Pass The Damn Bill

The stakes for the next budget battle are even greater than the one just completed. If Congress fails to authorize an increase in the debt limit the result could be devastating. History and current Republic statements indicate that many Republics will not vote for an increase without guarantees of drastic spending cuts.

There will be an agreement before the United States defaults. Banks and big business know that default is not an option. Even threats could damage the credit standing of the United States in the world. Business will jerk the leashes of Republics and make sure a bill is passed.

I would like to make a suggestion. Republics should agree to increase the debt limit enough to cover the debts projected for the next three years under the Ryan budget without any policy riders. That's right, for all their huffing, the Ryan plan has significant annual budget deficits for years to come.

Can Republics really destroy the credit of the United States when their own budget plans will require that the debt ceiling be raised significantly?

In three years, the Republics will have time to elect a Republic Senate and a Republic President. Then they can do whatever they want. In the meantime, raise the debt ceiling without bullying and threats so we can tackle other issues. Like the FY12 budget.