Debt Ceiling Compromise Will Hurt America

Liberals Should Be Happy

The debt ceiling compromise means the liberal left  won and America loses.  There are no cuts.  Barack Obama can keep spending like a mad hatter.  There are tax increases and defense is the big loser.  Liberals should be happy this is a dream come true.

Ezra Klein writes, “Boehner is misleading his members to make them think taxes are impossible under this deal. The Joint Committee could close loopholes and cap tax expenditures. It could impose a value-added tax, or even a tax on carbon.”

There will be tax increases.  The Bush tax cuts will also absolutely expire and not be renewed.  The Deficit Commission will have at least one weak kneed Republican and the commission will only be as strong as its weakest link.

The Democrats will be  happy to force through taxes in the committee.  When the Republicans oppose them,  the democrats will claim the Republicans would rather hurt our soldiers and seniors than raise taxes on “fat cat millionaires.”

The alternative for the Republicans would be seeing massive defense cuts and being blamed for senior citizens seeing their Medicare cut.  House Republican leaders exclaim, “the cuts would not be to beneficiaries.”  While accurate the cuts would be punishing doctors who will respond by denying access to Medicare patients.

Harry Reid and Mitch McConnell wrote John Boehner’s plan (that was in the Washington Post), they now want to go back to a grand compromise that yet again includes a super committee of Congress that can pass tax increases with no way to block the committee.

If they do somehow stop the committee and kill tax increases, then our soldiers in the field would see punitive cuts to the defense budget, and as bad  senior citizens will see cuts to Medicare. In other words, cuts so painful to right and left that both will have to take the committee recommendation.  Taxes will go up and the Democrats will have won.

As bad as all that this debt ceiling bill gives Barack Obama another $2.1 trillion to buy votes and waste.  Don't forget the stimulus plan that hurt the economy with added debt and hurt employment.  The unemployment rate has grown.

Worse still there are no cuts in this bill.  The fake cuts are reducing the growth of government in the future.  The cuts will keep the deficit over the next 10 years to $8.5 trillion.  Except this Congress can't hold future Congress's to their reductions in increases.

America loses.  Obama and the socialist liberals win.  Debt and taxes will increase.  Contact Congress tell them NO.

Comment here and email us at YourVoice@speaknowconservatives.org.


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