Latest from The Spokesman-Review
WASHINGTON — More tough talk from Rep. Cathy McMorris Rodgers today.
The House Republican Conference chairwoman disputed any suggestion the GOP was engaging in irresponsible threats by acknowledging its willingness to shut down the government over federal spending policies. Instead, she said it’s President Barack Obama’s position that should be seen as troubling.
“He said it would be irresponsible and absurd to shut down,” McMorris Rodgers said in a phone interview. “I would say that it’s irresponsible and absurd for the president to want another blank check.”
McMorris Rodgers hinted over the weekend a shutdown might be needed to force Obama to consider cuts to federal programs. She said Tuesday no one in Washington wants to see that happen, but “we need to get serious about cutting spending, and the president says we don't have a spending problem.”
The congresswoman said she hadn't seen the president's news conference Monday, in which he said he would not permit House Republicans to charge a “ransom” in refusing to raise debt ceiling in an attempt to address spending cuts.
But McMorris Rodgers, who represents Spokane and much of Eastern Washington, said the time has come to address America's mounting debt.
“What got us to this point is too much spending by both parties,” McMorris Rodgers said. “But especially in recent years we've seen record deficits, and we need to be rolling back Obama's spending increases.”
The Treasury Department reported a federal deficit of $1.1 trillion in fiscal 2012, the fourth straight year with a deficit higher than $1 trillion. However, the deficit shrunk $207 billion, or roughly 16 percent, from the year prior, thanks in part to higher corporate tax receipts and decreased spending as a share of GDP.
Idaho's junior U.S. senator lashed out Saturday against President Barack Obama's handling of the current national debt crisis, saying nothing should be off the table when it comes to spending cuts. Sen. Jim Risch's comments came during a lunchtime speech to fellow Republicans attending a state party meeting in Moscow. “This is a really difficult message I'm delivering here,” said Risch, prefacing his remarks. “It's not a fun message to deliver, but I really don't feel I'd be telling you the truth if I didn't lay the cards on the table.” He said the United States is creating about $4.5 billion of new debt each day and borrows 40 cents for every dollar it spends. “The entire budget of the state of Idaho is $2.5 billion,” he said. “That is 12 hours of new debt for the federal government”/Holly Bowen, Moscow-Pullman Daily News. More here. (Moscow-Pullman Daily News photo: Dean Hare)
Question: Do you think the national debt situation is the most serious issue facing the U.S. today?
The National Debt Clock rolled over to 13 trillion and it’s still going. If you enjoy feeling overwhelmed just click here and watch that baby go. According to this site my taxpayer portion is $117,983.
- National Debt
Good morning, Netizens…
Ah, the federal debt. David Horsey shows a lifelike rendition of what it must feel like to be our ostensible founder and guardian, Uncle Sam, sitting beneath the incredible weight of our national debt. He makes a point of bringing former President Bill Clinton into the argument, while totally ignoring both former President Bushes, who perhaps bear a considerable responsibility for our having such a debt on our backs.
The unspoken question, left untouched by David Horsey, is how much does such a huge debt have on our personal lives?
In an aside, is there any truth to the Internet rumor that some morning we will awake and most of our country will be owned by the Chinese or Japanese? For that matter, might the South Koreans even have dibs on most of our infrastructure?
I remember the history of television sets older than my granddaughters. Hallicrafters, RCA Victor and Sylvania to name just a few of the names of old TV’s and radios back when. They worked like workhorses, had tubes you could replace and still are in use in some backwoods areas of the country even today. Modern kids want Eurasian equipment, such as Aiwa, Sony, Panasonic and the list is long. If they die, you throw them into the nearest landfill and start over.
Before someone rises up to remind me how little our national purchasing habits have to do with our National Debt, our government is spending money we do not have, just as some Americans are spending more than they possess.
That debt is overwhelming. Of course, your opinions may differ.