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The House passed a measure Thursday that would amount to the rough equivalent of declaring bankruptcy for the United States, directing the government to meet only certain obligations if Congress failed to raise the country's borrowing limit.
Republicans characterized the measure as a responsible step to mitigate the fallout from such a failure, but Democrats slammed it as the "Pay China First Act."
We all heard Boehner say we should pay China first, pay US troops later. Well, here it is.
Debt Limit Bill Passes House, Ordering Obama To Pay Only Some U.S. Creditors On Time
The House passed a measure Thursday that would amount to the rough equivalent of declaring bankruptcy for the United States, directing the government to meet only certain obligations if Congress failed to raise the country's borrowing limit.
Republicans characterized the measure as a responsible step to mitigate the fallout from such a failure, but Democrats slammed it as the "Pay China First Act."
Idiots.
Well, if the Constitution already requires it, why did the GOP waste time passing a new law????We all heard Boehner say we should pay China first, pay US troops later. Well, here it is.
Debt Limit Bill Passes House, Ordering Obama To Pay Only Some U.S. Creditors On Time
The House passed a measure Thursday that would amount to the rough equivalent of declaring bankruptcy for the United States, directing the government to meet only certain obligations if Congress failed to raise the country's borrowing limit.
Republicans characterized the measure as a responsible step to mitigate the fallout from such a failure, but Democrats slammed it as the "Pay China First Act."
Idiots.
What it ACTUALLY says is that our accrued debt MUST be paid ( well the interest anyway) Which is what the Constitution says must be done. But you go ahead and lie about what it says.
Well, if the Constitution already requires it, why did the GOP waste time passing a new law????We all heard Boehner say we should pay China first, pay US troops later. Well, here it is.
Debt Limit Bill Passes House, Ordering Obama To Pay Only Some U.S. Creditors On Time
Idiots.
What it ACTUALLY says is that our accrued debt MUST be paid ( well the interest anyway) Which is what the Constitution says must be done. But you go ahead and lie about what it says.
BTW, that is a rhetorical question. Everything the GOP does is political grandstanding.
well if obama didn't put us in such deep debt we wouldn't have this issue now would weWe all heard Boehner say we should pay China first, pay US troops later. Well, here it is.
Debt Limit Bill Passes House, Ordering Obama To Pay Only Some U.S. Creditors On Time
The House passed a measure Thursday that would amount to the rough equivalent of declaring bankruptcy for the United States, directing the government to meet only certain obligations if Congress failed to raise the country's borrowing limit.
Republicans characterized the measure as a responsible step to mitigate the fallout from such a failure, but Democrats slammed it as the "Pay China First Act."
Idiots.
Well, if the Constitution already requires it, why did the GOP waste time passing a new law????We all heard Boehner say we should pay China first, pay US troops later. Well, here it is.
Debt Limit Bill Passes House, Ordering Obama To Pay Only Some U.S. Creditors On Time
Idiots.
What it ACTUALLY says is that our accrued debt MUST be paid ( well the interest anyway) Which is what the Constitution says must be done. But you go ahead and lie about what it says.
BTW, that is a rhetorical question. Everything the GOP does is political grandstanding.
So you are saying the GOP passed this law to infringe on the Constitution, as usual.Well, if the Constitution already requires it, why did the GOP waste time passing a new law????What it ACTUALLY says is that our accrued debt MUST be paid ( well the interest anyway) Which is what the Constitution says must be done. But you go ahead and lie about what it says.
BTW, that is a rhetorical question. Everything the GOP does is political grandstanding.
idk? but if the constitution guaranties that the right to bear arms shall not be infringed, why do democrats keep trying to pass laws that infringe them?
Well, if the Constitution already requires it, why did the GOP waste time passing a new law????What it ACTUALLY says is that our accrued debt MUST be paid ( well the interest anyway) Which is what the Constitution says must be done. But you go ahead and lie about what it says.
BTW, that is a rhetorical question. Everything the GOP does is political grandstanding.
And why did Boehner very clearly state that American military just isn't all that important to the BObP?
Oh wait - Could it possibly be because its true?
We all heard Boehner say we should pay China first, pay US troops later. Well, here it is.
Debt Limit Bill Passes House, Ordering Obama To Pay Only Some U.S. Creditors On Time
The House passed a measure Thursday that would amount to the rough equivalent of declaring bankruptcy for the United States, directing the government to meet only certain obligations if Congress failed to raise the country's borrowing limit.
Republicans characterized the measure as a responsible step to mitigate the fallout from such a failure, but Democrats slammed it as the "Pay China First Act."
Idiots.
What it ACTUALLY says is that our accrued debt MUST be paid ( well the interest anyway) Which is what the Constitution says must be done. But you go ahead and lie about what it says.
We all heard Boehner say we should pay China first, pay US troops later. Well, here it is.
Debt Limit Bill Passes House, Ordering Obama To Pay Only Some U.S. Creditors On Time
Idiots.The House passed a measure Thursday that would amount to the rough equivalent of declaring bankruptcy for the United States, directing the government to meet only certain obligations if Congress failed to raise the country's borrowing limit.
Republicans characterized the measure as a responsible step to mitigate the fallout from such a failure, but Democrats slammed it as the "Pay China First Act."
We all heard Boehner say we should pay China first, pay US troops later. Well, here it is.
Debt Limit Bill Passes House, Ordering Obama To Pay Only Some U.S. Creditors On Time
Idiots.
What it ACTUALLY says is that our accrued debt MUST be paid ( well the interest anyway) Which is what the Constitution says must be done. But you go ahead and lie about what it says.
Default is default. Arranging the priority order of your creditors don't provide relief from the obligation.
What it ACTUALLY says is that our accrued debt MUST be paid ( well the interest anyway) Which is what the Constitution says must be done. But you go ahead and lie about what it says.
Default is default. Arranging the priority order of your creditors don't provide relief from the obligation.
Not borrowing more money is not defaulting on anything other than not borrowing more money.
Default is default. Arranging the priority order of your creditors don't provide relief from the obligation.
Not borrowing more money is not defaulting on anything other than not borrowing more money.
If you have a car loan and a mortgage, choosing to pay your mortgage instead of the car loan doesn't get rid of your liability.
No it doesn't. The spending Congress has already passed is still on the books and to the extent they have a cause of action, the beneficiaries of those programs still have a legally enforceable right to the funds, independent of whatever shell games you try to play.
