September 2013: Rep. Paul Ryan claims, “Shutting down the government puts us on the wrong side. The fight is on the debt limit.”

When the Republican leadership caved on funding the government, they told us the real fight would be on the debt ceiling. They caved on it without any fight at all. Republicans need new leaders.

“We go right to the debt-ceiling fight, and that’s where the real battle is, we feel,” said Representative John Fleming. “It’s kind of like the follow-up plan, assuming that [the CR] fails. . . . The real fight will be on the debt ceiling.”
House budget chairman Paul Ryan also urged colleagues to wage the more serious fight over the debt ceiling. “We have to stay on the right side of public opinion,” he told his colleagues. “Shutting down the government puts us on the wrong side. The fight is on the debt limit.”
In exchange for a debt-ceiling increase, Cantor told colleagues, the GOP will issue a litany of demands, including a one-year delay of Obamacare, construction of the Keystone pipeline, an anti-regulatory bill called the REINS Act, and other spending reforms. The exact combination will be negotiated with President Obama and Reid.

White House reiterates claim they won't negotiate on debt ceiling...

Rep. Paul Ryan hardest hit...

Via The Hill:

The White House reiterated Monday that administration officials would not negotiate over the debt ceiling, after House Budget Committee Chairman Paul Ryan (R-Wis.) said over the weekend that Republicans would seek concessions in exchange for extending the limit on borrowing.
“The president’s position has not changed,” said White House press secretary Jay Carney.
Carney said officials were skeptical that Republicans would actually pursue the strategy after the polling hit the party took during the government shutdown earlier this year.
“We do not expect Republicans to walk that path again, precisely because it proved so disastrous,” Carney said.
But Ryan on Sunday indicated the GOP would gather after the holidays “and discuss exactly what it is we’re going to try and get” in exchange for raising the debt ceiling.

Stupid: 27 RINO Senators who voted for debt ceiling increase have now voted to disapprove their previous vote...

You can't make stuff this stupid up. The GOP Senators who voted for the debt ceiling increase are now voting against it. Of course, they know the vote is meaningless now, but they will likely use it in their next campaign as evidence they voted against the debt ceiling increase. 

Twenty-seven Republican senators voted with Democrats on Oct. 16 to lift the debt ceiling and avert a catastrophic default. And each one of those 27 senators voted Tuesday to "disapprove" of their own votes.
The vote Tuesday was a symbolic "resolution to disapprove" of the debt limit hike. It was mandated by the deal thanks to a last-minute provision inserted by Senate Minority Leader Mitch McConnell (R-KY). The motion failed 45-54 because all Democrats opposed it. Read it all...

Nancy Pelosi channels Hillary Clinton when asked about pork in debt ceiling bill..

"What difference does it make" is the new democratic mantra...

(CNSNews.com) – House Minority Leader Nancy Pelosi (D-Calif.) asked why reporters were making an issue out of the additional spending that was added to the continuing resolution that re-opened the federal government and increased the debt limit.
“What difference does it make? Why are we talking about this? We’re talking about a bill that as I said last night, I’m not asking anybody to vote for this bill on the merits,” Pelosi said.
The bill included funds to fix flooded roads in Colorado, $3 million for a civil liberties oversight board, a death benefit payment to the late Sen. Frank Lautenberg’s (D-N.J.) widow, as well as an increase in authorization for spending on construction on the lower Ohio River in Illinois and Kentucky, the Hill reported.

GOP-e preparing to surrender?

Obama demanded Republicans surrender. It looks like Boehner and a herd of Senate RINO's are ready to oblige. Throw the bums out if they do. Let's start with Mitch McConnell and John Boehner.

House Republicans have sent the White House a revised proposal to lift the debt ceiling for six weeks, as well as reopen government through December 15th, which was their original spending proposal before the partial shutdown. The revised GOP plan reflects the demands Obama made in a meeting with House GOP Leaders on Thursday. It also reflects the unwillingness of the DC GOP to face a fiscal showdown with Democrats.

Aside from reopening the government and agreeing to raise America's debt over the current $16.7 trillion limit, the Republicans made several other concession to President Obama and the Democrats. One such example is that Obamacare would receive funding. The Republicans would get to take out a portion of the president's signature legislation, but the law would substantially remain intact.

Revealed: Obama turned down Republican debt ceiling deal because he wants more taxes...

Why Republicans even bother to attempt to negotiate with Obama is hard to understand. He only wants his political opponents (and the rest of the country) on their knees.

Via Politico:

President Barack Obama spoke with House Speaker John Boehner on Friday but did not wholly accept the House Republican plan to open government, raise the debt ceiling and open budget talks, sources said.

