The Debt Limit/Default Debate
To mention “debt limit” on air is to ask the audience to flee, so not much air time is given to the debate underway in D.C. on whether the Congress should pass a law to allow the United States to borrow even more than it has during the record spending orgy of the past four years of the Pelosi-Reid Congress.
“But we already spent the money” Democrats are saying. “We have to borrow more or we will default.”
Newly elected Senator Pat Toomey of Pennsylvania provides a complete answer to this argument in today’s Wall Street Journal, and in a way that allows the D.C. GOP to actually win the messaging war.
There is plenty of tax money with which to pay the debt. The question is: Will Senate Democrats work with their Senate GOP colleagues and the House GOP majority to make sure the debt is serviced and spending cut?
Kent Conrad and Joe Lieberman are both getting out of the Senate. Both see the handwriting on the wall. The huge political shift against the growth of government is still building int he land. Other Democrats like the two nelsons –Ben in Nebraska and Bill in Florida– must know their time in office is running out and their defeats almost certain unless the federal government is cut back, and agencies like the EPA controlled. Big government liberals like Sherrod Brown of Ohio and Bob Casey in Pennsylvania are also going to get caught in the tide that swept so many Democrats out of office ten weeks ago unless the public is persuaded they were heard. Indeed the shift could keep growing as Americans of all ages and backgrounds demand a government that lives within the massive means already provided.
Senator Toomey is so right to keep the focus on the size of the government, not the terms of the debate which Democrats have used for years. Let’s hope more and more of his colleagues figure out how to do this and thus how to win these battles in the next nine months.