Paul Ryan: 'We are not solving the country's problems; we are only adding to them'
"We are not solving the country's problems; we are only adding to them," he said.
Congressman Ryan couldn't be more accurate: with just 6 legislative days for Congress to act to protect the full faith and credit of the United States, House Republicans are rudderless, consumed by chaos and hurtling America towards another manufactured crisis. Instead of taking the threat of an imminent, catastrophic default off the table, Republicans have wasted time on extremist grandstanding and are gearing up to skip town without a plan.
POLITICO: House Republicans scramble for debt ceiling plan
Congress has a debt-ceiling problem again. A big one.
House GOP leaders initially planned to vote on a red-meat proposal Friday pitched by the Republican Study Committee to increase the debt ceiling while imposing new limits on executive-branch power.
That measure stood no chance of passing the Senate…
Boehner, McCarthy and other GOP leaders are refusing at this point to move ahead with a "clean" debt ceiling bill…
The Atlantic: Congress Dances With Default—Again
…as is so often the case with the debt limit, the task is proving more difficult than it seemed. Nearly five years into their House majority, most Republicans still cannot stomach the thought of voting to raise the debt limit without significant concessions…
The simplest way to handle it—as Democrats and moderate Republicans frequently point out—is for Boehner to bring up a clean bill…
Washington Post: House debt limit plans up in the air
House Republicans are still searching for a plan for raising the debt limit now that a proposal pushed by conservatives does not appear to have enough support and is unlikely to receive a vote this week…
…McCarthy added: "We'll have to wait and see."
…Time is running short to avoid a government default…
Washington Examiner: GOP looking for Plan B on debt ceiling
House Republicans have dropped plans to vote this week on a conditional debt ceiling hike, leaving in limbo any feasible plan to raise the nation's borrowing limit by a Nov. 3 deadline…
With just days left until the Treasury runs out of funds, Republicans are now scrambling to come up with another bill that can increase the borrowing limit with at least some bipartisan support…
House Minority Leader Nancy Pelosi, D-Calif., said she was alarmed by the last-minute scrambling on a bill to raise the debt ceiling, which she said is needed to pay the nation's bills and expenses that Congress has already approved.
"The Constitution says the full faith and credit of the United States should never be in doubt," Pelosi said. "But Republicans are placing it in doubt. It's pretty drastic."
Today, 190 House Democrats sent a letter to Speaker Boehner calling for a clean bill to avert this needless crisis and honor the full faith and credit of the United States immediately. As the 190 House Democrats wrote:
"We categorically reject the view that it would be acceptable for America to default if unrelated demands are not met. As you will recall, when this irresponsible tactic was employed in 2011, it cost the American taxpayer $19 billion in higher interest costs. "
House Republicans have taken an important first step: admitting that they're doing unnecessary harm to the economy and to the financial security of American families. The next step is for the GOP to join Democrats to fully honor the full faith and credit of the United States.