Economic Terrorism Is No Way To Run A Country

The last time the GOP played political games with the debt limit, economic growth slowed in our nation, and citizens and businesses alike faced increased borrowing costs.

thom-hartmannRepublicans are already plotting their next opportunity to take our nation hostage.  At his weekly press conference, John Boehner said the GOP will refuse to raise the debt ceiling in May, if the president doesn’t agree to more spending cuts.  President Obama already agreed to cuts in the fiscal cliff deal totaling $1.5 trillion over the next decade.  And the sequester will cut an additional $1.2 trillion over that same period.  But, that’s not enough for Republicans.

The last time the GOP played political games with the debt limit, economic growth slowed in our nation, and citizens and businesses alike faced increased borrowing costs, but that doesn’t concern the Speaker of the House.  According to Boehner, Republicans plan to wage economic terrorism again, unless the President agrees to cut spending dollar-for-dollar with the debt ceiling increase.

So, unless Obama is willing to further devastate our economy with Republican austerity, John Boehner and House Republicans won’t let him pay the bills that they racked up.  The debt ceiling does not authorize more spending.  It only allows the President to pay for spending that the House has already approved.

This is simply economic terrorism… and it’s no way to run a government.  Call John Boehner’s office and tell him to stop playing political games with our economy.

Thom Hartmann
Thom Hartmann is a progressive nationally and internationally syndicated talkshow host (also simulcast as TV in 40 million homes by Dish Network/Free Speech TV), and New York Times bestselling, four-time Project Censored winning author of 24 books in print in 17 languages on five continents. Follow Thom on Twitter @Thom_Hartmann
  • greghead32

    you stink

Click here for: Wednesday, October 22

● Court affirms cap-and-trade pollution plan

● Court lifts immigration bar to Brazilian chefs

● Physician aide draws 15-year term for fraud

● Where ideologues get the news

● FCC targets political robocalls

● San Francisco’s landlord tax is rebuked

LISTEN: The Day Ahead – October 21, 2014

The Day Ahead Logo

The last chance to catch Halley’s Comet for the next 47 years, the U.N. Security talks piracy in Somalia and Jimmy Choo lists on the London Stock Exchange.

LISTEN: The World in 2:00 – October 21, 2014

The World in 2:00 continents logo

London orders surveillance flights over Syria and Qatar earns a spot on the U.N.’s Human Rights Council.

UN in Brief: Calm & Conflict for October 21, 2014

UN Daily Brief Square

New aid deliveries arrive in West Africa, but the U.N.’s Ebola relief fund remains only 5% funded, and 15 countries win seats on the Human Rights Council.

NC Senate Race: Tillis To Appear Solo At Candidate Forum

Democratic Sen. Kay Hagan declined to appear at the event.

U.S. Olympic Committee CEO: Time Is Right For U.S. To Host

The United States should host another Olympic Games, as long as it makes economic sense, according to the US Olympic Committee CEO.