Budget Player Cadet_
Smash Hero
www.nytimes.com/2012/05/16/us/politics/gop-pledges-new-standoff-on-debt-limit.html?_r=1
...Could you get any more transparently partisan and idiotic? Come on, this is just pathetic. It was stupid partisan posturing in 2011, and now it's even more obvious. Not really sure if there's anything more to say about this than that the Republicans have, once again, put politics above sound policy.WASHINGTON — Speaker John A. Boehner on Tuesday set the stage for a bruising election-year showdown on fiscal policy, vowing to hold up another increase in the federal debt ceiling unless it was offset by larger spending cuts.
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Mr. Boehner’s stance threatened to throw Congress back into the debt-limit stalemate that consumed Washington in 2011, but this time at the height of a campaign that Republicans are trying to make a referendum on Mr. Obama’s handling of the economy.
“A prairie fire of debt is sweeping across Iowa and our nation,” Mr. Romney said, “and every day we fail to act we feed that fire with our own lack of resolve.”
The Boehner comments, made at a fiscal summit meeting in Washington, were the first public shot in what promises to be the most consequential budget fight in a generation. On Jan. 1, nearly $8 trillion in tax increases and across-the-board spending cuts are scheduled to take effect.
Mr. Boehner said he would not allow Congress to duck tough decisions with another round of short-term measures. He also said the House would pass an extension of the Bush-era tax cuts before the November elections, and he urged lawmakers in both parties to reach a long-term deal on spending and tax changes — but no additional taxes — to head off a fiscal calamity.
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