16 July 2011

At the Brink

Will lawmakers finally come to realize that they can’t wait any longer? Washington leaders are being pressured by each other, Wall Street, world financial markets, the business community, and regular folks who are all tired of what the partisan dance could do to our economy. If a deal is struck – a real deal that doesn’t just reduce our deficits, but our national debt – then all sides will have to give, or they will prove themselves unable to muster the courage we elected them to display in times of crisis.

Below are several quotes from a story in the Washington Post, read the entire article here.

“I didn’t get elected to punt this problem down the road another six months,” said Rep. Jason Chaffetz (R-Utah). “We are the body, we are the commission to make these tough decisions. ... Guys like me are not coming along. We’re not going along just to get along.”

Rep. Allen B. West (R-Fla.) was equally blunt. “The quote-unquote McConnell-Reid plan is no plan. That’s the acquiescence of the responsibilities of our Congress,” he said. “It’s nothing but the typical D.C. two-step, and I’m not going to be part of that.”

Under the stopgap plan, Congress would allow Obama to raise the debt ceiling in three increments totalling $2.5 trillion over the next year. Each time, Congress would vote on a resolution of disapproval, allowing Republicans to blame the increases on Obama. --

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