“The President and the Speaker spoke by telephone a few minutes ago. They agreed that we should all keep talking,” said Michael Steel, a spokesman for Boehner.

Senior Republican sources say Obama is amenable to changes to mandatory and discretionary spending, but needs Republicans to commit to increasing governmental revenue. Obama also acknowledged that an unpopular medical device tax is not core to the health care law, GOP senators said after the meeting. That tax has been in the crosshairs of senators from both parties working toward a broad agreement.

Obama slaps down Republicans attempt to compromise on debt ceiling...

Whose fault will it be if we default?

Breaking News: Obama Rejects Republican Proposal for Short-Term Debt Limit Plan http://t.co/eqDfdEsmLj
— The New York Times (@nytimes) October 10, 2013

Harry Reid's debt ceiling bill: $1.1 trillion in new debt, no spending reform...

Apparently, the exploding national debt is no problem for Harry Reid. He must think he will be dead before the bill comes due anyway. 

Via The Hill: 

Senate Majority Leader Harry Reid (D-Nev.) is moving legislation to push the debt limit until Dec. 31, 2014, well beyond next year’s midterm election.
Senate aides estimate the bill would increase federal borrowing authority by about $1.1 trillion.
The administration estimates the nation will hit the upper bounds of its $16.7 trillion debt ceiling on Oct. 17, although in recent days experts have said that deadline may be flexible.
Senate Republican Leader Mitch McConnell (Ky.) blasted Reid’s proposal for not including any spending reform.
“What he proposes is to raise the debt limit by $1 trillion, but not do anything about the debt,” McConnell said. “Not a single reform to get spending under control. We’ve got a debt close to $17 trillion.

The parable of Obama the used car salesman...

See if you can see the similarities to what is happening in Washington...

A man's car motor locked up and he needed another car fast or he would lose his job, fail to make his house payment and lose his credit rating. The only car lot for miles was 'Slick Obama's Sleazy Motors.' The man had gotten ripped off on his last deal there, but had little choice since this was the only car lot around. When he got to the dealership, he was met by owner Barack Obama. After explaining his situation, Obama told the man he only had one car available for him. It was a '1995 Cadillac DeVille' for $10,000. The man was shocked at the price and had no desire to purchase a car that size, much less a Cadillac. He asked if anything else was available. Obama told him no. That was the deal. Take it or leave it. After examining the Cadillac, the man found several dents in it, severely worn tires and a questionable battery. He offered to buy the car for $8000 with a small to-do list. Obama told him, "I will not negotiate. Either buy the car at my price or face defaulting on your home loan and losing your credit rating." Obama did promise to negotiate some items later, but first the man had to agree to his deal and buy the car. Feeling he had no choice, the man paid $10,000 for the car "as is." After driving it for two weeks and having two expensive breakdowns, the man went back to
'Slick Obama's Sleazy Motors' to take Obama up on his offer to negotiate later. After explaining all the problems he had experience and how he had felt forced to buy a bigger car than he needed at a price that was outrageous, the man told Obama he wanted to reopen negotiations. Obama smiled and replied, "All sales are final." -Bluegrass Pundit

After increasing our national debt $6 trillion, Obama says, "...one of the most valuable things we have is America's credit worthiness."

 Click image for video

Obama needs to get freaking real...

PRESIDENT OBAMA: Everybody should say one of the most valuable things we have is America's credit worthiness. This is not something we should even come close to fooling around with. So when I read people saying, no, this wouldn't be a big deal, we should test it out. Let's take default out for a spin and see how it rides.[..] More here...

Good News: Obama ready to negotiate with Republicans if they give him what he wants first...

So, If Republicans give democrats everything they want, he will negotiate with them. About what? If a used car salesman told you to buy a car at his price and he will negotiate the price later after the sale, would you take the deal?

Via USA Today:

President Obama said Monday he is “eager and ready” to negotiate with Republicans on the budget and other issues, but not until the House GOP votes to re-open the government and increase the debt ceiling.
“I’m happy to talk to Republicans about anything,” Obama said during a visit to the Federal Emergency Management Agency, where he took his campaign against the shutdown now in its seventh day.
While some 200 FEMA staff members were recalled from furlough — some without pay — to prepare for Tropical Storm Karen in the Gulf of Mexico, at least 100 of them will now have to be re-furloughed, Obama said.

Tweet of the Day: Senator Obama opposed debt ceiling increase...

Change...

Must Read -> RT @freddoso: From Sen. Cruz's floor statement -- or something like that. pic.twitter.com/4POHyM7J1I
— Andy Lancaster (@andylancaster) October 7, 2013

Debunking the lie not raising the debt ceiling will cause the US to default on debt

Here is the big lie from the Liar-in-Chief:

Via The Hill:

President Obama said Republicans in Congress were threatening to make the United States into “a deadbeat” and a “banana republic” with their maneuvers to tie the federal budget and the debt ceiling to defunding ObamaCare.

