It’s that time of year again… Time to raise America’s debt ceiling.
Now that Washington has passed trillions of dollars of new spending bills, it’s time to decide whether to pay for those items.
To figure out which side of this debate you should be on, ask yourself: Who exactly runs Washington these days?
A Barack Obama-controlled White House and a Harry Reid-controlled Senate tip the scales in favor of the Democrats.
So, if you are a Republican, you should definitely be against increasing the debt ceiling.
To help simplify this, just remember: If you are a Republican, the only time that you are “for” raising the debt ceiling is when a Republican majority is running Washington.
To put it another way, when Democrats are running Washington, debt ceiling increases are bad. And when Republicans are running Washington, debt ceiling increases are good.
For example: From 2000-2006, when Republicans were running the White House, the Senate, and the House… This would have been a perfect time for Republicans to be “for” increasing the debt ceiling.
And during this time period, the Republicans raised the debt ceiling no less than four times.
In June 2002, Republicans raised the debt ceiling to $6.4 trillion… (great!)
In May 2003, Republicans raised the debt ceiling to $7.384 trillion… (excellent!)
In November 2004, Republicans raised the debt ceiling to $8.184 trillion… (wonderful!)
In March 2006, Republicans raised the debt ceiling to $8.965 trillion… (fantastic!)
In fact, here’s a video showing a slew of Republicans talking about the importance of raising the debt ceiling…
Of course, it should come as no surprise that while the Republicans were busy shoving the debt ceiling ever higher, many Democrats were voting against those “evil” debt ceiling increases.
Here’s a brief video showing both then-Senator Barack Obama and Senator Harry Reid voting against the Republican-led debt ceiling increase in March 2006.
Sadly, the Democratic calls for “fiscal responsibilty” were completely ignored by the spendthrift Republicans.
Later, in September 2007, the debt ceiling was raised to $9.815 trillion… (this one was good!)
Then in July 2008, the debt ceiling increased to $10.615 trillion… (excellent!)
Finally, in October 2008, President Bush Jr. signed off on another debt ceiling increase, this time raising it to $11.315 trillion. (we loved this one!)
These were great times for Democrats to be against debt ceiling increases and for Republicans to be for them.
But things suddenly changed for Republicans in 2009. With Bush Jr. gone and a Democratically-controlled White House, Senate, and House, it was definitely time for a shift in the Republican attitude toward the debt ceiling.
In February 2009, just one month after he was sworn into office, President Obama signed off on an increase in the debt ceiling of $12.104 trillion… (terrible!)
Later that same year, in December, the Obama and Co. approved an increase in the debt ceiling up to $12.394 trillion… (financial insanity!)
Then, in February 2010, Mr. Obama and the Congress approved a hike in the debt ceiling up to $14.294 trillion… (completely unacceptable!)
And now, in our post-fiscal cliff era, Washington and their lapdog media are rushing headlong into our next fiscal crisis. Namely, will Washington choose to raise the debt ceiling again to prevent financial calamity?
It’s a real nail biter, this one is…
Remember, Democrats currently control Washington.
Republicans, you know what to do.