In a recent interview with Charles Krauthammer, Sean Hannitty suggested that republicans need to hold out on raising the debt ceiling in order to get significant spending cuts. Charles response was we “have to raise the debt ceiling” or we risk a financial meltdown. Here’s the real story. Charles went on to say that we could put it off for awhile by shifting other budget items around and pay the debt instead of those programs; BINGO!!
That is the real issue. We can pay our debt obligations without a debt ceiling increase by managing the other parts of the budget. Congress needs to have the political will to start prioritizing and slashing the recent trillion dollar spending increases of Obama, and reduce the spending across the board.
There is no better time to get real spending cuts than now. If we don’t raise the ceiling and we don’t have enough to pay all of the promised spending my understanding is the Executive branch is in charge of determining what bills get paid. That would be temporary until congress acted to cut spending but that means the Obama administration would be responsible for default if they chose not to pay the debt. Would they do that? I don’t think so.
This is an opportunity to reverse the insane spending policies of the past congress and get us on solid ground for the 2012 budget discussions. If the republicans fail here the Tea Party must punish them at the ballot box.
On a quick side note. Republicans that are running from the birth certificate issue are cowards. I am not a “birther”, I am an American that loves and believes in the constitution and I want my president to be a citizen. Just show the certificate. That’s all every good American wants. It should be simple. We have to ask the question if this was any other president and especially a republican, would it be treated this way by the media?