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Wednesday, June 29, 2011

postheadericon Broke or balanced â thatâs the choice

U.S. Senate Republican Leader Mitch McConnell made the following remarks on the Senate floor Wednesday in which he contrasted the Democrats’ plan to spend and tax more with  a Republican call to pass a Balanced Budget Amendment:

Over the past several days, the American people have watched a serious debate unfold in Washington about our nation’s debt and about the future of our economy. And for many, that debate has been extremely illuminating. It’s done a lot to clarify where the two major parties stand. Both sides agree that our deficits and our debt are unsustainable. But, beyond that, the differences are stark.

Republicans believe that if you increase spending to the point that you can no longer pay the bills, then you need to find a way to cut costs. Democrats seem to think that if you increase spending to the point that you can no longer pay the bills, you need to find other p! eople to pick up the tab.

This is the fundamental difference between the two parties in this debate: Republicans think that Democrats should be held accountable for the way they’ve mismanaged the national checkbook over the past two years, and Democrats seem to think taxpayers should take the hit.

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