Wednesday, July 13, 2011

Time For Republicans To Act On The National Debt Ceiling

Socialist President Obama stormed out of a negotiation session with leaders in Congress concerning the National Debt Ceiling like a spoiled little boy who is not getting his way.   To hell with him.  It is time for the Republican Majority in the House of Representatives to enact Cut, Cap and a Balanced Budget Constitutional Amendment and send it to Socialist Senate Majority Leader Dirty Harry Reid to take up the vote in the Senate, or reject it.   Republicans control the House of Representatives and therefore they have the votes to raise the National Debt Ceiling by $2 Trillion to satisfy the markets at the same time that they cut $4 trillion in spending.  So the grand bargain to get $2 trillion added to the National Debt should be $4 trillion dollars in cuts over ten years.   This is a perfectly reasonable solution. 

Republicans absolutely should reject any job killer tax increases demanded by Obama.  Forget about Republican Senator Mitch McConnell's crazy scheme to allow President Obama to raise the National Debt Ceiling to unlimited amounts, provided it is approved by two thirds of the Congress.  The plan suggested by this Blogger will get us through to the next election in 2012 and then the voters can decide if they want to allow Obama and the Socialists in Congress to continue bankrupting our country. 

At the same time, the Republicans in the House of Representatives should enact a Balanced Budget Constitutional Amendment and pass it on to the Senate for an up or down vote to get that process started to achieve state ratification.   In addition, the Republicans in the House should enact a law that requires federal government spending to be no more than 17% of GDP within five years.   Send all of this to the Senate for a vote and then presumably if enacted by the Senate on to the President for signature or a Veto.   At that point, if the President and or the Socialists in Congress refuse to enact this reasonable, common sense package and the United States defaults on our National Debt, it will be the responsibility of the Socialists in Congress and the President.   It is what it is. 

It is time to stop all the games and draw this line in the sand.   The time for more negotiations is over.  Obama is the most irresponsible President in the history of the United States.  Obama has added $5 trillion to the National Debt in less than three years in office.   This just can't continue, which is the reason we must make Obama a one term President in 2012 and also sweep his Socialist pals out of office in 2012 and 2014.   These characters are both bankrupting and destroying our country.  If this is not all stopped we will end up with riots in our streets as is happening in Europe.    It is time for the Republicans in Congress to enact a reasonable plan related to the the National Debt Ceiling and let the chips fall where they may. 

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