Only In Washington Does "Raise The Debt Ceiling" Mean "Paying The Bills"
White House Press Secretary Jay Carney thinks Congress ought to “pay it’s bills” by raising the debt ceiling:
“There are only two options to deal with the debt limit: Congress can pay its bills, or it can fail to act and put the nation into default,” White House press secretary Jay Carney said in a statement. “Congress needs to do its job.”
It’s nice that the White House seems to be finally acknowledging that they do, in fact, have to work with Congress on this issue (let’s be happy the “trillion dollar coin” idea is finally off the table), but since when is clearing the way for more debt creation “paying the bills”?
Shouldn’t we be honest about what it really is? We’re not paying bills. We’re spending more than we can afford, and delaying the paying of bills so that our children and grandchildren can carry the burden.
If we really wanted to pay the bills, we’d raise taxes on every American enormously to close our $1 trillion+ annual budget deficit. But, you see, we don’t really want to pay for all the government we get. We want to have lots and lots of government, and have someone else pay for it.
Like, you know, our kids and grandkids.
What a shameful era we live in.