Politics

George Will on Dem debt ceiling alarm tactics: ‘Apocalypse’ card has been overplayed

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Jeff Poor
Media Reporter

Conservative columnist George Will downplayed the alarm over the seemingly gridlocked debt ceiling negotiations Sunday, saying the political impasse was a natural part of America’s two-party system

“This is politics,” Will said on ABC’s “This Week.” “We have two parties for a reason. They have different views of the proper scope and purpose of government. The Democrats are here with their own litmus test which is we’re here to defend the current entitlement structure as it exists forever. Republicans who won the last election are here to say we did not win the last election for anything other than to shrink the government. They want to shrink both the deficit, debt and the government at the same time.” (Boehner says ambitious $4 trillion debt deal isn’t happening)

The White House and Democrats in Congress have warned of “apocalyptic consequences” if a deal to raise the debt ceiling is not struck by Aug. 2. Will said the American people might be becoming desensitized to such dire warnings.

“And part of the problem is — I think the American people are suffering apocalypse fatigue,” Will continued.  “They’ve been told over the last 40 years they are going to die from nuclear winter, global cooling, global warming and they hear now that this is Armageddon. I don’t think they believe it.”

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  • jonathan galt

    - Starting in 2013, the bill adds an additional 0.9% to the 2.9% Medicare tax for singles who earn more than $200,000 and couples making more than $250,000.

    - For first time, the bill also applies Medicare’s 2.9% payroll tax rate to investment income, including dividends, interest income and capital gains. Added to the 0.9% payroll surcharge, that means a 3.8-percentage point tax hike on “the rich.” Oh, and these new taxes aren’t indexed for inflation, so many middle-class families will soon be considered rich and pay the surcharge as their incomes rise past $250,000 due to tax-bracket creep. Remember how the Alternative Minimum Tax was supposed to apply only to a handful of millionaires?

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    Associated Press

    House Speaker John Boehner

    Taxpayer cost over 10 years: $210 billion.

    - Also starting in 2013 is a 2.3% excise tax on medical device manufacturers and importers. That’s estimated to raise $20 billion.

    - Already underway this year is the new annual fee on “branded” drug makers and importers, which will raise $27 billion.

    - Another $15.2 billion will come from raising the floor on allowable medical deductions to 10% of adjusted gross income from 7.5%.

    - Starting in 2018, the bill imposes a whopping 40% “excise tax” on high-cost health insurance plans. Though it only applies to two years in the 2010-2019 window of ObamaCare’s original budget score, this tax would still raise $32 billion—and much more in future years.

    - And don’t forget a new annual fee on health insurance providers starting in 2014 and estimated to raise $60 billion. This tax, like many others on this list, will be passed along to consumers in higher health-care costs.

    There are numerous other new taxes in the bill, all adding up to some $438 billion in new revenue over 10 years. But even that is understated because by 2019 the annual revenue increase is nearly $90 billion, or $900 billion in the 10 years after that. Yet Mr. Obama wants to add another $1 trillion in new taxes on top of this.

  • barnone

    Please pass the tin foil. /

  • derkrieger

    Although the Left and Right have radically different views on the role of the federal government, only the Right’s views are Constitutional. Most, if not all, of the Left’s agenda is extra-constitutional if not outright unconstitutional. we need to be far more aggressive in ensuring we have a truly limited government or else end up as slaves.

  • teapartypatriot

    George Will on Dem debt ceiling alarm tactics: ‘Apocalypse’ card has been overplayed

    Great – so now the lunatic-left d-cRAT socialists will bring out their patented “THE RACE CARD™” once again for this issue.

    If it’s not FEAR-and-SMEAR, it’s RACE – that’s all they’ve got.

  • loudog

    It’s not an apocalypse, just extortion to do only what the Right wants or take the country down in default. Overplaying their hand, as usual. We’ll see how much the country appreciates it next cycle.

    • Ocarter

      Elections have consequences loud dog(sound familiar?) This is whats called a libturd sandwich now take a big bite. :-)
      loud dog<—barking up the wrong tree…again

    • designerrant

      Oh, please. We all know it’s Obama who wants to take the country down. Through spending trillions and appeasing our enemies and turning our friends against us, he has been working on it for 2 1/2 years.

  • centexan

    Will is right. We flat don’t believe anything coming out of DC that can’t be verified. And having the IMF chief coming out and supporting The Big 0′s position is yet another strike against it. She should realize that most of us here don’t really give a flip what Europe thinks.

  • clw

    Well he’s right about THAT. I don’t listen to politicians anymore. I look at their records. Obama had NO record, which is why I didn’t vote for him.

    The U.S. will not come to an abrupt end if we don’t increase the debt ceiling for the 80th time since 1940.

    They have kicked the can down the road long enough. Things are at crisis proportions. THIS is the day that we’ve been dreading all along; the day when our elected officials have to be more than wimps and do the tough work they were sent there to do, not to maintain the status quo.

    The first side to actually DO the tough work, ironically, will be the side that gets the credit for actually being able to face a problem head-on! It’s called credibility. WE can all see the writing on the wall; that they SPEND more than they take in, and continually tax us even more to make up the difference.

    They’ve been made aware that we’re not going to take anymore, so they need to do a balanced budget amendment; what close to 70% of Americans have demanded (including 55% of Democrats)!

    Poll: 65% of Americans Support Balanced Budget Amendment
    “‘A Sachs/Mason Dixon poll …has found that ’65 percent of the public supports’ a balanced budget amendment, ‘with 27 percent opposed, [and] 8 percent undecided.’ By party affiliation, that breaks down as ’81 percent of Republicans, 68 percent of independents and 45 percent of Democrats’.”

    http://reason.com/blog/2011/05/27/poll-65-of-americans-support-b

    • clw

      oops …45% of Democrats (figures).

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  • rino.watch

    It is a good day when Will makes sense.