FedUpUSA

More Right-Side Lies On The Debt

 

This is getting rather tiring… (from Jim DeMint and Olympia Snowe)

….

There has to be another way, and there is. Republicans in the Senate are united in our concern about our nation’s fiscal future. Before we consider saddling our children with even more debt, we must enact significant spending cuts and enforceable caps on future spending. For the long term, to prevent both this Congress and its successors from hijacking the promise of American prosperity, we also need a balanced budget amendment to the Constitution, like the one we and all 47 Senate Republicans have introduced.

Nonsense.

The correct answer is to say no right now.

To not saddle anyone with one dollar of additional borrowing.

Doing so requires not one bit of legislation.  In fact, it simply requires that The House and/or Senate refuse to legislate.

Without an increased debt ceiling Treasury cannot spend more than it takes in.  Neither can Congress.  Neither can the Executive.  Nobody can.

It’s the simple solution, it’s the right solution, and it’s the necessary solution.

If Congress wishes to pass a balanced budget Constitutional Amendment, that’s fine.  Congress can consider same any time it would like, and then submit to the states for ratification.

But in the meantime, until that’s law, the simple solution is to SAY NO.

This fiscal conservative is tired of the excuses and lies of Washington DC and will accept nothing else.

The Market-Ticker

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