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House Republicans Agree to Vote on Bill to Raise Debt Limit for Three Months: Is Raising the Debt Limit a Good Idea?

AdriHead 2013/01/18 22:00:00
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Though House Republicans say they will not agree to a long-term increase of the debt limit until both chambers of Congress approve, the party did agree to vote favorably on a bill that would raise the debt limit for a short-term time span of three months. A three-month extension would ensure that the federal government won't default on its financial obligations.

Speaker of the House John Boehner reportedly told lawmakers that some members of Congress insist that they don't get paid until a long-term budget is passed. Do you think raising the debt limit in a more long-term way is a good idea? Or does the government need to come up with something else before it's too late?

USATODAY.COM reports:
House Republicans said Friday they intend to extend the nation's borrowing authority for three months.
john boehner

Read More: http://www.usatoday.com/story/news/politics/2013/0...

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  • I Piss Off Liberals 2013/02/03 05:46:05
    No
    I Piss Off Liberals
    Not at all. That will just make politicians lazier and procrastinate until they debt is almost to the limit again.
  • Dave 007 2013/01/27 12:54:49
    No
    Dave 007
    Stop spending. Don't send money over-seas. Don't pay a goverment secretary $75,000 etc.
  • tjohn6763 2013/01/27 11:33:59
    No
    tjohn6763
    +1
    Unless we want to go bankrupt like Greece
  • Mj PINKYFINGERDOWN 2013/01/25 00:50:57
  • Carlo 2013/01/24 16:01:07 (edited)
    Yes
    Carlo
    Especially when you have absolutely nothing else you can do. Politically
  • PeggyHawkins 2013/01/24 14:46:35
    No
    PeggyHawkins
    there is no reason to keep enabling the enabler to feed his sickness of OCD,obsessive compulsive disorder of spending.You must use tough love and say no.
  • jule-sy 2013/01/24 05:12:43
    No
    jule-sy
    what? Of course it is never a good idea,
  • cc 2013/01/24 02:00:07
    No
    cc
    Congress sucks. They have allowed our President to pretty much write his own checks and send money anywhere he pleases.

    STOP SPENDING MONEY!!! Pakistan, Syria, .....and everyone else can just make it on thier own too without our bribe money.
  • Constitution Believer 2013/01/24 00:02:14
  • syl 2013/01/23 22:10:54
    No
    syl
    If you had a credit card with $16 trillion in debt, & interest alone was rising at $45,000 per second, would you think it made any sense to just raise the credit line?
    Unfortunately, that's what people are used to.
    When it's our country, you'd think that they would stop the insane spending, make them balance the budget!!

    Obama added 130,000 federal workers which cost $10 billion!!!!!!!!!!!

    How is that even possible? I heard it on the news yesterday! How can they possibly get paid that much money?

