Sometimes The Best Ideas Are Also The Simplest…Fire Them All, Then Start Over With A New President And A New Congress

Posted By on July 15, 2011

President Barack Obama said deficit-cutting talks are running out of time, and dismissed the plan that House Republicans will promote as not serious. The House plans to vote July 19 to  increase the debt ceiling, but wants it tied to approval of a balanced-budget amendment.

The Democrats have a back up proposal that would grant Obama authority to raise the debt limit in installments unless Congress disapproves by a two-thirds percentage majority – a near impossibility with the Senate controlled by Democrats. Obama would still be required to offer some spending reductions.

Our opinion is that congressional morons don’t understand how percentages and numbers work. That’s why we’re in this predicament. 

The House plans to vote July 19 to  increase the debt ceiling, but wants it tied to approval of a balanced-budget amendment.  This will let Republicans go on record for reaching a deficit-cutting deal by the deadline that Treasury Secretary Timothy Geithner has set for raising the $14.3 trillion debt ceiling.

House Speaker John Boehner (Ohio Republican), called the measure a solid plan for moving forward, to get through that vote, he told reporters, and then we’ll make decisions about what will come after it.

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