What Is The Debt Ceiling?
Published on May 19, 2013
What is the debt ceiling and why does it matter? Find out:http://BankruptingAmerica.org/DebtCei…
Congress’s dance with the debt limit can be confusing and, frankly, the details can be a real snooze fest for many Americans. Sometimes a little humor clarifies the absurdities of Washington antics better than flow charts and talk of trillions.
The 31-second video and accompanying infographic “The Debt Ceiling Explained” by Bankrupting America offers the facts, leavened with a dose of levity. The conclusion is serious, however: The country’s debt threatens economic growth, and spending cuts are the answer.
It is obvious to me that if President Obama gets his hands on more money then he will continue to spend away our children’s future. He has already taken the national debt from 11 trillion to 16 trillion in just 4 years. Over, and over, and over, and over, and over and over I have written Speaker Boehner and written every Republican that represents Arkansans in Arkansas before (Griffin, Womack, Crawford, and only Senator Boozman got a chance to respond) concerning this. I am hoping they will stand up against this reckless spending that our federal government has done and will continue to do if given the chance.
Why don’t the Republicans just vote no on the next increase to the debt ceiling limit. I have praised over and over and over the 66 House Republicans that voted no on that before. If they did not raise the debt ceiling then we would have a balanced budget instantly. I agree that the Tea Party has made a difference and I have personally posted 49 posts on my blog on different Tea Party heroes of mine.
What would happen if the debt ceiling was not increased? Yes President Obama would probably cancel White House tours and he would try to stop mail service or something else to get on our nerves but that is what the Republicans need to do.
I have written and emailed Senator Pryor over, and over again with spending cut suggestions but he has ignored all of these good ideas in favor of keeping the printing presses going as we plunge our future generations further in debt. I am convinced if he does not change his liberal voting record that he will no longer be our senator in 2014.
I have written hundreds of letters and emails to President Obama and I must say that I have been impressed that he has had the White House staff answer so many of my letters. The White House answered concerning Social Security (two times), Green Technologies, welfare, small businesses, Obamacare (twice), federal overspending, expanding unemployment benefits to 99 weeks, gun control, national debt, abortion, jumpstarting the economy, and various other issues. However, his policies have not changed, and by the way the White House after answering over 50 of my letters before November of 2012 has not answered one since. President Obama is committed to cutting nothing from the budget that I can tell.
I have praised over and over and over the 66 House Republicans that voted no on that before. If they did not raise the debt ceiling then we would have a balanced budget instantly. I agree that the Tea Party has made a difference and I have personally posted 49 posts on my blog on different Tea Party heroes of mine.
Dan Mitchell of the Cato Institute wrote a very good article and I agree with most of it. However, I do take exception to just one part. He is right to get on to USA Today for calling this current Congress the most unproductive since they only passed 61 bills. Dan rightly pointed out that in the first two years of Obama’s term the Democratically controlled Congress turned out lots of law but they included some very bad laws like Obamacare.
How I differ with Mitchell on this one point. In 2011 the Republicans in Congress failed to block the debt ceiling proposal and only 66 brave Republicans in the House voted against it. As a result we have continued to run trillion dollar deficits which in my view (and Dan’s too) makes this Congress the dumbest and most unproductive ever. Dan has actually shown how government involvement in deficit spending can actually hinder economic growth. and Dan did an excellent video series on restraining spending in government and I have included the You Tube clips of those in this post.
Here below is a list of those 66 brave Republicans that voted against the debt ceiling increase listed below in August of 2011.
Full House roll call
By: Associated Press
August 1, 2011 08:46 PM EDT
The 269-161 roll call Monday by which the House passed the compromise bill to raise the debt ceiling and prevent a government default.
A “yes” vote is a vote to pass the measure.
Voting yes were 95 Democrats and 174 Republicans.
Voting no were 95 Democrats and 66 Republicans.
X denotes those not voting.
