Really, GOP? Just… Really?
And so it came to pass that after a lot of bluster, the Republican leadership in Congress caved yet again to Obama on the debt ceiling and gave Obama want he demanded- a clean bill. After months of promising to gain some concessions from Obama on issues ranging from the Keystone pipeline to Obamacare, the GOP walks away with nothing again. To make matters worse, | Read More »
The House and Senate Republicans have handed Barack Obama a blank check to raise the national debt as much as he wants. Throughout last year, Republicans said conservatives should fight on the debt ceiling, not the continuing resolution. They said they should filibuster the debt ceiling, not the continuing resolution. They said they should shut down the government over the debt ceiling, not the continuing | Read More »
The GOP establishment just doesn’t care anymore
Several key moves by the “leadership” of the Republican Party over the past few weeks have made one thing abundantly clear; even to the casual observer, they just don’t care anymore about the issues important to the Conservative base of the party. They are just going to bide their time, raise their money, and try to buy their re-elections in November. It began with the | Read More »
The Finger Lickin’ Fraud Gets Caught in his Game
Ever since Senator Mitch McConnell sensed some vulnerability from his Republican base in Kentucky, he has cunningly voted the right way on most major issues, but of course waiting until the outcome was no longer in doubt. McConnell’s painstaking management of his voting record began in two tranches – a mild drift to the right once Trey Grayson was defeated by Rand Paul in 2010 | Read More »
The Strategy of Surrender, for Now
For some inexplicable reason, Republicans cannot make an effective argument for doing what is right. Clearly, it is not right to continue increasing our unsustainable debt. Yet today Congress did just that. Boehner and McConnell have given Obama a “clean” debt ceiling increase without even attempting to negotiate a compromise. Here are the numbers: As of February 11, 2014 Debt Balance: -$17,324,456,917,866 and counting Bill | Read More »
Mitch McConnell Provides Key Vote to Give Obama a Blank Check
Mitch McConnell became the key vote today to give Barack Obama blank check to increase the national debt. This debt ceiling increase is not tied to a month, but rather a time period. Consequently, the President can grow the national debt as much as he wants during that time.Sen. Ted Cruz refused to let the Senate give the President a blank check with a simple | Read More »
We’re Being Played Like Fools
If there is any agreement on fiscal issues in Washington it is that we must do something about the growing debt and long-term unfunded liabilities. With the debt exploding by over $6.6 trillion under Obama’s watch, the only leverage conservatives had to force a path to balance the budget was the debt ceiling – a built-in check on runaway spending. Yet, ever since they took | Read More »
Who will save us from debt lock?
Today’s word of Republican capitulation on the “clean” debt increase might be defensible as don’t-rock-the-boat political strategy for 2014, but it’s pretty sad from a philosophical standpoint. All the Beltway solons agree that compelling even the tiniest bit of spending restraint in exchange for another debt hike is impossible. It would be a costly political conflict leading to shutdown brinksmanship, said to be a sure | Read More »
Keeping Track of the Rule
House Republicans will vote to cleanly raise the debt ceiling today. They will do so relying on Democrat votes to make it happen.Many House Republicans will vote against raising the debt ceiling.But before they do that, they will vote for the rule related to the legislation. Each major piece of legislation has a rule that gets voted on setting out the parameters of debate, etc. | Read More »
Conservative Debt Ceiling Plan? #FireBoehner
After offering their disgraceful plan to raise the debt ceiling for a full year at the GOP conference meeting, House leaders challenged conservatives to come up with their own plan. It’s like a group of capricious leaders in a beleaguered village who break all of their weapons and urge the residents to surrender because there is no alternative. Indeed, there is no alternative. Over the | Read More »
Veterans Used as Pawns in Effort to Grow Government
Last December, Congress passed the ridiculous Ryan-Murray budget deal designed to grow government and set a permanent precedent to do away with the sequester. The only real spending offsets in the entire bill were cuts to military pensions of those already in the service. This was not some unforeseen consequence of the bill. It was written in plain language. We were one of the first | Read More »
Obama & Congress Your Bags are Packed
It’s time to write a letter to “Congress” and discuss their reckless spending and their reluctance to be good stewards of our money. Obama and Congress have lost our trust – we actually are beginning to realize that they in fact are our enemy. OBAMA & CONGRESS YOUR BAGS ARE PACKED! “We need to relay the message in plain English don’t spend more than you | Read More »
GOP Debt Ceiling Strategy
In a sane world, President Obama and the Democrats would be on the hook for requesting yet another debt ceiling increase after already racking up record high amounts of debt. Obama is extremely unpopular, saddled with the failures of Obamacare, and accruing more debt than every other president combined. Yet, thanks to self-immolation on the part of the stupid party, it is Republicans who find | Read More »
Does Cutting Unemployment Benefits Help or Hurt the Job Market?
On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the coming debt ceiling battle, if the routine nature of these raises will continue and how changing unemployment benefits in North Carolina impacted their unemployment rate.
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Obama refusal to negotiate ‘accrued bills’ makes all spending permanent
When President George W. Bush began his second term with a proposal to reform Social Security by creating the first real “lock box” that would allow taxpayers to bequeath any accumulated contributions remaining in their FICA accounts at their death, to their heirs, even his own Republican Party allies in Congress refused to negotiate. But at his recent news conference, President Barack Obama seemed to | Read More »