Thursday, August 11, 2011

Boehner: If Ryan's Medicare-ending budget had passed Congress, there wouldn't have been a downgrade

The Hill:
House Speaker John Boehner (R-Ohio) blamed President Obama and the Democrats Tuesday for the recent downgrading of the U.S. credit rating, saying that if Democrats had joined with Republicans in passing the GOP budget, which the House passed in April, "it's unlikely anyone would be talking about the United States being downgraded today."

Okay, there are two ways to look at this.

First, Boehner is saying that he'd rather kill Medicare than have our bond rating drop from AAA to AA+. That's a seriously fucked up position to take. If the choice was between Medicare but a AA+ rating and no Medicare but a AAA rating, the vast majority of Americans would choose Medicare and AA+ every single time.

Second, this is the same John Boehner who claimed victory in the debt limit deal, saying he got "98 percent" of what he wanted. We now have a Republican fiscal policy, on the spending side, and on the tax side. He won. We are doing it his way. And we still got the downgrade.

So, however you look at it, Boehner's thinking is seriously screwed up.


Source: http://feeds.dailykos.com/~r/dailykos/index/~3/ejq80Nmu4uA/-Boehner:-If-Ryans-Medicare-ending-budget-had-passed-Congress,-there-wouldnt-have-been-a-downgrade

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