http://crooksandliars.com/2015/10/why-yes-house-playing-games-debt-ceiling
Wasn't that Paul Ryan I heard about yesterday swearing he wouldn't bow down and kiss the feet of the hostage-taking Freedom Caucus? I'd swear it was. Then why on earth is he not only kissing their feet, but licking them with this travesty of a debt ceiling bill?
The bill -- dubbed the “Default Prevention Act” -- would direct the Treasury Department, in the event of a debt ceiling breach, to continue to borrow in order to keep paying Social Security, as well the principal and interest on public debt. But the government would not be able to borrow for any of its other functions until the debt ceiling was raised.
The bill is moving forward even though Speaker John Boehner (R-OH) is reportedlysignaling privately that he will advance a clean debt ceiling hike with the help of Democratic votes before he leaves office, thereby avoiding a debt default.The bill was advanced out of the House Ways and Means Committee by a party-line vote in September, where Chair Paul Ryan (R-WI) claimed the bill “takes default off the table,” according to the Washington Post. Democrats meanwhile have slammed it as a cop-out, with the committee’s ranking member Rep. Sander M. Levin (D-Mich.) accusing Republicans of “trying to squirm out of it by some sort of technical definition of default."
This doesn't work. We don't get to pick and choose the default mechanisms. We either pay, or we default, and Ryan knows that as well as I do.
if you are a republican voter ask your politicians why it's verboten to raise debt ceiling but find to spend 4.5 million on vindictive witch hunts or lose 24 billion by closing the gov't if you get an answer and approve vote for them there will be plenty of time for the buyers remorse to kick in.
the guys a liar 2012 and a great republican the two are not mutually exclusive, but mutually inclusive.
