Mitt Romney against the debt deal

Mitt Romney against the debt deal - Maggie Haberman - POLITICO.com

Mitt Romney issues his most explicit statement today on any form of debt-ceiling deal:

“As president, my plan would have produced a budget that was cut, capped and balanced – not one that opens the door to higher taxes and puts defense cuts on the table. President Obama’s leadership failure has pushed the economy to the brink at the eleventh hour and 59th minute. While I appreciate the extraordinarily difficult situation President Obama’s lack of leadership has placed Republican Members of Congress in, I personally cannot support this deal.”

Mitt Romney made a poor choice by saying we shouldn't raise the debt ceiling. What I find even more amazing is he talks about a budget that is balanced but at the same time doesn't want to put defense cuts on the table. His position puts him on par with Bachmann on this issue.

This is not going to win him over many Conservative voters who don't trust him at all to begin with. What this will do however is draw more support to Huntsman who did support the deal from the moderates who support Romney.


Mitt Romney DID NOT SAY he wouldn't have raised the debt ceiling?--:cuckoo::cuckoo:

What he stated was basically he would have supported the first passed house bill that was called--The cut--cap and balance bill. And of course that bill was to raise the debt ceiling if the bill passed.
 
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Are you really that naive? If it weren't going to result in more debt, why did they just have this massive debate? They could have just said, Oh we wont incur any more debt and we can keep the old ceiling.
So why didn they do that? Ask an adult for help.

Raising the debt ceiling allows us to pay financial obligations already incurred. The fact we can borrow more is just a indirect result of that. However, there is no guarantee we would.

We just had this debate because the GOP manufactured a crisis and then later tried to weasel their way out of it through the Mitch McConnell plan. There was a $4 trillion plan on the table, but they rejected it because it included tax increases. They compromised on absolutely nothing, and got plenty of what they wanted. So instead of getting $4 trillion, and both sides being relatively happy. We got a deal that absolutely nobody is happy with. And we get to do this again in December.

The fact we can borrow more is just a indirect result of that.

Modbert I really can't believe you just posted this. Borrowing more money whenyou already owe money is in fact creating more debt. If it not the intent on barrowing more money why raise thew debt ceiling?

there is no guarantee we would

You're kidding right?
 
I still don't get it. How is making more debt going to get you out of debt?

Except raising the debt ceiling isn't making more debt.
Are you really that naive? If it weren't going to result in more debt, why did they just have this massive debate? They could have just said, Oh we wont incur any more debt and we can keep the old ceiling.
So why didn they do that? Ask an adult for help.
No, but you proved that you are naive.
 
He did not say he wouldn't have raised the debt ceiling. He stated that he would have demanded deeper cuts and a balanced budget IF HE WERE PRESIDENT. Unlike Obama, he would have offered a plan.

Where is Obama's plan on the debt ceiling? Oh that's right, he never had one!! He likes to "lead from behind".... :lol:
 
Are you really that naive? If it weren't going to result in more debt, why did they just have this massive debate? They could have just said, Oh we wont incur any more debt and we can keep the old ceiling.
So why didn they do that? Ask an adult for help.

Raising the debt ceiling allows us to pay financial obligations already incurred. The fact we can borrow more is just a indirect result of that. However, there is no guarantee we would.

We just had this debate because the GOP manufactured a crisis and then later tried to weasel their way out of it through the Mitch McConnell plan. There was a $4 trillion plan on the table, but they rejected it because it included tax increases. They compromised on absolutely nothing, and got plenty of what they wanted. So instead of getting $4 trillion, and both sides being relatively happy. We got a deal that absolutely nobody is happy with. And we get to do this again in December.

If you actually think that you're an idiot. Liek we didnt know that already.
The debt ceiling is raised in order to enable borrowing. It had to be raised because they ran out of borrowing authority, necessary to fund the government's operations.
 
OF THAT THERE IS NO DOUBT.


Figure in unfunded liability and it could be argued the ceiling does increase the debt.,

I just don't see it thast way. When ytou have people use to spending have extra credit is like a drug for the addicted.

We are in agreement, so I am not sure what misunderstanding we have.

Maybe it's the whole issuen "more debt is somehow going to pay off all the old debt".. I'm still confused about the whole thing.
 
Except raising the debt ceiling isn't making more debt.
Are you really that naive? If it weren't going to result in more debt, why did they just have this massive debate? They could have just said, Oh we wont incur any more debt and we can keep the old ceiling.
So why didn they do that? Ask an adult for help.
No, but you proved that you are naive.
I am naive because when the gov't gets authority to borrow more money, and claims they need it because otherwise they wont be able to meet their obligations, that that means the gov't is going to borrow more money?
Are you downright stupid?
 
They needed to raise the debt ceiling to pay for past obligations, right? Why didn't they just cut that (the amount they raised it) and keep the debt ceiling where it was? Of course this would have had to have been done not at the 11th hour.
 
Mitt Romney against the debt deal - Maggie Haberman - POLITICO.com

Mitt Romney issues his most explicit statement today on any form of debt-ceiling deal:

“As president, my plan would have produced a budget that was cut, capped and balanced – not one that opens the door to higher taxes and puts defense cuts on the table. President Obama’s leadership failure has pushed the economy to the brink at the eleventh hour and 59th minute. While I appreciate the extraordinarily difficult situation President Obama’s lack of leadership has placed Republican Members of Congress in, I personally cannot support this deal.”

