The Republicans in Congress have succeeded in shutting down the Federal Government, having learned nothing from the shutdown of the Federal Government under Bill Clinton or the jitters of Wall Street from the summer of 2011.
The shutdown is not about Obamacare so much as it is about the debt ceiling; the ability of our government to pay it’s bills on time and in full goes to the heart of our strength as a nation. What the Republicans in Congress have done is to place at serious risk the trust and credibility of the United States to pay our debts. In fact, the Republicans have gone so far as to say “we’re willing to allow the United States to default on our debts, effectively ending the status of the dollar as the world’s reserve currency.”
The debt ceiling authorization simply allows our nation to pay bills already incurred. It does not control spending. The delay in funding Obamacare for a year is a ruse to make the AHCA an issue in the coming midterms but with a terrible risk that the full faith and trust of our country is on the line. Just the threat of withholding the debt ceiling authorization is as damaging to our nation as actually defaulting. If you are a fiscal conservative, time to tell the Republicans to put the pin back in the grenande. The rest of the world may no longer allow the dollar to remain the global reserve currency if this debate continues for any amount of time.
If the debt ceiling can be held hostage to the implementation of ObamaCare, what else can either party use authorization approval for? What about taxes? Defense spending? Abortion? Education? Gay Marriage?
No president should negotiate on the debt-ceiling authorization. The Republicans in Congress are flat out wrong. My conservative friends on Facebook are calling for civil war and complete default with no regard to what can happen. But they have to know their heroes of Ted Cruz, Marco Rubio and Mike Lee are screwing with the full faith and credit of our country and in doing so, they are screwing with the future of the America they love.