It has already been made clear to us in Arizona by Sen. Kyl and Rep. Gosar that the GOP feels perfectly justified in misleading the American people by making claims that “are not meant to be factual statements.” And Sen. McConnell and other GOP members are already issuing such statements to confuse us on the issue of the debt ceiling.
You will hear their talking points again and again stating that President Obama will use increasing the debt ceiling to “spend any amount he wants on anything he wants.” Since I’m fairly certain that everyone in Congress knows that ONLY Congress can fund spending and that the debt ceiling in no way covers future spending, but is only to cover spending that has already occurred, I do not consider these statements to be factual. But this does not keep them from repeating this nonsense as though it were true.
By not increasing the debt ceiling (which, by the way, has never met opposition when a Republican president was in power), Congress would cause America to default on the debts that it has already approved.
Now, when an individual puts charges on a credit card and then refuses to pay for it, he/she is considered a deadbeat. And it ruins their credit standing and increases the interest they pay. And that is exactly what happened during the last debt ceiling fight — the U.S. credit rating was lowered and the world began to doubt that America would honor its responsibilities. It made us look like deadbeats.
This false issue will be used to try to force President Obama to make spending cuts to Social Security and Medicare/Medicaid.
Although Social Security does not add one penny to the deficit, the GOP will push for cuts. They have been against these benefits from the very beginning of the programs and they push for cuts to the beneficiaries rather than making the very easy tweaks to the system that would ensure their solvency for decades to come.
By increasing the salary cap on FICA tax so that everyone pays the same percentage of their income, Social Security would never run short. And by allowing Medicare to bargain for quantity discounts on medications, Medicare would save billions of dollars. But Republicans fight to the death against either of these easy fixes. They fight for the rich and for the pharmaceutical companies while pushing for cuts to the beneficiaries who have paid into this system for their whole lives.
Don’t be misled, check the facts.