The president dissembled, talking again (he repeated this at least three times by my count) about how Congress had authorized all the spending and how we must now "pay our bills." But as Garrett noted, the president had a different view of the debt ceiling when he was an Illinois senator and voted against raising it. In 2006, he said, "The fact that we are here today to debate raising America's debt limit is a sign of leadership failure." Except when he's the leader, then it's someone else's failure.
In 2003, during another debate over raising the debt ceiling, Sen. Max Baucus, D-MT, said, "The federal debt is like the family credit card. Sooner or later you have to pay down the debts that you have already incurred. If you don't, your credit rating will suffer. The way the government raises the debt limit is also like a family who just keeps calling the bank every time they hit the credit limit and asks the bank over and over again for an increase in their credit limit without regard to anything else. Rather than pay down their debt, they just keep on asking for a higher debt limit."
Many other Senate Democrats, including Senators Harry Reid, D-NV, and John Kerry, D-MA, shared Baucus' concerns, but that was during the George W. Bush administration.
The president says he will reduce debt with a "balanced approach," by which he means offsetting higher taxes on the wealthy with spending cuts, which will never materialize. It won't work. Whatever tax revenue government manages to save, Congress will always find a way to spend it.
The president has submitted a budget to Congress for each fiscal year he's been in office, not always on time, in violation of the law, and never without spurring contentious debate in Congress. That's a staggering repudiation of his leadership.
President Obama will not negotiate about raising the debt ceiling? Not surprising. Imperial leaders don't negotiate.
Cal Thomas is co-author (with Bob Beckel) of the book, "Common Ground: How to Stop the Partisan War That is Destroying America".
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