2016 Postmortem
Related: About this forumJohn McCain: GOP Will Destroy America’s Solvency Unless Entitlements Are Cut Drastically
By Josh Israel posted from ThinkProgress Economy on Jan 1, 2013 at 10:20 am
In an interview Monday, Sen. John McCain (R-AZ) confirmed that Congressional Republicans plan again to use the upcoming debt limit to hold the nation hostage to their demands for massive cuts to Medicare and Social Security. His comments echoed earlier remarks by Sen. Lindsay Graham (R-SC) and anti-government activist Grover Norquist.
Raising the debt ceiling does not mean spending more money it merely allows the administration to take out the necessary debt to pay for the spending already authorized by Congress and the interest on the debt that has already been approved by Congresses past. While the nation reached the current debt limit yesterday, the Department of the Treasury is using accounting measures to keep the government from default for the next couple of months.
But McCain told CNN that Republicans would again block legislation to keep the nation from defaulting on its obligations, unless they can force major cuts to vital entitlement programs even though doing so would be highly unpopular:
WOLF BLITZER (HOST): Are you going to use the raising of the debt ceiling in February or March, Senator McCain, as leverage to get what you want from the president?
McCAIN: I think theres gonna be a whole new field of battle [laughs] when the debt ceiling rolls around. Most of us have pledged that were gonna have to before we vote again to address the debt ceiling even though it may be at great political cost weve got to address spending, and that means entitlements. Weve got to sit down together and get us back on a path look, we just added, what was it, $2.1 trillion in the last increase in the debt ceiling, and spending continues to go up. I think theres gonna be a pretty big showdown the next time around when we go to the debt [limit].
Watch the video:
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http://thinkprogress.org/economy/2013/01/01/1381771/john-mccain-gop-will-destroy-americas-solvency-unless-entitlements-cut-drastically/
Rosco T.
(6,496 posts)Willfully plotting to destroy the government's financial status?
Frustratedlady
(16,254 posts)where the majority of that debt came from and who was president at the time.
They are so good at building the debt and then screaming that the Dems haven't paid the bills.
dixiegrrrrl
(60,010 posts)He needs to go away...I don't care how, but he needs to go away very soon.
aandegoons
(473 posts)Now it's time to bring in the drones.
smorkingapple
(827 posts)rocktivity
(44,555 posts)And Now They Want To INCREASE The Entitlements THEY'VE Been Getting
rocktivity
Wellstone ruled
(34,661 posts)are just treasonous duffus's. They don't give a tinkers damn about the working class folks. This guy has never had to do a days work in his whole life. If it wasn't for his father he would have faced a Court Marshall and the Brig for his stupidity aboard his Carrier. BTW,does he know which house to go home to,doubt it,got to check with the Lindsey. What a hypocrite!!!
julian09
(1,435 posts)question everything
(47,271 posts)Yes, all due respect for his tormented days in Vietnam but still, he moved from the military to politics, never having to worry about retirements or living from paycheck to paycheck.
atreides1
(16,046 posts)Just a little history...Benedict Arnold served this country with honor, until he felt he was slighted...and then he betrayed America out of spite and for personal gain.
Something that Johnny boy seems to doing now...the only difference is that he's not selling us out to another country, he's just selling us out...and it's for nothing more then political gain for him and his girlfriend Lindsey.
AAO
(3,300 posts)And I've never been a hater. I think I may be snapping.
KaryninMiami
(3,073 posts)His desperation for relevance is beyond put if control and he really seems to be getting worse every time he opens his mouth. Just wish he would go away already.
MichiganVote
(21,086 posts)kimbutgar
(20,882 posts)That has a large senior population who voted for him. Mcslime the poor loser should resign. Him and his boyfriend Lindsey should both quit. I see little Lindsey has become ms tea bagger so he can get re-elected. I so wish someone would out him big time.
Amonester
(11,541 posts)14th Amendment et al.
How lower will mc$ame sink?
politicasista
(14,128 posts)Last edited Wed Jan 2, 2013, 07:19 PM - Edit history (1)
Thanks for allowing our own to be smeared by you and your party's head games.