Source:CNN– On the left, U.S. Representative Keith Ellison (Democrat, Minnesota) and on the right, U.S. Representative Cory Gardner (Republican, Colorado)
“Rep. Keith Ellison says the GOP is creating economic uncertainty by bringing the debt ceiling into the Obamacare debate. More from CNN at:CNN.”
From CNN
At risk of sounding like a Democrat here: I believe Representative Ellison sounds very reasonable here. Which is surprising to me because he represents the left-wing (if not Far-Left) flank of the House Democratic Caucus, as well as Democratic Party as a whole. Representative Gardner, is just toeing the Tea Party Republican line: “You give us what we want on ObamaCare, or the government will shut down.”
Source:CNN– On the left, U.S. Representative Keith Ellison (Democrat, Minnesota) and on the right, U.S. Representative Cory Gardner (Republican, Colorado)
I actually agree with Republicans here when it comes to the debt ceiling that we should pay for the increase in it. But House Republicans are going to have to compromise again on it like they did in 2011 to get anything done. And I agree with them here because our debt is too high and we simply can’t keep pushing it off just because economic growth is so low and unemployment is relatively still high. That our fiscal problems are going to have to be addressed sooner rather than later while we still can control our own fiscal policy. Rather than having to make drastic policies to avoid even worst things from happening in the future.
You pay for the debt ceiling increase something we did in the 1990s and 1980s in a responsible way, you are telling Wall Street and world markets that America is serious about its economy and fiscal situation. And we are going to do what we need to do to get it under control and finally fix these problems.
So the compromise between the White House and Democratic Senate with House Republicans on funding the Federal Government and raising the debt ceiling, is that House Republicans do not get a defunding of the Affordable Care Act. The debt ceiling is raised in a strategic way where everyone that can afford to get cut that doesn’t hurt the economy gets cut. Not across the board but everywhere in the federal budget where we can afford to and should save: taxes, entitlements and, defense policy reform great places to start along with agriculture. Everybody gives a lot and gets a lot and both sided can move on to other issues.