Friday, February 25, 2011

Tackling debt the responsible way

A seemingly 'simple' lesson from the Heritage Foundation asking, "Why shouldn't we raise the debt ceiling?"


We get it, and they know it.  No political power or special interest is so great that they overshadow the threat to our very existence as a nation.  Just ask the responsible legislators of Wisconsin!

Lest we forget, five years ago, a freshman Senator said:  "The fact that we are here today to debate raising America's debt limit is a sign of leadership failure," he said. "It is a sign that the U.S. government can't pay its own bills."  Now that freshman Senator is in the White House asking for the very thing he adamantly opposed.  THAT is leadership failure, sir!

We need not raise the debt limit, but begin tackling the debt by limiting excessive and unnecessary federal spending, including real reforms in entitlement spending, while paying down outside debt obligations with current projected revenue.  Avoid defaulting the responsible way.