On Democrat responsibility for our huge budget problems…
The Democrats control both houses of congress for four years starting in 2007. During that time, during those four years – and it’s George W. Bush’s, the last two years of his administration, admittedly – but during that time, 2007, through 2010, no Republican legislation was considered in committee. Legislation is crafted in committee, where the majority is in control. And particularly in the house, where spending bills originate – Ways and Means Committee, and all the other committees – no Republican legislation was considered. Pelosi didn’t even consider Republican legislation. The idea that Republicans have any responsibility, congressionally, for the spending that occurred in this country starting in 2007 is simply not possible. Pelosi didn’t permit it. Pelosi and Steny Hoyer and Debbie Wasserman-Schultz, they ran the house back then, they didn’t permit it. Even now, the Democrats still control the Senate, and the White House. So from 2007 to 2010 the Democrats had the House and the Senate, then they got the White House, and for two years, they had the White House, the House and the Senate, after two years of total control of Congress. So the Democrats had total control of Congress for four years. Two of those years they also had the White House. Those two years are the first two years of Obama. That’s when all of this deficit spending started. That’s healthcare, the stimulus – that’s when Obama’s spending took root.
On Obama lying to the American people at the height of the debt-limit negotiations with Republicans last summer…
Obama intentionally lied to the American people in a prime-time address, announcing the failure of negotiations to expand the debt limit last summer… the Obama lie was telling the American people the Republicans were demanding cuts to the budget, only – as a means of expanding the debt limit: “We’ll give you the debt limit increase, but you have to have some budget cuts.” Obama lied to the American people and said that was the intractable Republican position. When in fact, Boehner and Eric Cantor had offered tax increases in the $800 million range. Now to take you back, nine months ago – it was Obama who needed the deal… it’s Obama, whose job is spending money, it’s Obama who needs the debt limit increased so he can continue to buy votes, expand government, whatever his plan is. What Boehner and the boys decided to do was essentially call his bluff. He was setting up to run against a do-nothing Congress. They said, “Okay – here you go.” Obama rejected it, and then addressed the nation and lied – told the American people that the Republicans were intractable, inflexible – was their way or the highway. They wouldn’t give an inch. When in fact they had given Obama – this is the key – everything he wanted. And that’s what he couldn’t afford. The trick that they played on Obama was giving him everything he wanted.
On the failure of the Supercommittee to reach a budget agreement…
Everybody knew the Supercommittee wasn’t going to do anything. And by the way, there are no spending cuts. Even with sequestration. There are no spending cuts. It’s just reductions in the rate of growth. It’s the same old thing. Spending is still gonna up! It’s just like everything else, with the U.S. budget – it’s said to be a cut because it’s not going up as much. But defense spending, with sequestration, will still go up 16%. There’s no spending cuts here. Zilch, zero, nada. But anyway, folks, the market’s not down because the Supercommittee is gonna admit failure. Everybody knew this was gonna happen.
On the need for Republicans to get serious about saving the country from economic ruin at the hands of Obama and the Democrats…
If you believe that our beloved country is collapsing due to government – why continue with these games? Why continue with such things as two-month expansions of the debt limit? Continuing resolution after continuing resolution instead of a budget. A two-month extension of a so-called payroll tax cut. These are games. This is style over substance. If we are to stop this, if we are to reverse this, if we are to get anywhere, we need to start now, make our case. We need to begin to reverse course. We can’t be so timid and scared and gutless that we jump every time Obama says “Jump!”
On the never-ending saga of the debt crisis.
This deal was supposed to be the salvation. This deal was supposed to buy us time. This deal was supposed to ward off Satan. And his sandwich. This deal was supposed to buy us some time, at least for Christmas. This deal was supposed to bring us a little peace. This deal was supposed to bring us a little compromise. And now here it is. When did Obama sign this stupid thing? Yesterday? Last night? So in one day – we have a story from Reuters – “Economists say the economy could face a further drag from the budget deficit cutting plan approved by Congress this week.” Wait a minute! I thought this bill was the salvation. Now they tell us, one day later, that the economy could face a further drag because we did this deal. And why? Because it’s a deficit cutter. And it’s not a deficit cutter.
Mark Steyn is filling in for Rush today… On the enormity of the U.S. debt problem.
I would love it, if there was no debt-ceiling deal, and on August the third, every little item of federal expenditure had to be justified, because this waste is sick, it’s sick and decadent. And you can’t go on like this. Nobody’s doing it on this scale. We look at the Greeks and we laugh at the Greeks. We look at the Portuguese and we laugh at the Portuguese. We look at the Spaniards, laugh at them. All these Mediterranean layabouts – HA HA HA HA. You look at the numbers. You look at the numbers of the Mediterranean layabouts. The T-word isn’t involved. Trillion isn’t involved… Trillion was a word that was of no use to anyone except astronomers, until a couple of years ago.
Mark Belling is filling in for Rush today... On President Obama’s refusal to consider spending cuts.
Obama is taking the American treasury into the crack house. Now we’re addicted. We have a terrible problem – the country’s got the shakes. And he’s saying, “Well, I won’t go to the crack house as much, but you’ve got to give me some money so I can go there at least a few times more." You know how that’s going to work out. This problem can only be addressed by cutting spending, and he will not do it.
On tomorrow’s budget meeting between the House Republican leadership and President Obama in the White House.
I’m going to tell you Republicans something right now, and right here, and if you know anybody who’s an elected Republican I want you to pass this on to 'em because this is key. At this meeting tomorrow, Obama is going to do everything he can to get these guys to raise taxes... now in the Senate, he might not have much of a problem. In the Senate, there might be some Republicans who’d go along – I don’t think the majority of them. But the House Republicans are not. Going. To sign anything. That raises taxes. They just aren’t. And so Republicans you have got to go into that meeting tomorrow fully aware that the President is the one who’s gonna have to cave. The President is the one who can be made to cave, if you hold firm on not raising taxes, ‘cause that’s all he cares about, and that’s all the Democrats care about.