Reasons to question the political sanity of US House Republicans are their refusal to raise the debt ceiling that would allow the US government to pay the debt already owed by past congressional actions. Reasons to question their integrity There are also many
When it comes to integrity, Republicans only threaten to default the nation when Democrats are in the White House. Expenditures and debt piled up through his four administrations, but neither when George W. Bush was president nor when Donald Trump was commander-in-chief was the crisis looming large due to elastic fiscal principles. We were never on the brink of it. But they came dangerously close to the edge of disaster when Democrat Barack Obama was in charge, and now they’re poised to do the same with Joe Biden.
It looks questionable as partisan politics rather than financial prudence.
And really, there is nothing smart about what the Republicans are going to do this time around. They lack the votes to make the necessary cuts in the normal budget process, so instead they say, ‘Biden, give us what we want or we’ll destroy the economy. I’m trying to threaten you.
It’s not smart, it’s not sane. There is no way that it makes sense for Republicans to court disaster for budget cuts they genuinely don’t care about. I’m riding
Ronald Reagan and Trump, the two great demigods of the current Republican Party, both opposed playing games with the debt ceiling. Reagan, a constant critic of excessive government spending, warned several times that Congress should not raise the debt ceiling and do politics.
“This country now has the strongest credit in the world,” Reagan said, admonishing representatives and senators of his time. Even the outlook is impossible to predict and amazing to ponder.”
In his diary, Reagan wrote of his negotiations with congressional leaders:
Unfortunately, Reagan is not urging Republicans today to act like reasonable humans and give Joe Biden a free debt ceiling law.
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