published Tuesday, August 2nd, 2011

Alexander, Corker to vote for debt deal

Sen. Lamar Alexander, R-Tenn., talks on Capitol Hill in Washington in this 2009 AP file photo by Alex Brandon.
Sen. Lamar Alexander, R-Tenn., talks on Capitol Hill in Washington in this 2009 AP file photo by Alex Brandon.
  • photo
    In this file photo, Sen. Bob Corker, R-Tenn., speaks during a news conference on the debt ceiling on Capitol Hill in Washington. (AP)

The U.S. Senate’s No. 3 Republican, Lamar Alexander of Tennessee, plans to support the Budget Control Act, saying, “finally, Washington is taking some responsibility for years of spending money we don’t have.”

“At a time when the federal government is borrowing 40 cents of every dollar it spends, this is a welcome change in behavior that I am glad to support,” he said. “Make no mistake. This is a change in behavior — from spend, spend, spend to cut, cut, cut.”

Alexander said that “for every dollar we are raising the debt ceiling, we are reducing spending by a dollar — not adding to it. This reduction in spending is about $2.4 trillion over 10 years.”

The bill, which passed the U.S. House on Monday, is scheduled to come up for a vote on the Senate floor today. U.S. Sen. Bob Corker, R-Tenn., has already announced plans to vote for it.

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rolando said...

Sen Alexander said, "“Make no mistake. This is a change in behavior — from spend, spend, spend to cut, cut, cut. . . .for every dollar we are raising the debt ceiling, we are reducing spending by a dollar — not adding to it. This reduction in spending is about $2.4 trillion over 10 years.”

If that statement is true, why was the debt limit raised? Reduce the spending first, then add the new spending...up to the current limit.

Yet the ceiling was raised $7 Trillion as I understand it. So Alexander will vote to spend that $7 Trillion just to save $2.4 Trillion.

Make no mistake -- our Congress and our President will certainly spend all of that $7 Trillion and then some...to buy votes, no doubt.

As a measure of the world's confidence in the US economy, gold today reached a new high at $1,640 per ounce.

You, Senators Alexander and Corker have just earned your loss of a job.

If they are IN, they are OUT come Nov 2012.

August 2, 2011 at 12:30 p.m.
TorchFire said...

The sooner these two are expunged from their seats of power the better. They are not the PEOPLE. They are the ESTABLISHMENT and they don't give a damn about you or yours. Open up your eyes Tennesseans. Your are being scammed. We are a smart, God fearing state and I can't for the life of me understand why there is so much deception. These miscreants are simply following the orders of the system that steadily robs us of our God given rights. The "debt deal" is nothing nut a honey trap. More for them and less for us.

August 2, 2011 at 1:40 p.m.
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