By John W. Lillpop
The Republican Party is the last and only real hope that America has to reign in suicidal spending and insane debt accumulation by reckless liberals.
Raising the debt ceiling is an issue that provides the GOP with vital leverage in forcing Democrats to see sense.
However, GOP resolve on this issue appears to have developed somewhat of a crack as indicated at the story from the reference which states in part:
“WASHINGTON- Congress and the White House could raise the debt limit for a few months while they seek a comprehensive, long-term budget deal, Senate Republican leader Mitch McConnell said on Sunday.Listen up, GOP! You have the leverage now—backing away (even slightly) will only embolden those who created the mess in the first place.
The Obama administration has warned it will run out of money to pay the nation's bills if Congress does not raise the $14.3 trillion debt limit by August 2 -- a prospect that could push the country back into recession and upend global financial markets.
"The president and the vice president, everybody knows you have to tackle entitlement reform," McConnell said on CBS's "Face the Nation."
"If we can't do that, then we'll probably end up with a very short-term proposal over, you know, a few months. And we'll be back having the same discussion again in the fall," McConnell said.”
With all due respect to Senator McConnell, given the history of this president and the Democrats, what in the world would cause anyone to believe that Democrats will any more open to reason a few months hence?
By agreeing to a “short-term” fix, Republicans will kick the can down the road, only to be bitten in the tush when autumn leaves start to fall and liberals remain blinded to truth.
Bottom line: Deal with the debt ceiling now by demanding a dollar-for-dollar tradeoff with spending cuts.
Remember, your probation period expires in November 2012, which is only 17 months away.
Beware!
http://ca.news.yahoo.com/short-debt-limit-hike-possible-mcconnell-195539802.html
