Cruz Vows Spending Fight on Debt Cap Boehner May Avoid

[Purveyor]

Source: Bloomberg

By Kathleen Hunter Jan 30, 2014 11:28 AM E

Senator Ted Cruz vowed to use a debate over raising the federal debt ceiling as leverage to extract a new round of U.S. spending cuts, even as House Speaker John Boehner told reporters that defaulting would be “the wrong thing” for the country.

Cruz, the Texas Republican who led the fight to defund Obamacare that contributed to a 16-day partial government shutdown in October, said today he wouldn’t give in to Democratic demands to raise the debt limit without conditions.

“We should not raise the debt ceiling without significant structural reforms that address the out of control spending and out of control debt in Washington,” Cruz said at a Bloomberg Government breakfast. “The debt ceiling is the natural lever point to address the out-of-control spending and debt. It has historically been the most effective lever point to doing so.”

Cruz’s comments came as Boehner, an Ohio Republican, refused to say whether House Republicans would seek to attach spending reductions to a debt-ceiling increase.

Read more: http://www.bloomberg.com/news/2014-01-30/cruz-vows-spending-fight-on-debt-cap-boehner-may-avoid.html

[question everything]

1. Is he threatening to non-close the government again?

After all, he claims that he did not do it..

[Swede Atlanta]

2. His argument does not line up with the facts.....

"it has historically been the most effective lever point to doing so" is blatantly false.

To my knowledge, prior to Obama's presidency Congress has never routinely held the full faith and credit of the United States hostage.

From 2001 to 2013 the debt ceiling has been raised 14 times, 7 times under GWB and 7 so far under Obama. Of course under Bush at least in the first couple of years of his presidency we were in fact paying down the debt so there was no need. Bush ran up the credit card and scuttled the economy. It isn't so surprising debt limit increases have been more numerous under Obama. As well the amount, usually calculated in time, of each increase has been significantly less than under GWB.

[PatrynXX]

3. out of control spending again

yeah when we are at zero spending he'll still say that smh

Sorry because we have such low spending , we have an OUT OF CONTROL deficit

[onehandle]

4. Why does anyone pay attention to this Cuban-Canadian?

Especially in Texas?

Who knows who this very odd individual's allegiance lies with.

Communist Cuba has a close history with Communist China.

Socialist Canada has a close history with Socialist France.

He appears to be some sort of bizarre liberal ecoterrorist in this photograph.

[IMG][/IMG]

The NSA better be watching this guy closely.

[Pathwalker]

5. Then let's start by cutting your salary to zero, senator.

Works for me.

[1StrongBlackMan]

6. If Ted ...

had a competent entourage:

Ted says ...

“The debt ceiling is the natural lever point to address the out-of-control spending and debt. It has historically been the most effective lever point to doing so.”

Member of entourage:

Psst, Ted ... That would be the budgetary process you're describing. We talked about this and you promised not to say that again.

[BumRushDaShow]

7. Let's see if this stunt destroys McConnell's re-election chances. nt