Mitt Romney made a poor choice by saying we shouldn't raise the debt ceiling. What I find even more amazing is he talks about a budget that is balanced but at the same time doesn't want to put defense cuts on the table. His position puts him on par with Bachmann on this issue.

This is not going to win him over many Conservative voters who don't trust him at all to begin with. What this will do however is draw more support to Huntsman who did support the deal from the moderates who support Romney.

Mitt who?

Oh yeah...Romney....I forgot he was running. He's been quiet on the topic up until now and what do you know...he takes the opposition position because he thinks theres more votes there. Shocking!:lame2:
 
He did not say he wouldn't have raised the debt ceiling. He stated that he would have demanded deeper cuts and a balanced budget IF HE WERE PRESIDENT. Unlike Obama, he would have offered a plan.

Where is Obama's plan on the debt ceiling? Oh that's right, he never had one!! He likes to "lead from behind".... :lol:

He says he would have somehow gotten a balanced budget without touching defense or raising taxes whatsoever. Would have loved to see that budget.
 
I also like how Romney decided to not comment on this issue until the 11th hour. Guess he was busy trying to figure out how to get the most votes out of his comments.
 
You're kidding right?

If Congress on both sides actually made sacrifices and compromises, then we could have done something significant with these talks.

Unfortunately the Democrats would not lay anything like a credible plan--hell, any plan, on the table. All they could do was sit there and gripe they wouldn't cut this or that.
You cannot negotiate with that.
Yes, an opportunity to change fundamentally the way gov't functions presented itself. But Obama and the Democrats killed it.
 
I also like how Romney decided to not comment on this issue until the 11th hour. Guess he was busy trying to figure out how to get the most votes out of his comments.

Either that or he was seeing what was actually in the bill, rather than going off half cocked like a Democrat would.
 
Unfortunately the Democrats would not lay anything like a credible plan--hell, any plan, on the table. All they could do was sit there and gripe they wouldn't cut this or that.
You cannot negotiate with that.
Yes, an opportunity to change fundamentally the way gov't functions presented itself. But Obama and the Democrats killed it.

Except President Obama and Harry Reid were both open to reform for Medicare, Medicaid, and they even offered up changes to Social Security on the table. They also offered up cuts in education. The GOP wouldn't touch defense, didn't want to cut subsidies, close tax loopholes, or raise taxes. Can you name one thing the GOP was willing to compromise on that they were in a position to sacrifice in the first place?
 
Unfortunately the Democrats would not lay anything like a credible plan--hell, any plan, on the table. All they could do was sit there and gripe they wouldn't cut this or that.
You cannot negotiate with that.
Yes, an opportunity to change fundamentally the way gov't functions presented itself. But Obama and the Democrats killed it.

Except President Obama and Harry Reid were both open to reform for Medicare, Medicaid, and they even offered up changes to Social Security on the table. The GOP wouldn't touch defense, didn't want to cut subsidies, close tax loopholes, or raise taxes. Can you name one thing the GOP was willing to compromise on that they were in a position to sacrifice in the first place?

Let's start with: Can you name any actual plan that Reid or Obama presented to anyone?
"Changes to Social Security" can mean "20 years down the road we'll raise eligibility to 62.5 from 62."
 
Let's start with: Can you name any actual plan that Reid or Obama presented to anyone?
"Changes to Social Security" can mean "20 years down the road we'll raise eligibility to 62.5 from 62."

Why should I bother to answer your question when you don't answer mine?

I'll ask again:

Can you name one thing the GOP was willing to compromise on that they were in a position to sacrifice in the first place?
 
Unfortunately the Democrats would not lay anything like a credible plan--hell, any plan, on the table. All they could do was sit there and gripe they wouldn't cut this or that.
You cannot negotiate with that.
Yes, an opportunity to change fundamentally the way gov't functions presented itself. But Obama and the Democrats killed it.

Except President Obama and Harry Reid were both open to reform for Medicare, Medicaid, and they even offered up changes to Social Security on the table. They also offered up cuts in education. The GOP wouldn't touch defense, didn't want to cut subsidies, close tax loopholes, or raise taxes. Can you name one thing the GOP was willing to compromise on that they were in a position to sacrifice in the first place?

Well you're incorrect again--Republicans do not have problems with closing loopholes to obtain new revenue.

In fact we can start with General Electric--Obama's favorite- and whom the CEO of General electric is Obama's job czar---who made 18.4 BILLION dollars last year and didn't pay a penny in federal tax on it. That along with Ethanol subsidies--farming subsidies--oil subsidies--etc.--most republicans and especially tea party members would be on board for. BUT--raising taxes on the general public is NOT on the table--and that's exactly what Obama wanted and didn't get. Obama just wanted to hammer the over 250k crowd--and he certainly didn't get that.
 
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[ Well you're incorrect again--Republicans do not have problems with closing loopholes to obtain new revenue.

In fact we can start with General Electric--Obama's favorite--who made 18.4 BILLION dollars last year and didn't pay a penny in federal tax on it. That along with Ethanol subsidies--farming subsidies--oil subsidies--etc.--most republicans and especially tea party members would be on board for. BUT--raising taxes on the general public is NOT on the table--and that's exactly what Obama wanted and didn't get. He wanted to hammer the over 250k crowd.

Yes they do have a problem with closing tax loopholes. Also, if the GOP was so willing to get rid of subsidies, why didn't they go along with the Democrats recently?
 

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