The Latest ‘If We Don’t Raise the Debt Ceiling’ Scare Tactic
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**Written by Doug Powers
Harry Reid has decided to ratchet up the scare tactics a notch. We’ve already been told that if the debt ceiling isn’t raised and taxes increased, government checks might not go out, but now the schools will close:

To fall for these scare tactics you have to believe that refusal to raise the debt ceiling means that the government will suddenly stop taking in revenue, which obviously isn’t true (you’ll notice that at no point have Dems tried to frighten Americans by telling them that if the debt ceiling isn’t raised there won’t be enough money to fund the IRS — but on second thought maybe that should be the Republican talking point).
Once again, courtesy of the Examiner’s Mark Tapscott, here are the hard numbers, in monthly amounts, for anyone foolish enough to buy into Democrat scare tactics:
Federal revenue: $200 billion per month
Interest on the national debt: $29 billion
Social Security: $49.2 billion
Medicare and Medicaid: $50 billion
Active duty military pay: $2.9 billion
Veterans affairs programs: $2.9 billion
Education funding: $11 billion
All of that core spending adds up to $145 billion, which means that in the event of a debt limit, the government can pay it all and still have $55 billion a month left over.
Note also that this Tweet absolutely confirms Harry Reid is a liar, rather than simply an idiot, since he has previously insisted that Social Security “is in great shape for many decades… Today it is not a problem.”
Call the bluff, Republicans!
As August 2nd approaches, Democrats will be sweating like John Kerry during a luxury tax audit. Not because they fear default, but because they know a Y2K moment for the general population is approaching — that morning when everyone wakes up, looks around, realizes the world didn’t end and exclaims, “that’s what we were freaked out about?”
**Written by Doug Powers
Twitter @ThePowersThatBe
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Update from MM: This calls for my favorite kiddie human shield graphic…
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Categories: Barack Obama, Politics








