Speaker Boehner tells President Obama to get stuffed.
The sad truth is that the president wanted a blank check six months ago, and he wants a blank check today. That is just not going to happen.
You see, there is no stalemate in Congress. The House has passed a bill to raise the debt limit with bipartisan support. And this week, while the Senate is struggling to pass a bill filled with phony accounting and Washington gimmicks, we will pass another bill - one that was developed with the support of the bipartisan leadership of the U.S. Senate.
Obviously, I expect that bill can and will pass the Senate, and be sent to the President for his signature. If the President signs it, the 'crisis' atmosphere he has created will simply disappear. The debt limit will be raised. Spending will be cut by more than one trillion dollars, and a serious, bipartisan committee of the Congress will begin the hard but necessary work of dealing with the tough challenges our nation faces.
The problem is not on the revenue side. It is on the spending side.
Raising taxes only robs the productive of the means and the reason to produce.
Raising spending only feeds the addiction of the looter's to other people's money.
Raising the Debt Limit only increases the already unmanageable levels of debt that are being passed on to future generations.
We might be better off to just shut it all down.
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