Speaker Boehner’s Awful Plan To Increase The Debt
Why is Boehner such a wimp? If he would only stand up to liberals just a little bit they might respect him some.
Check it out:
You remember the old Boehner rule right? Any increase in the statutory borrowing limit must be accompanied by spending cuts of equal value.
Well not only has Boehner completely abandoned that principle, but now he is pushing a plan that would do the exact opposite: Boehner now says any increase in the statutory borrowing limit must be accompanied by spending increases! Politico reports:
House Republicans are moving toward introducing a bill that would lift the debt limit until the first quarter of 2015, while patching the Medicare reimbursement rate for nine months and reversing recent changes to some military retirement benefits, according to multiple sources familiar with internal deliberations.