Senate Majority Leader Harry Reid (D-NV) is making his second trip to the White House this week. Today he’ll be joined by Sens. Dick Durbin (D-IL), Patty Murray (D-WA) and Chuck Schumer (D-NY) for an afternoon meeting with President Obama on the debt limit among other issues. The Democrats are plotting their next move in a game of chess with Republicans.
Today at Heritage we’ll also host a member of the upper chamber. Sen. John Cornyn (R-TX) speaks at 9 a.m. ET about the security implications of U.S. debt at the event, “The China Challenge: Mixing Economics and Security.” Click here to watch the live webcast.
The debt limit is very simple and it will be increased. We should approve an increase of $ 300 billion, and only with real, dollar-for-dollar, FY2012 spending reductions. We should only allow a vote once every 90 days. We must force the members of Congress to "show their cards" now; again in the fall; again before the primaries; and just before the November 2012 elections. Little Johnny wants a 10-year deal with fictional spending reductions (against the baseline) so the issue will go away and he can sip his wine.
Once again it seems that the LIGHT of DAY shall not shine on the behind closed door deal making! It is only our Nations fiscal future these proven incompents are discussing!
http://online.wsj.com/article/SB10001424052702304… '
http://online.wsj.com/article/SB10001424052702304… '
CUT spending and DO NOT RAISE THE DEBIT CEILING FOR ANY REASON!