There are 2 vacancies in the 435-member House.
Democrats – Sewell, Y.
Republicans – Young, Y.
Democrats – Giffords, Y; Grijalva, N; Pastor, N.
Democrats – Ross, Y.
Republicans – Crawford, Y; Griffin, Y; Womack, Y.
Democrats – Baca, X; Bass, Y; Becerra, N; Berman, Y; Capps, Y; Cardoza, N; Chu, N; Costa, Y; Davis, Y; Eshoo, Y; Farr, N; Filner, N; Garamendi, Y; Hahn, N; Honda, N; Lee, N; Lofgren, Zoe, N; Matsui, N; McNerney, N; Miller, George, N; Napolitano, N; Pelosi, Y; Richardson, N; Roybal-Allard, N; Sanchez, Linda T., N; Sanchez, Loretta, Y; Schiff, Y; Sherman, Y; Speier, Y; Stark, N; Thompson, Y; Waters, N; Waxman, N; Woolsey, N.
Republicans – Bilbray, Y; Bono Mack, Y; Calvert, Y; Campbell, Y; Denham, Y; Dreier, Y; Gallegly, Y; Herger, Y; Hunter, N; Issa, Y; Lewis, Y; Lungren, Daniel E., Y; McCarthy, Y; McClintock, N; McKeon, Y; Miller, Gary, Y; Nunes, N; Rohrabacher, Y; Royce, Y.
Democrats – DeGette, N; Perlmutter, Y; Polis, Y.
Republicans – Coffman, Y; Gardner, Y; Lamborn, N; Tipton, N.
Democrats – Courtney, Y; DeLauro, N; Himes, Y; Larson, N; Murphy, N.
Democrats – Carney, Y.
Democrats – Brown, N; Castor, Y; Deutch, Y; Hastings, N; Wasserman Schultz, Y; Wilson, Y.
Republicans – Adams, Y; Bilirakis, Y; Buchanan, Y; Crenshaw, Y; Diaz-Balart, Y; Mack, N; Mica, Y; Miller, Y; Nugent, Y; Posey, N; Rivera, Y; Rooney, Y; Ros-Lehtinen, Y; Ross, N; Southerland, N; Stearns, N; Webster, Y; West, Y; Young, Y.
Democrats – Barrow, Y; Bishop, Y; Johnson, Y; Lewis, N; Scott, David, Y.
Democrats – Hanabusa, Y; Hirono, Y.
Republicans – Labrador, N; Simpson, Y.
Democrats – Costello, Y; Davis, Y; Gutierrez, Y; Jackson, N; Lipinski, Y; Quigley, Y; Rush, Y; Schakowsky, N.
Democrats – Carson, N; Donnelly, Y; Visclosky, N.
Republicans – Bucshon, Y; Burton, N; Pence, Y; Rokita, N; Stutzman, N; Young, Y.
Democrats – Boswell, N; Braley, N; Loebsack, N.
Democrats – Chandler, Y; Yarmuth, N.
Republicans – Davis, N; Guthrie, Y; Rogers, Y; Whitfield, Y.
Democrats – Richmond, Y.
Democrats – Michaud, Y; Pingree, N.
Democrats – Cummings, N; Edwards, N; Hoyer, Y; Ruppersberger, Y; Sarbanes, N; Van Hollen, Y.
Republicans – Bartlett, Y; Harris, N.
Democrats – Capuano, N; Frank, N; Keating, Y; Lynch, Y; Markey, N; McGovern, N; Neal, N; Olver, N; Tierney, N; Tsongas, Y.
Democrats – Clarke, N; Conyers, N; Dingell, Y; Kildee, Y; Levin, Y; Peters, N.
Republicans – Amash, N; Benishek, Y; Camp, Y; Huizenga, Y; McCotter, Y; Miller, Y; Rogers, Y; Upton, Y; Walberg, Y.
Democrats – Ellison, N; McCollum, N; Peterson, Y; Walz, Y.
