badgenome said:
Firstly, the treasury cannot run out of money unless it chooses to. And if having billions of dollars flowing in every single day is "running out of money", then I only wish I could run out of money. Second, I would argue that the Democrats are doing exactly that, just as much as the Republicans. After all, it's the Republican House which has produced two bills, both of which were immediately killed by the Senate without even taking them up for debate. Maybe there are good reasons not to "rush" a balanced budget amendment through like this, but the second bill was pronounced dead on arrival even before Boehner had to tack on a BBA, and that despite the fact that it was remarkably similar to Reid's own bill - aside from the fact that Boehner's bill has, you know, actual cuts (to the extent we are even talking about cuts, since these are all actually only reductions in the growth of spending) instead of bullshit accounting tricks. Reid couldn't even muster a substantive reason as to why, unless you count "EWWWW IT SMELLS LIEK TEH T PARTY!!111" as substantive (which you might). If you really think the damage done by these dickheads squabbling over the debt ceiling is worse than that done by the debt itself... I really don't know what to say to that. That's pretty out there. |
The treasury is running out of money... that's a fact. Unless you're proposing that the platinum coin idea is a viable one. Still doesn't change the fact that we're trying to avoid having to resort to extreme measure to pay our obligations.
A balanced budget adment is completely out of the question. It's not a matter of "rushing" it. It's simply radical.
The squabling is ultimately due to the Republicans. The President initially wanted to just have a debt ceiling raise, no strings attached. Just like all the other times. The Republicans are the ones that actually tied this to the deficit. Not the Democrats. The Republicans wanted to use this as an opportunity to enact spending cuts.
