Monday, May 9, 2011

DeMint Urges No Increase in Debt Limit (Taegan Goddard's Political Wire)

Sen. James DeMint (R-SC) writing in the Greenville News:


"Debt increase advocates are misleading the public when they say fiscal
catastrophe will result from a failure to increase the debt ceiling. They are
using scare tactics to keep up their big-borrowing and spending sprees, just
like they did to justify their Wall Street and mortgage bailouts. The Chicken
Little claims that a debt ceiling lapse would mean the nation's creditors will
not be paid are simply not true."


He concludes: "If we choose to surrender to the debt, instead of fighting it,
it will surely lead to our demise."


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