Democrats – Thompson, N.
Republicans – Harper, Y; Nunnelee, Y; Palazzo, Y.
Democrats – Carnahan, Y; Clay, Y; Cleaver, N.
Republicans – Rehberg, N.
Republicans – Fortenberry, Y; Smith, Y; Terry, Y.
Democrats – Berkley, Y.
Republicans – Heck, Y.
Republicans – Bass, Y; Guinta, Y.
Democrats – Andrews, Y; Holt, N; Pallone, N; Pascrell, Y; Payne, N; Rothman, Y; Sires, Y.
Republicans – Frelinghuysen, Y; Garrett, N; Lance, Y; LoBiondo, Y; Runyan, Y; Smith, Y.
Democrats – Heinrich, Y; Lujan, N.
Republicans – Pearce, N.
Democrats – Ackerman, N; Bishop, Y; Clarke, N; Crowley, N; Engel, N; Higgins, Y; Hinchey, X; Hochul, Y; Israel, Y; Lowey, Y; Maloney, N; McCarthy, Y; Meeks, Y; Nadler, N; Owens, Y; Rangel, N; Serrano, N; Slaughter, N; Tonko, N; Towns, N; Velazquez, N.
Republicans – Buerkle, N; Gibson, Y; Grimm, Y; Hanna, Y; Hayworth, Y; King, Y; Reed, Y.
Democrats – Butterfield, N; Kissell, N; McIntyre, N; Miller, N; Price, N; Shuler, Y; Watt, N.
Republicans – Coble, Y; Ellmers, Y; Foxx, Y; Jones, N; McHenry, Y; Myrick, Y.
Republicans – Berg, Y.
Democrats – Fudge, N; Kaptur, N; Kucinich, N; Ryan, N; Sutton, N.
Democrats – Boren, Y.
Republicans – Cole, Y; Lankford, Y; Lucas, Y; Sullivan, Y.
Democrats – Blumenauer, N; DeFazio, N; Schrader, Y; Wu, Y.
Republicans – Walden, Y.
Democrats – Altmire, Y; Brady, Y; Critz, Y; Doyle, N; Fattah, Y; Holden, Y; Schwartz, Y.
Republicans – Barletta, Y; Dent, Y; Fitzpatrick, Y; Gerlach, Y; Kelly, Y; Marino, Y; Meehan, Y; Murphy, Y; Pitts, Y; Platts, Y; Shuster, Y; Thompson, Y.
Democrats – Cicilline, Y; Langevin, Y.
Democrats – Clyburn, Y.
Republicans – Duncan, N; Gowdy, N; Mulvaney, N; Scott, N; Wilson, N.
Republicans – Noem, Y.
Democrats – Cohen, N; Cooper, Y.
Republicans – Black, Y; Blackburn, Y; DesJarlais, N; Duncan, Y; Fincher, Y; Fleischmann, N; Roe, Y.
Democrats – Cuellar, Y; Doggett, Y; Gonzalez, N; Green, Al, N; Green, Gene, Y; Hinojosa, Y; Jackson Lee, Y; Johnson, E. B., Y; Reyes, N.
Republicans – Barton, Y; Brady, Y; Burgess, Y; Canseco, Y; Carter, Y; Conaway, Y; Culberson, Y; Farenthold, Y; Flores, Y; Gohmert, N; Granger, Y; Hall, N; Hensarling, Y; Johnson, Sam, Y; Marchant, Y; McCaul, Y; Neugebauer, N; Olson, Y; Paul, N; Poe, N; Sessions, Y; Smith, Y; Thornberry, Y.
Democrats – Matheson, Y.
Republicans – Bishop, N; Chaffetz, N.
Democrats – Welch, N.
Democrats – Connolly, Y; Moran, N; Scott, N.
Republicans – Cantor, Y; Forbes, N; Goodlatte, Y; Griffith, N; Hurt, Y; Rigell, Y; Wittman, Y; Wolf, Y.
