[net-gold] UNITED STATES: GOVERNMENT : GOVERNMENT: BUDGETS AND BUDGETING : TAXES AND TAXATION: Debt-ceiling Deal is Bad for Minnesota and America
- From: "David P. Dillard" <jwne@xxxxxxxxxx>
- To: Net-Gold -- Educator Gold <Educator-Gold@xxxxxxxxxxxxxxx>, Educator Gold <Educator-Gold@xxxxxxxxxxxxxxxx>, net-gold@xxxxxxxxxxxxx, Net-Gold <Net-Gold@xxxxxxxxxxxxxxx>, NetGold <netgold@xxxxxxxxxxxxxxx>, Net-Gold <net-gold@xxxxxxxxxxxxxxxx>, K-12ADMINLIFE <K12ADMIN@xxxxxxxxxxxxxxxxxxx>, K12AdminLIFE <K12AdminLIFE@xxxxxxxxxxxxxxx>, MediaMentor <mediamentor@xxxxxxxxxxxxxxx>, Digital Divide Diversity MLS <mls-digitaldivide@xxxxxxxxxxxxxxx>, NetGold <netgold@xxxxxxxxxxxxxxxx>, Net-Platinum <net-platinum@xxxxxxxxxxxxxxx>, Sean Grigsby <myarchives1@xxxxxxxxxxxxxxx>, Net-Gold <NetGold_general@xxxxxxxxxxxxxxxxx>, Temple Gold Discussion Group <TEMPLE-GOLD@xxxxxxxxxxxxxxxxxxx>, Temple University Net-Gold Archive <net-gold@xxxxxxxxxxxxxxxxxxx>, Health Lists -- Health Diet Fitness Recreation Sports Tourism <healthrecsport@xxxxxxxxxxxxxxxx>, Health Diet Fitness Recreation Sports <healthrecsport@xxxxxxxxxxxxxxx>, HEALTH-RECREATION-SPORTS-TOURISM@xxxxxxxxxxxxxxxxxxx
- Date: Mon, 8 Aug 2011 08:03:27 -0400 (EDT)
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UNITED STATES: GOVERNMENT :
GOVERNMENT: BUDGETS AND BUDGETING :
TAXES AND TAXATION:
Debt-ceiling Deal is Bad for Minnesota and America
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Debt-ceiling Deal is Bad for Minnesota and America
By Rep. Betty McCollum
Monday, Aug. 8, 2011
Minn Post.com
http://www.minnpost.com/community_voices/2011/08/08/30601/
debt-ceiling_deal_is_bad_for_minnesota_and_america
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A shorter URL for the above link:
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http://tinyurl.com/43xf6pw
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After months of argument, temper tantrums and harsh rhetoric, Congress
made the monumental decision to pay America's bills generations of debt
obligations. Since 1960, "clean" debt ceiling legislation has been passed
78 times: 49 times under Republican presidents and 29 times under
Democratic presidents. This time, the debate and the decision making
process almost led America into default as the Republican Tea Party
members of Congress gambled with our economy.
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Rep. Betty McCollumIt didn't have to be this way. Congress voted on a
clean debt ceiling increase on May 31, 2011, to prevent this crisis. That
legislation had my support, but it was overwhelmingly defeated by
Republicans and Democrats.
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After weeks of inaction by the House Republican majority to avert default,
I introduced my own bill, the Don't Default on America's Debts and Destroy
America's Job Act (H.R. 2544). This bill would have raised the debt
ceiling while also calling on Congress to cancel its August recess in
order to produce legislation that creates jobs, grows the economy and
reduces long-term budget deficits. Then, on July 30th only days before
the August 2nd default deadline again I voted to increase the debt
ceiling, as well as protect Social Security and Medicare, cut future
deficits by $2.2 trillion, and end funding for the wars in Iraq and
Afghanistan. That measure, Senator Harry Reid's Bipartisan Budget Control
Act was unanimously voted against by the Tea Party Republicans.
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While I supported each of these bills to solve the Republican-manufactured
debt default crisis, I strongly opposed the final agreement. The Budget
Control Act Agreement (S. 365) was the product of an absurd and disturbing
political process, which will most unfortunately become the norm as long
the Tea Party controls the U.S. House and President Barack Obama is in the
White House.
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Economy held hostage
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For the first time ever, one of America's political parties showed itself
willing to throw the nation into default on our debt obligations for the
sake of politics. By holding the U.S. economy hostage to an increase in
the debt ceiling hostage, the Tea Party Republican majority in the U.S.
House of Representatives imperiled millions of jobs, businesses and the
economic well-being all Americans.
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I am not alone in this sentiment. A nonpartisan publication, the National
Journal, declared that America has "entered a new era of government at
gunpoint." I also agreed with Wall Street Journal editors who criticized
the House majority's conduct during this process by saying, "Republicans
are not looking like adults to whom voters can entrust the government."
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The complete article may be read at the URL above.
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Sincerely,
David Dillard
Temple University
(215) 204 - 4584
jwne@xxxxxxxxxx
http://daviddillard.businesscard2.com
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