Debt crisis blog 2

As the argument over the debt crisis continues, Americans witness first hand how Washington is broken. President Obama and his democratic allies in congress have continuously resisted any meaningful deficit reduction plan like the Ryan budget. Instead, they have embraced increased government spending and government-intervention into our economy which has hurt this economy. Instead of offering proposals to cut spending, democrats have instead tried and scared seniors, working families, and others who are vulnerable. The republican party was united in supporting Congressman Paul Ryan’s budget, which was the most credible deficit reduction proposal in a while. Now, during a crisis, republicans are proving they are just the lesser of the two evils, but by no means good themselves. Speaker Boehner has proposed a plan that would cut spending less than that of the President. Many of the freshmen congressmen and senators fail to realize the economic challenges of not having an agreement. When Senator John McCain blasted tea party members, he failed to realize that in this situation, there are no innocent by-standers except the American public. In my view, the best compromise would be to pass the Paul Ryan budget, raise the debt ceiling, increase income taxes on the top tax bracket from 35% to 37%, and close the corporate loopholes that ship jobs overseas. Of the current plans on the table, none are good for the country. In the past 3 years, we have faced economic challenges that have hurt millions of people. It is time for congress and the administration to work together by using common sense solutions, but instead we have democrats failing to realize the truth about budgets and economics, and republicans saying one thing and doing little. I truly hope this crisis is resolved in a way in which we get our debt under control and our nation can be more united.