"In January 2009, just before President Obama took office," explained Teresa Trich, "the budget office projected a $1.2 trillion deficit for 2009 and deficits in subsequent years, based on continuing Mr. Bush's policies and the effects of recession. Mr. Obama's policies in 2009 and 2010, including the stimulus package, added to the deficits in those years but are largely temporary."
So when Speaker Boehner speaks of "the largest spending binge in American history," he's hiding who's responsible. The Obama administration has added a comparative fraction to the National Debt, almost all by necessity. Also due to recession, tax revenues are way down.
These are indisputable facts. GOP cultists, however, occupy a metaphysical netherworld where anything in the New York Times is false by definition, scorning arithmetic as an elitist tool. Much of the public simply doesn't know what to think; the Obama White House has been perversely reluctant to tell them.
Boehner's assertion that "the president wanted a blank check six months ago, and he wants a blank check today" is simply a lie.
See, Congress has already authorized Social Security, Medicare and Medicaid; it's sent armies to Afghanistan and Iraq, authorized bond issues, built federal prisons, created the Department of Homeland Security, etc.
A budget default would give the White House unprecedented, arguably illegal power to pick and choose which laws it would obey. Then there's the 14th Amendment, stating that "the validity of the public debt of the United States, authorized by law ... shall not be questioned."
Hence the president would be on solid grounds, constitutional scholars argue, simply to raise the National Debt limit by executive order and dare Congress to do something about it. Sure, right-wing cultists would go even crazier, screaming about tyranny and threatening impeachment.
I'd like to see them try..............