balanced budget amendment in exchange for a $2T extension of the debt ceiling (need to push the debate to 2013 where a GOP victory in 2012 will give us the upper hand in setting policy) would be an amazing policy victory for the GOP and for conservatives.

    • The_Gadfly

      http://www.redstate.com/jeff_emanuel/2011/01/04/rep-eric-cantor-submits-a-health-care-bill-every-member-of-congress-will-be-able-to-read/#comment-7279

      Although looking at your list I think I’d add some incentive for them: For each one you agree to we will raise the debt ceiling by $100 billion. And I add repealing the Financial Reform monstrosity to the list of crap to be repealed.

      • izoneguy

        Jim DeMint needs to show this video in the Senate….

        and say “Harry – you are right!!!”

  • http://www.flaliberty.org scorpio0679

    Paul,

    I found this post after I posted my own analysis (coming to the same conclusion) about the need to link the debt ceiling to a balanced budget amendment. Right now, this is a minority position that needs to gain traction, as I think it is absolutely a win-win situation.

    Honestly, think about it: if the dems oppose a balanced budget amendment (which has broad public support) they will be seen as complete hypocrites as well as being responsible for whatever happens when the debt ceiling is not raised.

    Taking this approach would absolutely result in a huge victory for conservatives. Either you get a balanced budget amendment, or responsibility is shifted to the dems. Win or win.

    • satchman3

      I’m convinced that some sort of balanced budget amendment is the key to doing the unpopular (entitlement) cuts that are needed.

      If we could at least make some linkage between the taxes that individuals and companies pay and the outlays our federal government makes then a legislator could argue that in reducing entitlements, he is also reducing taxes. Conversely, a legislator enacting a spending program would be responsible for tax increases.