RAISE NATIONAL DEBT CEILING FOR REPUBLICAN
PRESIDENTS-YES
DEMOCRAT
PRESIDENTS-NO
In 2012
Republicans tried to convince voters the sky was falling because the national
debt was at $16 trillion and blamed the liberal, big government, tax and spend
president Obama. 62,611,250 American voters in November 2012 rejected
the Republican propaganda and voted to return President Obama to the White
House for another 4 years.
Facts about the
national debt:
$11.3 trillion—the
national debt when the last Republican president left the White House in 2009
18—the number
of times Republican president Ronald Reagan requested and the national debt
ceiling was raised—more times than any president in history.
9—the number
of times Republican presidents Nixon and G.H.W Bush requested and the national
debt ceiling was raised—for the second most number of times in history.
300%---the
percentage Republican president Ronald Reagan increased the national debt—the largest
percentage increase of any president in history. (Had President Obama raised
the national debt 300% it would be at $33.9 trillion not $16 trillion.)
100%---the
percentage Republican president G. W. Bush increased the national debt—the
second largest percentage of any president in history. (Had President Obama
raised the national debt 100% it would be at $22.6 trillion not $16 trillion.)
34---the number
of times the national debt ceiling was raised in the 20 years Republicans
occupied the White House from 1981-2009. (Reagan 18 times, G.H.W Bush 9 times
and G.W Bush 7 times.)
$4 trillion to
$6 trillion the amount G.W Bush added to the national debt—cost of the wars in Iraq
and Afghanistan .
Republican
president G.W Bush added millions of dollars to the national debt when he gave
the largest tax cut in history to the wealthiest 1% of Americans
The last
Republican president who balanced the budget—Dwight Eisenhower 1953-1961.
The last
Democrat president who balanced the budget—Bill Clinton 1993-2001
When President
Obama was sworn as president in 2009 the debt ceiling had been raised 86 times
since Eisenhower was president usually without debate and without threat of
government shutdown.
The national
debt has grown at a SLOWER RATE since Obama became president than under any
president since Eisenhower, and in January 2013 there was a budget SURPLUS of
$2.88 billion
President Obama
submitted a 2014 comprehensive budget plan to congress offering to simplify the
tax code, reduce spending and cut the national debt in a balanced way.
When congress
returns from its summer recess it must vote on whether or not to raise the
national debt ceiling. If the national
debt ceiling is not raised government will shut down.
In 1995 the
government was shut down for 28 days after President Clinton vetoed the
spending bill of the Republican controlled Congress. A 2010 Congressional Research Service report
states the government shutdown adversely impacted all sectors of the U.S.
economy.
Three Republican
freshmen U.S. Senators, Rand Paul, Ted Cruz, Marco Rubio who have been in
Washington an average of 1.9 years promise to vote against raising the national
debt ceiling unless President Obama cancels Obamacare. The “shutdown trio” are frequently in the news
doing the thing Republican presidential candidates do, visiting Iowa
and other states with early presidential primaries. The “shutdown trio” apparently believe the way to obtain the Republican presidential
nomination in 2016 is to vote against raising the national debt ceiling and
shut down government.
Other Republicans
have stated their objections to “shutting down government” in this way:
“I think it is the
dumbest idea I’ve ever heard.” Senator
Richard Burr of North Carolina
“Shutting down
the government is not in the best interest of the American people and makes you
look politically irresponsible.”
Congressman Tom Cole of Oklahoma
“How many weeks
would you go without paying Social Security and how many weeks would you go
without paying the troops?” Congressman
Aaron Shock of Illinois
“It is a good
way for Republicans to lose the House and could destroy the party.” Senator Tom Coburn of Oklahoma .
“We’ve been down that road. We shut down the government and we got our
butts kicked over shutting down the government.” Senator Saxby Chambliss of Georgia .
“Republicans advocating a government shutdown are a suicide
caucus.” Peter Wehner White House aide
to the last three Republican presidents.
Hopefully Congress will act in the best interest of the American people
when this important matter comes up for a vote in the next few weeks.
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