Here is the 2013 federal budget and revenue for the fiscal year that ends October 1, 2013.

Via Wikipedia:

Total revenues and spending

The Obama administration's February 2012 budget request contained $2.902 trillion in receipts and $3.803 trillion in outlays, for a deficit of $901 billion.^[38] The budget projects a reduction in the deficit to $575 billion by 2018 before rising to $704 billion by 2022.^[39]
Total receipts (in billions of dollars)::

Item	Requested[38]
Individual income tax	1,359
Social Security and other payroll tax	959
Corporate income tax	348
Excise tax	88
Customs duties	33
Estate and gift taxes	13
Deposits of earnings and Federal Reserve System	80
Other miscellaneous receipts	21
Total	2902

Total outlays by agency (in billions of dollars):

Agency	Discretionary	Mandatory	Total
Department of Defense including Overseas Contingency Operations	666.2	6.7	672.9
Department of Health and Human Services including Medicare and Medicaid	80.6	860.3	940.9
Department of Education	67.7	4.2	71.9
Department of Veterans Affairs	60.4	79.4	139.7
Department of Housing and Urban Development	41.1	5.2	46.3
Department of State and Other International Programs	56.1	3.4	59.5
Department of Homeland Security	54.9	0.5	55.4
Department of Energy	35.6	–0.6	35.0
Department of Justice	23.9	12.7	36.5
Department of Agriculture	26.8	127.7	154.5
National Aeronautics and Space Administration	17.8	–0.02	17.8
National Intelligence Program	52.6	0	52.6
Department of Transportation	24.0	74.5	98.5
Department of the Treasury	14.1	96.2	110.3
Department of the Interior	12.3	1.2	13.5
Department of Labor	13.2	88.4	101.7
Social Security Administration	11.7	871.0	882.7
Department of Commerce	9.5	–0.5	9.0
Army Corps of Engineers Civil Works	8.2	–0.007	8.2
Environmental Protection Agency	9.2	–0.2	8.9
National Science Foundation	7.4	0.2	7.5
Small Business Administration	1.4	–0.006	1.4
Corporation for National and Community Service	1.1	0.007	1.1
Net interest	246	0	246
Disaster costs	2	0	2
Other spending	34.0-	61.7	29.5
Total	1,510	2,293	3,803

Revenue in the 2013 budget is $2.9 trillion and spending is $3.8 trillion. That means we borrow $900 billion. That's where the debt ceiling comes into play. We can see mandatory spending is $2.3 trillion. Add back in the rest of the military spending, except $140 billlion for new procurement, the payment of $246 billion on the national debt interest and we have a grand total of 3.07 trillion in spending.  Since revenue was 2.902 trillion, we only have to come up with $160 million. The actual budget was different than the on passed by Congress and signed by Obama. Due to the sequestration and increased tax revenue, the CBO estimates the actual deficit at $759 billion. That is a savings of $161 billion. This covers the $160 billion gap. Without raising the debt ceiling, we have paid all mandatory federal spending, paid all the defense budget, except for delaying new procurement, and paid the interest on the national debt. Now tell me how not raising the debt ceiling will cause the US to default on it's debts?

Stupid: Obama claims Republicans are threatening to make the United States into a “banana republic”

Hyperbole...

Via The Hill:

President Obama said Republicans in Congress were threatening to make the United States into “a deadbeat” and a “banana republic” with their maneuvers to tie the federal budget and the debt ceiling to defunding ObamaCare.
Speaking at a Ford truck plant outside of Kansas City, Mo., the president chided Republican leaders for their vote earlier Friday on legislation that would keep the government funded into December, while stripping funding for the Affordable Care Act.
“You don’t have to threaten to blow the whole thing up just because you don’t get your way,” Obama said. “Nobody gets 100 percent of what they want.”
Telegraphing his intention to veto any spending bill that delayed or defunded his signature health care law, Obama accused Republicans of lacking “the same common sense” and willingness to compromise that ordinary Americans showed in their marriages and family finances.

Guess what group Obama is refusing to negotiate with?

It's Iran Syria North Korea Russia  Republicans. Well, he has his priorities...

(Reuters) – President Barack Obama warned Republicans in Congress on Monday that he will not negotiate over an extension of the U.S. debt ceiling as part of a budget battle that will soon dominate Washington, with a deadline fast approaching.
Pivoting to domestic policy after devoting weeks to the crisis in Syria, Obama scolded his political opponents for threatening a government shutdown and attempting to attach conditions to funding the budget for the 2014 fiscal year that begins October 1.
“Let’s stop the threats. Let’s stop the political posturing, let’s keep our government open. Let’s pay our bills on time. Let’s pass a budget,” Obama said.
In a speech marking five years since the financial crisis that sent Wall Street teetering to the brink of collapse, Obama said much progress had been made in rebuilding the U.S. economy but much more remains to be done.

