EVERY Republican who voted for their budget in the House voted to increase borrowing.

[TheBigotBasher]

Each and every single Republican who voted for their budget voted for a plan that will run budget deficits for the next 30 years. That means they committed themselves to annual increases in the debt limit for the next 30 years.

All that debt they want the US Government to get into will be used to fund the lowest top rate tax of any major Industrial Nation (I would say any nation but their Ayn Rand dream of Somalia is out there).

So for Republicans to say they are against raising the debt limit are they really expecting people to be that stupid?

[FarLeftFist]

1. Yes, yes of course they are. n/t

[Jack Rabbit]

2. That's why banksters like Republicans

That's the epitome of crony capitalism.

[mike_c]

3. their masters won't get paid if the debt limit isn't raised....

Republicans are always predictable-- they voted for the Ryan budget to make sure the screwing fell firmly on the backs of the poor, elderly, and sick, and they voted to raise the debt ceiling to insure that their corporate masters continue to rake in record profits fueled by government debt service. To a republican legislator, there's no contradiction at all.

[TheBigotBasher]

6. They are out there saying they will not vote to increase the debt ceiling

and Fox wheeled out Plain from the broom cupboard they are storing it to come up with some word salad for Allen West et al to follow

Hells no, I would not vote to increase that debt ceiling. Otherwise it just shows the American people we’re not serious yet. We’re still going to incur more debt. No and we don’t have to increase the debt ceiling in the next few weeks. It turns my stomach to hear this assumption articulated that “well we have to” despite the fact we’re raking in, the federal government, six billion a day. Take that money and service our debt first and pay down some of that debt. Make sure that we’re showing the international financial markets and our lenders that we’re serious about getting our debt and our deficit problems under control.

I would say before you think about seriously voting to increase the debt limit and incur more unsustainable, immoral, unethical debt that is really going to ruin our country to continue down this path, prioritize. Service the debt first. Pay for the very essential services that are constitutionally mandated. Let the states take care of a whole lot of these services and projects and if a state wants to do something a little bit special like some extra roads, or extra museums and monuments and cowboy poetry, let that state figure out how they’re going to pay for it.

[rucky]

4. maybe they want to sink the bond market

but why? hedge funds, or do they want higher interest rates?

[patrice]

5. Dr. Ravi Batra explained how that works on Thom Hartmann's radio show this week.

It's something like: when there's such a huge gap between wages and productivity, you're guaranteeing government deficits.

[TheBigotBasher]

7. I love Thom

[patrice]

8. Me too! I love the way he doesn't just say things; he explains, or has someone else explain them,too

[MiniMe]

9. They need to vote to increase funding, because their budget is expensive