Progressive Caucus- because they can do better with your money, tax you more while theydo not pay their taxes and funnels millions of your tax dollars to their husbands bank.
First, and via Politifact.com: We would be remiss if we failed to note that Obama opposed one of those increases to the debtceiling under George W. Bush and criticized Bush for a lack of leadership.
“The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills,” Obama said before a March 16, 2006, vote on raising the debt limit. The Senate narrowly approved raising the limit along partisan lines, 52-48, with all Democrats opposed.
A new bipartisan bill put forth by Obama/Reid/Boehner will be voted on today, Monday August 1, 2011 in order to raise the debt ceiling by $2.4 TRILLION. In order to do so, however Obama and the Democrats will have to cut spending and receive zero increased taxes in the process.
75+ of the “Progressive Democrats”-AKA Socialist Faction of the Democrats in the HOUSE are outright saying they will NOT vote for the BIPARTISAN bill, along with the Democrat BLACK CAUCUS and then “Progressive Democrats” in the SENATE; so, where is that article CNN, ABC, CBS or MSNBC?
And CNN/MSNBC/ABC/CBS wonder why their ratings are in the tank!
But soon before the House vote, leaders of the Congressional Progressive Caucus (CPC) indicated they would not lend their support to the bill.
Rep. Keith Ellison (D-Minn.), co-chair of the CPC, said the bill was “the wrong approach for our economy” and “goes against our basic values.”
“We and many of our members of the Progressive Caucus will be voting no,” Ellison said.
Co-chair Rep. Raul Grijalva (D-Ariz.) added, “We feel that this is not a compromise and as such we will stand in opposition to it.”
I find it ironic how the Tea Party is villified because they ran on and were swept into office in 2010 on the “NO NEW TAXES” and “LESS GOVERNMENT SPENDNG and CONTROL” platform.
I also find it ironic that several of the individuals in the “Progressive Democrat Caucus”-AKA Socialist Faction of the Democrat party have been busted for failing to pay their taxes and shoving MILLIONS of stimulus money to their husbands bank in California. Ironically, husbands bank lost big in the housing market crash that she, Maxine Waters caused by LYING about Fannie and Freddie being “sound”.
Let’s take a look at what the Democrats have done since seizing control of Congress from 2007-2011 and the Presidency from 2009-2012:
The Democrat argument about short term debt limit hikes hurting the economy is nothing but Obama BS. Counting this increase in the debt limit the Democrats will have raised the debt limit 6 times since in January of 2008.
Since Obama took office January 2009- the Democrats have raised the debt ceiling by $2.979 TRILLION (does not include interest)
Democrats took over Congress in 2007- 2011: and from June 2008 – January 1, 2009 they raised it by $1.55 TRILLION (does not included interest)
So under the Democrat Controlled Congress since June 2008, they have raised the debt ceiling by $4.479 TRILLION and are demanding another $2.7 TRILLION (does not include interest) to make it a total of $6.879 TRILLION
Jun 05, 2008 – debt limit raised by 800 Billion;
Oct 03, 2008 – debt limit raised by 700 Billion;
Feb 17, 2009 – debt limit raised by 789 Billion;
Dec 24, 2009 – debt limit raised by 290 Billion;
Feb 12, 2010 – debt limit raised by 1.9 Trillion;
Aug 02, 2011 – they want to raise debt limit by 2.4 -2.7 Trillion
There is a reason WHY the TEA PARTY made HUGE waves in 2010 and will do so again in 2012: See the increase in debt in 2.5 yrs by $4.5 TRILLION and $7 TRILLION in 4 years by the time Obama and the Democrats make it to the 2012 election. This also does NOT include the huge waste of Obamacare!
AsPeggy Noonan stated about Obama in the Washington Post:”So he is losing a battle in which he had superior forces—the presidency, the U.S. Senate. In the process he revealed that his foes have given him too much mystique. He is not a devil, an alien, a socialist. He is a loser. And this is America, where nobody loves a loser.”