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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: J_F_Shepard who wrote (745308)10/9/2013 2:59:08 PM
From: Bill1 Recommendation

Recommended By
TideGlider

  Read Replies (1) | Respond to of 1570693
 
Joey, reading comprehension is not your strong suit.

"The rules of the country are you go through the doors of an emergency room, you get treated, and somebody else picks up that bill."
- Kathleen Sebelius, 10/7/13, on the Daily Show



To: J_F_Shepard who wrote (745308)10/9/2013 3:49:34 PM
From: puborectalis  Read Replies (3) | Respond to of 1570693
 
A crack appeared Wednesday morning in the conservatives' united front against President Barack Obama in the budget-and-borrowing crisis of 2013. Michael Needham, CEO of the powerful group Heritage Action, said that he opposed conditioning a crucial vote to increase the government's borrowing authority on the group's main goal: defunding Obamacare.

Under questioning at a breakfast with reporters, hosted by the Christian Science Monitor, Needham, a product of the Stanford Business School, conceded that failure to raise the debt ceiling would indeed disrupt the global economy.

"I'm sure the markets will react negatively," he said, even if, as he suggested was possible, the Treasury could "prioritize" interest payments to foreign bondholders.

Rather than try to hold the debt ceiling vote hostage to the defunding of Obamacare, he said, the better "tactical" course for Heritage and other key foes of the administration is to continue to focus on annual spending -- and on allowing the full opening of government only if Obamacare is dismantled.

"No, we should raise the debt limit," he said, though he added that he would oppose an increase that extends until after the 2014 election, which is Obama's preferred outcome.

But with regards to the government shutdown, Needham insisted that his group would continue to oppose any continuing resolution -- no matter how short in duration -- that did not defund the health care law.

"My tactic is to focus on the CR," he said.

Matt Kibbe, the president and CEO of the influential conservative group FreedomWorks, also said in a Wednesday interview with The Huffington Post that the debt ceiling should be raised in order to keep the Obamacare fight focused on the continuing resolution.

"This is an emerging set of opinions that looks to be where everybody's gravitating to," he said.