Debt Ceiling: Reagan, Bush, Clinton, Obama
- Thread starter QueEx
- Start date
Source please!
Keep me on my toes !!!
http://www.washingtonpost.com/blogs...-in-one-chart/2011/07/06/gIQA98w11H_blog.html
I had intended to add some additional facts from the site above and others, but business is demanding today !
Waitin' for ya Charlie.
Thanks
I never doubted it's legitimacy I just wanted to read a little more on it..
A few FACTS:
- The debt ceiling has routinely been raised to accommodate spending already authorized by Congress.
- Raising the debt ceiling doesn't allow the government to go on a wild spending spree. Instead, it permits the government to fulfill its obligations, already determined by Congress.
- Use of the debt ceiling to create a crisis in the government is a ploy by the very members of Congress who authorized the spending in the first place..
More FACTS:
- During the last 28 years, from Jimmy Carter to Barack Obama, Republicans have controlled the White House, and thus pretty much the budget, for 20 years under Ronald Reagan, George H.W. Bush, and George W. Bush.
- Over the the last 20 years, did Ronald Reagan, George H.W. Bush or George W. Buch ever have a balanced budget ???
- During the last 28 years, the debt ceiling was raised 32 times.
- 17 times under Ronald Reagan;
- 4 times under H.W. Bush;
- 4 times under Clinton -- who also had a budget surplus his last 4 years; and
- 7 times under George W. Bush.
Wow! I found the Vote on Raising the Debt Ceiling from 2006. I'm just trippin on the hypocrisy
YEAs —52
Alexander (R-TN)
Allard (R-CO)
Allen (R-VA)
Bennett (R-UT)
Bond (R-MO)
Brownback (R-KS)
Bunning (R-KY)
Burr (R-NC)
Chafee (R-RI)
Chambliss (R-GA)
Cochran (R-MS)
Coleman (R-MN)
Collins (R-ME)
Cornyn (R-TX)
Craig (R-ID)
Crapo (R-ID)
DeMint (R-SC)
DeWine (R-OH)
Dole (R-NC)
Domenici (R-NM)
Enzi (R-WY)
Frist (R-TN)
Graham (R-SC)
Grassley (R-IA)
Gregg (R-NH)
Hagel (R-NE)
Hatch (R-UT)
Hutchison (R-TX)
Inhofe (R-OK)
Isakson (R-GA)
Kyl (R-AZ)
Lott (R-MS)
Lugar (R-IN)
Martinez (R-FL)
McCain (R-AZ)
McConnell (R-KY)
Murkowski (R-AK)
Roberts (R-KS)
Santorum (R-PA)
Sessions (R-AL)
Shelby (R-AL)
Smith (R-OR)
Snowe (R-ME)
Specter (R-PA)
Stevens (R-AK)
Sununu (R-NH)
Talent (R-MO)
Thomas (R-WY)
Thune (R-SD)
Vitter (R-LA)
Voinovich (R-OH)
Warner (R-VA)
NAYs —48
Akaka (D-HI)
Baucus (D-MT)
Bayh (D-IN)
Biden (D-DE)
Bingaman (D-NM)
Boxer (D-CA)
Burns (R-MT)
Byrd (D-WV)
Cantwell (D-WA)
Carper (D-DE)
Clinton (D-NY)
Coburn (R-OK)
Conrad (D-ND)
Dayton (D-MN)
Dodd (D-CT)
Dorgan (D-ND)
Durbin (D-IL)
Ensign (R-NV)
Feingold (D-WI)
Feinstein (D-CA)
Harkin (D-IA)
Inouye (D-HI)
Jeffords (I-VT)
Johnson (D-SD)
Kennedy (D-MA)
Kerry (D-MA)
Kohl (D-WI)
Landrieu (D-LA)
Lautenberg (D-NJ)
Leahy (D-VT)
Levin (D-MI)
Lieberman (D-CT)
Lincoln (D-AR)
Menendez (D-NJ)
Mikulski (D-MD)
Murray (D-WA)
Nelson (D-FL)
Nelson (D-NE)
Obama (D-IL)
Pryor (D-AR)
Reed (D-RI)
Reid (D-NV)
Rockefeller (D-WV)
Salazar (D-CO)
Sarbanes (D-MD)
Schumer (D-NY)
Stabenow (D-MI)
Wyden (D-OR)
basically: every [D] voted against it, every [R] for it. Politics at it's finest. I'll search for the house votes later but damn, both parties are full of it
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Here are the two House votes on the 2006 Debt ceiling:
First Vote Yea: 218 Nay: 214 (12 GOP Nays, all Democrats voted Nay)
Second Vote Yea: 214 Nay: 211 (15 GOP Nays, all Democrats voted Nay)
First Vote Yea: 218 Nay: 214 (12 GOP Nays, all Democrats voted Nay)
Second Vote Yea: 214 Nay: 211 (15 GOP Nays, all Democrats voted Nay)
souirce: ABC News
Gibbs: Senator Obama Only Voted Against Raising Debt Ceiling in 2006 Because He Knew It Would Pass Anyway
January 05, 2011 3:00 PM
On Sunday, President Obama’s top economic adviser, Council of Economic Advisers chair Austan Goolsbee, cautioned members of Congress not to “play chicken” by voting against raising the $14.3 trillion debt ceiling – despite the fact that as a senator in 2006, President Obama voted that way.
“I don't see why anybody's talking about playing chicken with the debt ceiling,” Goolsbee told me on ABC News’ THIS WEEK. “If we get to the point where you've damaged the full faith and credit of the United States, that would be the first default in history caused purely by insanity.”
Goolsbee said a failure to raise the debt ceiling would cause “a worse financial economic crisis than anything we saw in 2008…This is not a game. The debt ceiling is not something to toy with.”
Four year ago, however, then-Sen. Barack Obama, D-Ill., voted the exact way President Obama is now cautioning senators not to do.
“The fact that we are here today to debate raising America's debt limit is a sign of leadership failure,” he said on March 16, 2006. “Leadership means that ‘the buck stops here.’ Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership . Americans deserve better. I therefore intend to oppose the effort to increase America's debt limit.”
The debt limit was raised by a vote of 52-48.
Asked about that quote – and vote -- today, White House press secretary Robert Gibbs said that it was important that “based on the outcome of that vote…the full faith and credit was not in doubt.”
Then-Sen. Obama used the vote “to make a point about needing to get serious about fiscal discipline….His vote was not necessarily needed on that.”
-Jake Tapper
what kind of sense does that make?Anyway;
You don't have to be so defensive, I was merely pointing out the hypocrisy in both parties. If you noticed, I highlighted Demint & McConnell. (both R's) They voted to raise the debt limit when 'W' was Pres, now they are staunchly opposed. At the same time, Biden, Clinton & Obama voted against it in 2006, now they think it should be raised.
What a bad joke
You win the Cynthia Award of the day
<iframe title="MRC TV video player" width="640" height="360" src="http://www.mrctv.org/embed/104054" frameborder="0" allowfullscreen></iframe>
You win the Cynthia Award of the day
And you win the Dodgeball Award:
for all of the threads that you've dodged after gettin jammed !
And you win the Dodgeball Award:
for all of the threads that you've dodged after gettin jammed !
Gunner, the LA (Louisiana) Dodger!
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