House Democrats Want to Abolish the Debt Ceiling; Will House Democrats Stand With Them?

Democrats Can’t Pay Off Their Credit Card, So They Throw Away The Bill

House Democrats will announce legislation today that looks to repeal the debt ceiling entirely. This is yet another gimmick proposed by Washington politicians who repeatedly refuse to cut any spending.

“Washington Democrats can’t pay off their credit card, so they want to throw away the entire bill,” said NRCC Communications Director Andrea Bozek. “They backed President Obama’s reckless fiscal policies, now they need to face the fact that our country has a spending problem.”

What liberals don’t understand is that we don’t need gimmicks like abolishing the debt ceiling. What we need is for Democrats to stand up to President Obama and tell him that our country has a spending problem. They can sign our petition here: www.nrcc.org/spending.

House Democrats Will Introduce A Bill Today To Abolish The Federal Debt Ceiling. “One way out the debt ceiling showdown: getting rid of the debt ceiling altogether. A group of House Democrats is introducing legislation Wednesday that would repeal the federal debt limit. Reps. Jan Schakowsky (D-Ill.), Jerrold Nadler (D-N.Y.), Hank Johnson (D-Ga.), Jim Moran (D-Va.), Keith Ellison (D-Minn.) and Peter Welch (D-Vt.) are behind the effort.” (Rachel Weiner, “House Democrats Aim To Repeal The Debt Ceiling,” The Washington Post, 1/15/13)

On Monday, President Obama Refused To Negotiate On Raising The Nation’s Debt Ceiling. “Chuck, what I’m saying to you is that there is no simpler solution, no ready, credible solution other than Congress either give me the authority to raise the debt ceiling or exercise the responsibility that they have kept for themselves and raise the debt ceiling. Because this is about paying your bills. Everybody here understands this. I mean, this is not a complicated concept.” (President Barack Obama, Press Conference, 1/14/13)

In A Meeting With Speaker John Boehner, President Obama Said Our Country Doesn’t Have A Spending Problem. “‘At one point several weeks ago,” Mr. Boehner says, “the president said to me, ‘We don’t have a spending problem.’” (Stephen Moore, The Education Of John Boehner, The Wall Street Journal, 1/6/13)