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Reagan practically BEGGED the Dems to raise it...don't forget that little tidbit... He could've just VETOED spending, but that would've hurt his re-election chances and 'legacy', though...couldn't have that!
Oh, so Reagan couldn't use the veto after 1982 then...?
OK, TaxFree...in order to "not default" on the debt the solution is to...go FURTHER INTO DEBT? How stupid are you?
Pure BS... BTW, why does Reagan get credit for #1 but not the blame for #'s 2 & 3?
At the beginning of the Bush presidency, the United States debt limit was $5.95 trillion. Despite promises that he would pay off the debt in 10 years, Bush increased the debt to $9.815 trillion by the end of his term, with plenty of help from the four Republicans currently holding Congressional leadership positions: Speaker John Boehner, House Majority Leader Eric Cantor, Senate Minority Leader Mitch McConnell, and Senate Minority Whip Jon Kyl. http://thinkprogress.org/politics/2011/04/14/158424/republi can-leaders-debt-limit-hypocrisy/
the Senate must pass this legislation before the Congress adjourns. http://www.usnews.com/opinion/blogs/Peter-Fenn/2011/05/19/r eagan-explains-why-raising-the-debt-ceiling-is-necessary “Ronald Reagan was a strong conservative. But Ronald Reagan said that there were important times for compromise for the good of the country,” Maryland Democratic Rep. Chris Van Hollen said. “The debt ceiling was raised 17 times when Ronald Reagan was president, and as Alan Simpson — former Sen. Simpson said — that when push came to shove, Reagan agreed 11 times to packages that included revenue for the good of the country, for the good of compromise.” http://dailycaller.com/2011/07/16/in-debate-over-debt-limit -democrats-ask-what-reagan-would-do/
Reagan and the debt ceiling In a letter to then-Majority Leader Howard Baker on November 16, 1983, President Reagan asked “for your help and support, and that of your colleagues, in the passage of an increase in the limit on the public debt.” [See a slide show of 6 ways to raise the debt ceiling.] Reagan went on: …the United states could be forced to default on its obligations for the first time in its history. This country now possesses the strongest credit in the world. The full consequence of a default--or even the serious prospect of default--by the United States are impossible to predict and awesome to contemplate….The risks, the costs, the disruptions, and the incalculable damage lead me to but one conclusion:
I wonder how successful Reagan's campaign would've been had his platform been: 1. Increase taxes 2. Increase federal spending 3. Massively increase the Nat'l Debt
If Paul Ryan is the best "limited govt. advocate" that Cons can come up with... Paul Ryan is Another Big Government Neocon: http://www.bcpublicrecord.com/?p=2779
LOL...until then keep supporting the Reagans, Bushes, McCains, and Romneys of the GOP...
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