Skip to: Content
Skip to: Site Navigation
Skip to: Search

 
Politics, unlocked and explained
 
 
Advertisements
 

Decoder Wire

Democrats return fire after John Boehner's opening debt-ceiling salvo (+video)

Democrats charge that John Boehner's renewed call for spending cuts as a condition to raise the debt ceiling is 'dangerous,' recalling the standoff last summer that drove consumer confidence – and Congress's approval rating – sharply down.

(Page 2 of 2)



But Rep. Chris Van Hollen (D) of Maryland, the leading Democrat on the House Budget Committee, pointed out that the House's own Republican budget would violate Boehner's principle, as it requires $5.2 trillion in additional deficit spending. "This isn't just hypocritical," Mr. Van Hollen said in a statement, "it's dangerous."

Skip to next paragraph

Recent posts

"The GOP’s refusal to consider both spending and revenues – despite the recommendation of every bipartisan group that has looked at this issue – does nothing to bring us any closer to getting our fiscal house in order," he added.

Boehner's stance – the same one that eventual won Republicans a hard-fought deal with President Obama to raise the debt limit last summer – conjures a time when Republican demands on the debt ceiling sent Congress's approval rating plummeting into the single digits, crushed consumer economic confidence, and helped spur an unprecedented downgrade in America's credit rating.

In the speaker's mind, however, setting conditions to increase the debt limit forces a lethargic Congress to make tough choices.

"We shouldn’t dread the debt limit. We should welcome it. It’s an action-forcing event in a town that has become infamous for inaction," he said. 

Speaking at the same event, however, Treasury Secretary Tim Geithner took issue with viewing the debt ceiling as a vehicle for anything other than upholding America's financial obligations.

"This commitment to meet the obligations of the nation, this  commitment to protect the creditworthiness of the country is a fundamental commitment you can never call into question or violate because it's the foundation for any market economy, the foundation of  our financing," Mr. Geithner said. "This allows us to govern, to fight wars, to deal with crises, recessions, to adjust to a changing world. You can't put that into question; you can't put it into doubt."

Boehner's Senate bête noire, majority leader Harry Reid, said the Speaker's plans showed that he is moving at the behest of his caucus's most conservative members.

"American people have had enough of this brinkmanship," Mr. Reid told reporters Tuesday afternoon. "It's pretty clear to me that the tea party direction to the Republican Party is driving them over the cliff."

No matter who is driving, though, Boehner is done with waiting.

"[W]e’ve talked this problem to death," he said. "It’s about time we roll up our sleeves and get to work."

Permissions

Read Comments

View reader comments | Comment on this story

  • Weekly review of global news and ideas
  • Balanced, insightful and trustworthy
  • Subscribe in print or digital

Special Offer

 

Doing Good

 

What happens when ordinary people decide to pay it forward? Extraordinary change...

Scott Budnick works in the dining room as customers arrive for a free meal at the Mathewson Street Friendship Breakfast in Providence, R.I.

Scott Budnick serves breakfast – with a side order of respect – to the homeless

Sunday breakfast at a Providence, R.I., church is more than a free meal. Half the volunteers are homeless themselves: 'It's their [own] breakfast that they're putting on.'

 
 
Become a fan! Follow us! Google+ YouTube See our feeds!