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The Ohio Liberty Council
By Mitch McConnell
The simplest way to view the debt ceiling debate in Washington is as a struggle over the kind of government we want. If you want a government that runs everything from the student loan business to car companies, then taxes will have to go up. If you think government is too big already and should start to pull back, then Washington has to change its ways — fast.
This is the message I have brought to the White Housefor more than two years in an effort to persuade President Obama to rein in a government that has lost all sense of limits. This is also why, when those discussions failed to bear fruit, I had hoped an approaching limit to the president’s borrowing power would cause him to think again.
Unfortunately, it was wishful thinking. As it turned out, the president is simply too committed to big government Continue reading McConnell: If Obama stiff-arms us, we’ll go to the people
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Four Big Lies in Debt Limit Debate
There is no August 2 deadline.
I know; it’s hard to believe. All we’ve heard for months is economic catastrophe will befall us if the debt ceiling isn’t raised by Tuesday.
But where did that date come from? It was plucked out of thin air by Treasury Secretary Timothy Geithner. It has no basis in fact, in law or in any accounting data anyone can present. The big spenders in Washington simply picked a date at random with which to frighten the American public.
Even Geithner admits that “technically” the government ran out of money two months ago. He says he used “extraordinary measures” and “accounting maneuvers” to delay the crisis as long as possible. But if he could do it for eight weeks, why not nine? Or 10?
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