Unbelievable Spin: Obama claims at "some point, the government will run out of money"

Obama has run trillion dollar deficits every year he has been in office. We ran out of money a long time ago and are living on credit. 

Via Washington Times:

[M]r. Obama, speaking at the State University of New York-Buffalo, said he’ll cap student loan repayments at 10 percent of their future paychecks, but will also take steps to punish students who are attending school on federal grants by doling out the money in chunks to make sure they stay in school.
Mr. Obama said the government and colleges have been in a type of arms race in recent years, with the government boosting its contributions and schools raising their prices.
“So some point, the government will run out of money, which means more and more costs are being loaded on to students and their families,” the president said.
Keep reading…

Unlikely: Treasury Department claims federal debt has been stuck at exactly $16,699,396,000,000.00 for 70 straight days...

If it goes $25,000,000 higher, it would be over the debt ceiling...

Via CNS News:

According to the Daily Treasury Statement for July 26, which the Treasury released this afternoon, the federal debt has been stuck at exactly $16,699,396,000,000.00 for 70 straight days.
That is approximately $25 million below the legal limit of $16,699,421,095,673.60 that Congress has imposed on the debt.
The portion of the federal debt subject to the legal limit set by Congress first hit $16,699,396,000,000.00 at the close of business on May 17. At the close of every business day since then, it has also been $16,699,396,000,000.00, according to the official accounting published by the Treasury Department.
If the debt had increased by even $30 million at any time during those 70 days, it would have exceeded the statutory limit. But, according to the Treasury, the debt did not do that. Instead, it remained precisely $16,699,396,000,000.00.
Even though the government’s official accounting of the debt has not budged for 70 days, the Treasury has continued to sell bills, notes and bonds at a value that exceeds the value of the bills, notes and bonds it was redeeming.
Keep on reading…

Mark Twain should have said there are "Lies, damn lies and anything that comes from the Obama administration."

Liberal Disappointment: The Treasury Department will not mint a trillion-dollar platinum coin

This insane idea was touted by liberals as a way to get around raising the debt limit.  I don't know why they didn't go all out and suggest we mint 16 trillion dollar coins and erase the national deficit.

Via WaPo:

The Treasury Department will not mint a trillion-dollar platinum coin to get around the debt ceiling. If they did, the Federal Reserve would not accept it.

That’s the bottom line of the statement that Anthony Coley, a spokesman for the Treasury Department, gave me today. “Neither the Treasury Department nor the Federal Reserve believes that the law can or should be used to facilitate the production of platinum coins for the purpose of avoiding an increase in the debt limit,” he said.

House Speaker John A. Boehner caving on debt limit too?

It's really time for a new House Speaker...

Via WaPo:

House Speaker John A. Boehner has offered to push any fight over the federal debt limit off for a year, a concession that would deprive Republicans of leverage in the budget battle but is breathing new life into stalled talks over the year-end “fiscal cliff.”

The offer came Friday, according to people in both parties familiar with the talks, as part of the latest effort by Boehner (R-Ohio) to strike a deal with President Obama to replace more than $500 billion in painful deficit-reduction measures set to take effect in January.

With the national debt already bumping up against a $16.4 trillion cap set last year, Congress risks a government default unless it acts to raise the debt ceiling in the next few months. Some Republicans had argued that party leaders should use the threat of default to demand additional spending cuts from Obama.

Boehner’s offer signals that he expects a big deal with sufficient savings to meet his demand that any debt limit increase be paired dollar for dollar with spending cuts. That would permit him to keep a key vow to his party — and head off a potentially nasty debt-limit fight — at least until the end of next year.

“Our position has not changed,” Boehner spokesman Michael Steel said Sunday. “Any debt limit increase would require cuts and reforms of a greater amount.”

House Minority Whip Steny Hoyer on debt ceiling: “It is not real,”

Hoyer probably feels the same way about the Constitution...

(CNSNews.com) – House Minority Whip Steny Hoyer (D-Md.) said Tuesday that the debt limit is “not real” and should not be part of any negotiations to avert the fiscal cliff.
“First of all, I again would urge the Speaker not to use the debt limit to the detriment of the credit-worthiness of the United States of America as a leverage point,” Hoyer said during his weekly pen and pad briefing with reporters on Capitol Hill. “It is not a leverage point.”

“It is not real,” he said. “It is a phony political debate. We have incurred debt and the United States will meet its obligations, pure and simple.”

Keep on reading…