Even though in March Speaker of the House John Boehner acknowledged that there is not an immediate debt problem, Republicans plan on holding the Debt Ceiling hostage again. They demand that the Ryan Budget be put in place or they will vote against the Debt Ceiling. This is unprecedented in American history.
Until 2011 no political party had the votes or the intent to stop the President from raising the Debt Ceiling. Which will cause a lowering of our borrowing ability and cause problems economically worldwide. Despite the National Debt being lowered and our slow but steady climb out of an economic abyss, the Republicans seem more than willing to sendvus back there. This is a House that refuses to vote on the Senate Immigration Bill and Student Loan Rates. The do nothing Congress led by Republicans seems to want to hurt America.
The Paul Ryan Budget, a cruel joke against middle class and poor Americans. He cuts Food Stamps and other parts of the SNAP program by $125 billion, while giving larger tax breaks to the wealthy and big corporations. It is a joke of a Budget Proposal that promotes Austerity, but only in the programs that help poor Americans. Austerity doesn’t work. Paul Ryan’s budget repeals the ACA yet uses the savings to balance the budget. That is unlikely to work.
President Obama and Democrats caved last time on the Debt Ceiling to save America’s credit rating. They better not cave this time or Americans will suffer worse than before. Republicans are again holding the American public hostage in order to forward some backwards agenda that benefits 3% of the population. To forward a corporate agenda, because a lobbyist paid them to do so. The Republican party’s disdain for President Obama is destroying any credibility they ever had. Now to retake the House and push them further down. 2014 is the year of the Progressive. For that we need to thank Republicans for their actions.