Running On Empty

Actually, we’re running beyond empty now. The United States can’t legally borrow any more money until Congress acts to raise the debt ceiling.

US government hits debt ceiling, lighting 11-week fuse

Treasury Secretary Timothy Geithner informed Congress on Monday that the United States has reached its legal debt limit, setting off a ticking time bomb that could explode in less than three months if lawmakers can’t bridge differences and allow more government borrowing.

In hitting the $14.3 trillion debt ceiling – the limit on how much the government can borrow – the Obama administration on Monday began temporarily halting payments to the retirement and federal pension accounts of federal workers and started borrowing from those funds, to be restored later.

Geithner sent a letter to Senate Majority Leader Harry Reid, D-Nev., warning that the government can move money around for about 11 weeks but if a new debt ceiling isn’t agreed to by Aug. 2, the U.S. government could effectively default on its obligations to its creditors. He warned of “catastrophic economic consequences for citizens” unless Congress raises the debt ceiling.

An increase of about $2 trillion is expected, enough to get the issue past the 2012 elections before Congress would have to lift it again.

Republicans who control the House of Representatives vow to link raising the debt ceiling to cuts in government spending of at least equal measure. In a combative statement Monday, House Speaker John Boehner, R-Ohio, upped the ante.

“As I have said numerous times, there will be no debt limit increase without serious budget reforms and significant spending cuts, cuts that are greater than any increase in the debt limit.” Boehner has called previously for $2 trillion in spending cuts as part of any deal to raise the debt ceiling.

See also:
US hits $14 trillion debt limit
US Hits Debt Ceiling, But Treasury Market Rules Out Default For Now
Deja Vu, But No Disaster: U.S. Government Hits Debt Ceiling
U.S. Hits Debt Limit, Sky Doesn’t Fall
U.S. hit debt limit today
Treasury Tapping Federal Retirement Accounts to Stave Off Default
Turbo Tim Raids Pension Plans
With Debt Limit Maxed Out, Lawmakers Hold Firm On Remedy
Rep. Jordan: U.S. won’t default if debt ceiling isn’t raised
U.S. National Debt Clock

Well, we hit the debt ceiling and, despite all the Democrat Chicken Little hysteria, the Sun didn’t explode, the seas didn’t boil, and the markets didn’t plunge thousands of points. Go figure.

/all I can say is that the Republicans had better stand firm and hold their ground this time and hold out for concrete, verifiable spending cuts that at least equal the amount of any debt limit increase

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A Line In The Sand?

Does he mean it this time or will he cave to the out of control spending Democrats yet again?

Boehner says ‘trillions’ in cuts loom on debt vote

The top Republican in Congress wants trillions of dollars in spending cuts as part of must-pass legislation permitting the government to continue to borrow to fund its operations and meet obligations to investors.

House Speaker John Boehner, in a speech prepared for delivery Monday night, says it would be irresponsible to raise the so-called debt limit beyond its $14.3 trillion cap without a major effort to curb the spiraling deficit. He says the cuts should be larger than the amount of the permitted increase in the debt.

See also:
John Boehner’s tough talk on debt limit: a departure from history
Wonkbook: Boehner’s debt-ceiling demands
Boehner: Spending cuts should be greater than debt limit increase
Boehner really isn’t asking for that much to raise debt ceiling
Wall Street Takes Boehner Debt-Limit Speech In Stride
Speaker Boehner: Tax hikes are ‘off the table’
Speaker Boehner: Tax Hikes Are ‘Off The Table’
Republicans Rule Out Tax Increases in Battle With Democrats Over Debt Cap
John Boehner’s debt pitch has risks for GOP
Boehner’s debt-limit speech: Reactions from the Hill
Democrats and Republicans Spar Over US Debt Ceiling
Boehner reiterates GOP’s ransom demands
Obama aide: Boehner shouldn’t hold debt limit ‘hostage’ to spending cuts

So, have Boehner and the Republicans finally grown a spine? They talk the talk, but can they walk the walk? They’re on the right side of fiscal reality and American public opinion in this all the marbles battle for the country’s very economic survival. The stakes for our future literally couldn’t be any higher.

/hopefully, they won’t chicken out again, the last time they promised to stand their ground on spending cuts, it ended in a humiliating disaster for Republicans

These Are Not The Drones You Seek

Mission creep, what mission creep? Who are you going to believe, Robert Gates and Obama or your own lying eyes? Why, exactly, are we in Libya again?

U.S. will deploy Predators in Libya

President Barack Obama has given U.S. forces the go-ahead to use armed Predator drones in Libya after forces loyal to Libyan leader Muammar Qadhafi changed their tactics in the fighting there, Defense Secretary Robert Gates announced Thursday.

“It’s an evolving situation. We saw an opportunity here and recommended it to the president. He took it,” Gates told reporters at a Pentagon briefing.

However, Gates said the use of the drones did not indicate that the U.S. was being sucked back into a military campaign that Obama has promised will be handled chiefly by other NATO countries and allied forces.

“This is a very limited addition on our part, but it does provide some additional capabilities to NATO,” Gates said. “I don’t think there’s mission creep at all….The primary strike role has been turned over to our allies, our friends.”

Now remember boys and girls, providing “additional capabilities to NATO” is not, I repeat, IS NOT mission creep. Um, it’s been at least a couple months now, whatever happened to “days, not weeks”?

See also:
U.S. begins using Predator drones in Libya
U.S. Launches Drone Strikes in Libya
Obama authorizes Predator drone strikes in Libya
US deploys armed drones over Libya
Obama Approves Use of Predator Drones in Libya
U.S. Sends Predators to Strike Qaddafi Troops Fighting Rebels
Libya: US sends armed drones to shield rebels
Pentagon: Robot War Over Libya Begins in 3, 2, 1 …
US begins using armed drones in Libya
U.S. introduces armed Predator drones in Libya

Of course, the U.N. resolution we’re operating under only authorizes humanitarian efforts, so I’m sure these armed Predator drones will only be used to deliver food to civilians and stuff like that.

The Council stressed the need to intensify efforts to find a solution to the crisis that responded to the legitimate demands of the Libyan people, noting actions being taken on the diplomatic front in that regard. It further demanded that Libyan authorities comply with their obligations under international law and take all measures to protect civilians and meet their basic needs and to ensure the rapid and unimpeded passage of humanitarian assistance.

In that connection, the Council specified that the flight ban would not apply to flights that had as their sole purpose humanitarian aid, the evacuation of foreign nationals, enforcing the ban or other purposes “deemed necessary for the benefit of the Libyan people”.

I don’t know, what supposedly started out as a limited “kinetic military action” sure as hell seems to have blossomed over the weeks into the United States and NATO openly taking sides in a Libyan civil war.

/how is that not mission creep?