    It must be to more of his friends, probably Muslim Brotherhood.
  • The Elitist Libtard SodaJerk 2013/01/23 19:43:49
    No
    The Elitist Libtard SodaJerk
  • Surfcaster 2013/01/23 19:16:29
    No
    Surfcaster
    Hell No!
  • PBUTTERBOY77 2013/01/23 19:05:12
  • Todd The Libertarian 2013/01/23 17:50:31
    Yes
    Todd The Libertarian
    +1
    Of course mor voted no,the tea wackos wish to crash the world economy.
  • Constit... Todd Th... 2013/01/24 00:04:35
  • Todd Th... Constit... 2013/01/24 16:11:52
    Todd The Libertarian
    lol Have you not noticed that only homeschooled hill jacks want to crash the economy?
  • cc Todd Th... 2013/01/24 02:01:26
    cc
    DEBT = SLAVERY
  • becky obryan 2013/01/23 15:54:40
    No
    becky obryan
    +1
    These guys (and ladies) need to stand up to Obama. He's just a bully and the House has numbers on it's side. C'mon congress, do your job.
  • BEN 2013/01/23 14:46:26
    No
    BEN
    +1
    stop paying all poletitions
  • elvira 2013/01/23 13:39:41
    No
    elvira
    +1
    Similar to a person putting more on a charge card they can't afford to pay off. I say get rid of the debt; then, consider making more bills or not.
  • JT For Political Reform 2013/01/23 12:52:37
    No
    JT For Political Reform
    +1
    All it does is put of the inevitable.
  • Mike 2013/01/23 04:16:17 (edited)
    Yes
    Mike
    +1
    Congress has already spent the money, it has to raise the debt ceiling or default on it's past spending........Congress knew they would have to do it, but political posturing was to be the game before it happened, due to the holidays and the presidential race............ Now they'll have some time to work out ways to cut the spending. So, yes because it had to be done and no if it wouldn't had to be done...
  • Constit... Mike 2013/01/24 00:11:51
  • Mike Constit... 2013/01/24 01:42:30
    Mike
    Umm, Congress really doesn't have any alternative, the bills have to be payed, that's why the deficit was raised. If NOT the government stops and everything from military personal being paid to seniors receiving a SS check won't happen. Resentment towards Obama has nothing to do with paying the nations bills......
  • Bailey C 2013/01/23 03:34:55
    Yes
    Bailey C
    +2
    No serious liberal or conservative economist thinks its a good idea to not raise it. Although I think raising it for only 3mo will not provide the certainty the markets need...
  • BBLEE 2013/01/23 01:44:04
    No
    BBLEE
    +1
    Does anyone, Really believe it will be easier to pay down the debt, Later? after adding to it? If so, no wonder math was my worst subject in school, That makes no sense, to me.
  • copperhead 2013/01/22 22:46:52
    No
    copperhead
    But only to get a more important issue done!
  • Aloria 2013/01/22 22:39:46
    No
    Aloria
    +4
    Their pathetic response IS the problem,we borrow .46 for every dollar we collect in order to just stay afloat,I see a lowering of our credit rating again ,we are playing into the hands of those who have infiltrated America........ kruschev on america
  • Dread M... Aloria 2013/01/23 15:59:09
  • cc Dread M... 2013/01/24 02:04:42
    cc
    I commend you for resisting the urge to read the quote under Obama's picture up there....or any other sensible writings relating to LIBERTY and FREEDOM. You've done well.
    As Lenin would say...you're a great useful idiot.
  • teigan 2013/01/22 21:50:25
    No
    teigan
    +3
    The debt ceiling should not be raised until the senate gets off it's dead ass and pass a budget which they haven't done in 4 years. Shut down the government, no pay for congress or the Obama and Biden until they do the job they are paid to do.
  • Nareen ... teigan 2013/01/23 02:35:22
    Nareen Lake
    +1
    Put the blame where it belongs Telgan....with Dingy Harry Reid. He is responsible for passing one. Obama brought a budget and it was voted down 100% by both parties because it was BAD. Do you want a BAD budget? Thank God Congress has the cojones to vote against bad legislation. So, stay on your a$$s Congress and vote them down!
  • teigan Nareen ... 2013/01/23 03:29:50
    teigan
    Republicans in the house passed budgets, Reid would even bring them up for a vote. Who made Reid the head of the Senate? I think I put the blame exactly where it belongs.
  • 1776gwash 2013/01/22 21:42:34
  • AM 2013/01/22 21:20:59 (edited)
  • 1776gwash AM 2013/01/22 21:51:18
    1776gwash
    +2
    Why do we have to pay interest on something created out of nothing??????? If we create our own money without any debt we would not be having this discussion. See how President Lincoln fought the Civil War and how he did not borrow any money he created and printed United States Notes, he did not borrow a red cent from any banks. "But someone murdered him, I wonder why."

    Remember it is not what you see that controls the country, it is what you don't see.
    Money controls everything, what you think, what you see, what you hear they own it all.

    Soon it will implode it always does and each time it gets worse. Have fun.
  • AM 1776gwash 2013/01/22 22:20:37 (edited)
  • t.eliot, topbard 2013/01/22 20:31:38
    No
    t.eliot, topbard
    A long term extension, like the old days before the GOP obstructionists took over is what we need. They never raised a peep (nor did the Dems) when W asked for the debt ceiling to be raised, it was just a formality. Playing politics with this is a very dangerous game.
  • Barton Funk 2013/01/22 19:23:31
    Yes
    Barton Funk
    +2
    First, we don't have a debt problem. We have a rich people and corporations don't want to pay problem and a no jobs problem. Once people are back to work the debt will go away as they pay their taxes. As well, Social Security has noting to do with the debt, so that is a non-issue that should be separated from the debt talk. And how about these GOP folks not passing spending bills in the first place. They are huge spenders and they want to spend and use the debt ceiling as a way to cut things they don't like.
  • Doc Hol... Barton ... 2013/01/22 20:31:07
    Doc Holiday
    I was going to explain it all to you, but I can see you would not understand.
    Would you consider moving to another country because we do not need anymore of your kind here.
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