GOP’s Ryan Budget Would Add Up to $6 Trillion to Debt – And Yet GOP Won’t Raise Debt Limit?
In what Democrats called a political stunt, House Republicans voted in lockstep to oppose raising the U.S. debt ceiling last night.
– What Pres. Obama should suggest to the GOP, according Matt Miller
Republican have done a masterful spin job on the debt-ceiling issue. Polls show that a majority of Americans say they oppose raising it, but it appears they have reached this conclusion based on misperception of the facts.
For one thing, raising the debt limit has nothing to do with future spending. It covers the indebtedness incurred in the current budget, the same budget that Congress — including the Republicans in the House — voted for.
That’s right. Republicans voted to raise the national debt a few months ago, now these same Republicans are demanding that the U.S. Treasury welch on the debt they charged to the national credit card.
Worse, not only have Republicans snookered the public into believe that raising the debt ceiling is tied to future spending, the GOP’s own budget for future spending — the budget bill that includes the the Ryan “Kill Medicare” proposal, the budget that Republicans in the House and Senate vote for — would raise the national debt by as much as $6 trillion.