Democrats – Dicks, Y; Inslee, Y; Larsen, Y; McDermott, N; Smith, N.
Republicans – Hastings, Y; Herrera Beutler, Y; McMorris Rodgers, Y; Reichert, Y.
Democrats – Rahall, Y.
Republicans – Capito, Y; McKinley, Y.
Democrats – Baldwin, N; Kind, Y; Moore, X.
Republicans – Duffy, Y; Petri, Y; Ribble, Y; Ryan, Y; Sensenbrenner, Y.
Republicans – Lummis, Y.
Although this line is attributed to many people, Wikiquote says that Gideon Tucker was the first to warn us that “No man’s life, liberty, or property are safe while the legislature is in session.”
This cartoon about Keynesian economics sort of makes the same point, but not with the same eloquence.
I don’t think it’s a case of media bias or inaccuracy, as we saw with the AP story on poverty, the Brian Ross Tea Party slur, or the Reuters report on job creation and so-called stimulus.
But it does blindly assume that it is productive to impose more laws. Was it productive to enact Obamacare? What about the faux stimulus? Or the Dodd-Frank bailout bill?
Wouldn’t the headline be more accurate if it read, “This Congress could be least destructive since 1947″?
Here are the relevant parts of the USA Today report.
Congress is on pace to make history with the least productive legislative year in the post World War II era. Just 61 bills have become law to date in 2012 out of 3,914 bills that have been introduced by lawmakers, or less than 2% of all proposed laws, according to a USA TODAY analysis of records since 1947 kept by the U.S. House Clerk’s office. In 2011, after Republicans took control of the U.S. House, Congress passed just 90 bills into law. The only other year in which Congress failed to pass at least 125 laws was 1995. …When Democrats controlled both chambers during the 111th Congress, 258 laws were enacted in 2010 and 125 in 2009, including President Obama’s health care law.
To be sure, not all legislation is bad. Now that the Supreme Court has failed in its job, Congress would have to enact a law to repeal Obamacare. Laws also would need to be changed to reform entitlements, or adopt a flat tax.
And some laws are benign, such as the enactment of Dairy Goat Awareness Week or naming a federal courthouse.
But I’m guessing that the vast majority of substantive laws are bad for freedom and result in less prosperity.
So let’s cross our fingers that future Congresses are even less productive (and therefore less destructive) than the current one.
Here is list from Wikipedia of the recent federal budgets:
- 2011 United States federal budget – $3.8 trillion (submitted 2010 by President Obama)
- 2010 United States federal budget – $3.6 trillion (submitted 2009 by President Obama)
- 2009 United States federal budget – $3.1 trillion (submitted 2008 by President Bush)
- 2008 United States federal budget – $2.9 trillion (submitted 2007 by President Bush)
- 2007 United States federal budget – $2.8 trillion (submitted 2006 by President Bush)
- 2006 United States federal budget – $2.7 trillion (submitted 2005 by President Bush)
- 2005 United States federal budget – $2.4 trillion (submitted 2004 by President Bush)
- 2004 United States federal budget – $2.3 trillion (submitted 2003 by President Bush)
- 2003 United States federal budget – $2.2 trillion (submitted 2002 by President Bush)
- 2002 United States federal budget – $2.0 trillion (submitted 2001 by President Bush)
- 2001 United States federal budget – $1.9 trillion (submitted 2000 by President Clinton)
- 2000 United States federal budget – $1.8 trillion (submitted 1999 by President Clinton)
- 1999 United States federal budget – $1.7 trillion (submitted 1998 by President Clinton)
- 1998 United States federal budget – $1.7 trillion (submitted 1997 by President Clinton)
- 1997 United States federal budget – $1.6 trillion (submitted 1996 by President Clinton)
- 1996 United States federal budget – $1.6 trillion (submitted 1995 by President Clinton)