Constitutional Principles and the Debt Deal

By: Cliff Kincaid

In justifying the “historic” debt deal, Rep. Jason Smith said Republicans only control one-half of one-third of the federal government. But it was the most important one-half of one-third. The failure by the House to take advantage of its constitutional power may deliver the United States into receivership by the International Monetary Fund as the nation careens toward bankruptcy.

The House is where money bills are supposed to begin.  All bills for raising revenue shall originate in the House of Representatives, the Constitution says.

Smith can find that on the website of his House Ways and Means Committee.

The Constitution also says: The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and…To borrow Money on the credit of the United States.”

In the case of the debt deal, the House had passed a bill and the Senate did nothing with it. That’s not the fault of the House. The House did its constitutional duty.

The House should have stood its ground. Indeed, McCarthy had all the leverage and could have insisted on a reduction in debt as well as:

  • Building the border wall
  • Repeal of the green wasteful “Inflation Reduction Act,” which causes inflation.
  • Repeal of Obamacare.

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Why the Marxists Always Win

By: Cliff Kincaid

“I knew it was a good [debt] deal when I saw the lefties screaming.” With that foolish statement, former Director of the National Economic Council under Trump and current Fox Business host Larry Kudlow demonstrated his ignorance of how Marxists create “conflict” that benefits the expansion of government control over our lives.

Kudlow buys into the notion of “conflict” being proof that his position is the correct one when the conflict is being staged to make people like him fall for the notion that the Marxists have lost the battle. In fact, they have already won the war.

The war, in this case, is more debt, thus expanding government and shrinking the private sector. This is what House Speaker Kevin McCarthy agreed to.

According to Marxists, the essence of economic life is struggle, as conflict develops, and “progress” is made.  Practically speaking, this means the coming of an all-powerful government, known as the communist state. As they see it, we are now in the socialist phase, on the road to communism.

Even with the original Republican proposal, the Republicans had agreed to spend more money and go further into debt. But the McCarthy proposal is even more of a surrender, causing some conservatives under fire from over-taxed constituents to utter peeps of protest.

But these conservatives already voted to make McCarthy the Speaker. They have been played as fools and now have egg all over their faces.

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