By Brandon Moseley
Alabama Political Reporter
Most everyone in Washington wants to raise the debt ceiling yet again even though the national debt is rapidly approaching $17 trillion. On Thursday, Congressman Mo Brooks (R) from Huntsville appeared on the CNBC show Closing Bell with hosts Maria Bartiromo and Bill Griffeth to discuss his views on the current debt ceiling debate.
Congressman Brooks said, โItโs not whether we have enough money to pay our creditors. Itโs whether or not the President of the United States will violate the 14th Amendment to the United States Constitution and not pay our lawful debts. Itโs where the President of the United States is not going to allocate out of that $2.5 trillion revenue in our annual basis, the hundreds of billions of dollars it takes to pay interest on the debt. Thatโs the issue.โ
Rep. Brooks said, I want to hear something from the President that indicates heโs going to be financially responsible.โ
Representative Brooks said, โTo be financially responsible, when we raise the debt ceiling, we have to address the cause of the problem. The cause of the problem are these out of control deficits. We need to either cut spending in association with raising the debt ceiling, or pass a Balanced Budget Constitutional Amendment that long term will prevent us from having to debate this crisis again.โ
Republicans have submitted long term budget plans to the White House that show a balanced budget many years from now. In the entire time that President Obama has been in the White House, his budget office has never submitted any plan showing that if implemented the budget would ever balance.
Instead of slowing spending (most of it on runaway entitlement programs) the administration has simply repeatedly asked Congress to repeatedly increase the debt ceiling. The debt is approaching $17 trillion and instead of addressing the ballooning costs of SSI, Medicaid, Medicare, Social Security, unemployment, food stamps, etc the administration is rolling out itโs costly new healthcare reform plan, commonly called โObamacare.โ with no plan to pay for it through existing revenues.
Congressman Mo Brooks represents Alabamaโs Fifth Congressional District and is in his second term in the U.S. Congress.
