Paul Ryan on debt ceiling increase: "A proud moment" for Speaker Pelosi?

The Speaker of the House came and just said something to the effect that this was a proud moment a happy occasion a bill shes really excited about. The bill were about to vote on, Madame Speaker, raises the national debt ceiling by $1.9 trillion. Even if I were a supporter of this bill, I wouldnt be proud of it.

Ive taken a look at the Presidents budget. On page 172, table S-9, the Presidents PAY-GO proposal says at the end of the budget window we can spend another $473 billion. So, were saying, all the debt thats going up, the tripling of the national debt, that were giving to our kids and grandkids, not only does that comply with pay-go, we can go ahead and spend another $473 billion on top of it. This, Madame Speaker, is a fiscal charade.

Real people, from both parties, need to step up and solve this problem. Ive thrown out a few ideas of my own. I hope other Republicans and Democrats do the same. Because Madame Speaker, if we dont tackle this problem, its going to tackle us.

Our constituents sent us here to be a part of the solution, and not a part of the problem. We know irrefutably were going to bequeath this mountain of deficit and debt onto the next generation. Both of our parties share in the blame. No one party corners a virtue on fiscal responsibility. But were going to together have to come down here and fix this problem once and for all, and doing this doesnt do it. Doing this is a cop-out. Doing this raises the debt limit $1.9 trillion, and gives us a fiscal cop-out so that we can go talk tough in the election about how we did this and that, while we bequeathed the next generation an inferior standard of living.

I didnt come here to make sure that my three kids are going to have a life thats worse off than ours. Nobody here wants that, so lets get this fixed, defeat this bill, come together, and get serious about real fiscal discipline. The American people are not under-taxed we overspend.

Category:

News & Politics

Tags:

• paul-ryan
• debt
• budget
• pay-go
• pelosi
• congress
• wisconsin

[msm318]

This guy SMOKES the dems everyday! Pence/Ryan 2012

[MrWorkingguy]

Unclelight showing his IQ again. Please explain what intelligent position you are taking. Did you make it past 2nd grade math?

[kevbew63]

It's too bad he's not running. He would have added a lot.

[Mephazel]

@ttube438 Definition of Freedom = the absence of necessity, coercion, or constraint in choice or action. Without Govt. you still are not free. You will just be bound to a different master. Do you work for the Govt? Who decides what time you wake every morning? Who taught you to speak? Even the most wealthy man is not free. We are all dependent upon each other at points during a lifetime. To deny that truth is prove your own ignorance.

[ttube438]

@Mephazel Tax cuts and limited government is Freedom. High taxes and over burdensome govt. is tyranny.

[ttube438]

@cryolophosaur The ceiling rose and the economy is still crumbling. Maybe we should try to balance our budget.

[ttube438]

@MsZeitgeist85 I guess it's a matter of degrees. Bush worst deficit spending was about $450 Billion. obamas budget deficits are $1.5 Trillion for 10 years. obamas budget plans to double the national debt in 10 years. We need a balanced budget amendment so that the thieves in Washington - dems and GOP stop spending us into ruin.

[fusufusu]

@msm318 He is smoking something.. but it sure isn't the dems

[msm318]

@cryolophosaur "their" way. And so would I, Cryo.

[cryolophosaur]

@msm318

I would LOVE for the republicans to get there way and not raise the debt ceiling and sit back and watch the US economy crumble