RON HART: GOP's feckless response to debt ceiling opportunity

Published: Sunday, January 27, 2013 at 16:30 PM.

Obama threatens that we could see our credit rating go from AA to C. This will not happen, but even if it did, it would not be too bad. Ask any waitresses in D.C. Their tips from politicians and lobbyists increased when they went from AA to C.

The reality is that not raising the debt ceiling does not “bankrupt” us. It just cuts off the bar tab of the drunks in Washington, D.C. They still have plenty of cash to pay the interest on the tab they ran up in the past; it just keeps them from ordering more rounds of drinks for themselves and their buddies.

We have about $2.7 trillion in taxes coming into the federal government now. Those “revenues” would easily cover Social Security, Medicare, Medicaid, interest payments on our massive debt, veterans' benefits and our oversized military spending. We then would have to justify and rationalize all the other things government does to us, which is a debate most Americans would be keen to have.

In a recent poll, 83 percent of us said that “government spending is out of control.”

You should have seen the face Nancy Pelosi tried to make when House Republicans called for spending cuts. After getting $650 billion in tax increases at year's end, now she wants another $1 trillion.

Instead of focusing on the budget and spending, Obama said in his inaugural address that he wants to spend money on climate control and to focus on gay marriage. So I guess now we will have "Obama’s Second Term: The Musical." Or maybe the GOP will compromise on spending and global warming and spend a trillion dollars installing a fan on our debt ceiling.

Our president does not want to address fiscal matters.  He arrogantly says he is "not going to have this debt ceiling debate again." To that, the GOP should respectfully reply, "Yes, you are."



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