The case against raising the debt limit (without any strings attached)

Matt K. Lewis Senior Contributor
Font Size:

During a Christian Science Monitor breakfast the other day, Heritage Action CEO Michael Needham reportedly said, “[W]e should raise the debt limit,” adding: “My tactic is to focus on the CR.”

But later, in a statement, Needham seemed to reverse course, saying, “We do not support clean debt ceiling increases, but because Heritage Action is committed to giving House Leadership the flexibility they need to refocus the debate on Obamacare we will not key vote against the reported proposal.” (Bold mine.)

Aside from the confusion, the notion that Republicans should raise the debt ceiling without exacting some concessions goes against years of conservative orthodoxy. That’s because one thing Republicans tend to agree on is that the debt is a problem — and that fixing it will require entitlement reform or spending cuts.

At least 20 times since the Eisenhower Administration, Congress has used the debt limit as an opportunity for policy reforms. This includes the Gramm-Rudman-Hollings reforms, the Balanced Budget Act of 1997, the Congressional Review Act in 1996, and (most recently) the Budget Control Act in 2011.

And until the last 48 hours, conservatives seemed to believe the only way to get Democrats to agree to fix the debt problem would be to utilize the moment of maximum leverage — which is the debt ceiling increase. “That’s the moment when even liberal presidents like Barack Obama know they can’t play chicken,” says one Republican Senate aide.

Let’s get back to Heritage Action’s apparent contradiction. What accounts for it? “They are so interested in vindicating their shutdown strategy, that they’re willing to sacrifice principles the’ve always held,” says the aide. “They’re forcing lawmakers to take a public position that is contrary to what they’ve always believed, but they themselves will not say it publicly.”

“They’re asking us to do something — not unlike what they asked us to do in filibustering a bill to block Obamacare — that goes against what we believe,” the aide continued.

The up side to raising the debt ceiling (without any strings attached) is that removes fears of default, which would presumably calm the markets, and prevent Republicans from being blamed for any catastrophic economic conditions that might occur.

And, of course, it would also allow conservatives to continue to use the government shutdown as leverage for defunding Obamacare.

But this strategy is not without its problems. In fact, it might be playing into the Democrats’ hands. “Obama doesn’t really give a shit how long the government shutdown lasts because it only hurts Republicans, says my source, “but Obama doesn’t want to be the first president in history to preside over a default.”

This position was echoed recently by Charles Krauthammer, who wrote: “The rule is simple: shutdown good, debt ceiling bad. Every day the debt ceiling approaches, President Obama’s leverage diminishes.”

PREMIUM ARTICLE: Subscribe To Keep Reading

Sign up

By subscribing you agree to our Terms of Use

You're signed up!

Sign up

By subscribing you agree to our Terms of Use

You're signed up!
Sign up

By subscribing you agree to our Terms of Use

You're signed up!

Sign up

By subscribing you agree to our Terms of Use

You're signed up!
Sign up

By subscribing you agree to our Terms of Use

You're signed up!

Sign Up

By subscribing you agree to our Terms of Use

You're signed up!
Sign up

By subscribing you agree to our Terms of Use

You're signed up!
Sign up

By subscribing you agree to our Terms of Use

You're signed up!
BENEFITS READERS PASS PATRIOTS FOUNDERS
Daily and Breaking Newsletters
Daily Caller Shows
Ad Free Experience
Exclusive Articles
Custom Newsletters
Editor Daily Rundown
Behind The Scenes Coverage
Award Winning Documentaries
Patriot War Room
Patriot Live Chat
Exclusive Events
Gold Membership Card
Tucker Mug

What does Founders Club include?

Tucker Mug and Membership Card
Founders

Readers,

Instead of sucking up to the political and corporate powers that dominate America, The Daily Caller is fighting for you — our readers. We humbly ask you to consider joining us in this fight.

Now that millions of readers are rejecting the increasingly biased and even corrupt corporate media and joining us daily, there are powerful forces lined up to stop us: the old guard of the news media hopes to marginalize us; the big corporate ad agencies want to deprive us of revenue and put us out of business; senators threaten to have our reporters arrested for asking simple questions; the big tech platforms want to limit our ability to communicate with you; and the political party establishments feel threatened by our independence.

We don't complain -- we can't stand complainers -- but we do call it how we see it. We have a fight on our hands, and it's intense. We need your help to smash through the big tech, big media and big government blockade.

We're the insurgent outsiders for a reason: our deep-dive investigations hold the powerful to account. Our original videos undermine their narratives on a daily basis. Even our insistence on having fun infuriates them -- because we won’t bend the knee to political correctness.

One reason we stand apart is because we are not afraid to say we love America. We love her with every fiber of our being, and we think she's worth saving from today’s craziness.

Help us save her.

A second reason we stand out is the sheer number of honest responsible reporters we have helped train. We have trained so many solid reporters that they now hold prominent positions at publications across the political spectrum. Hear a rare reasonable voice at a place like CNN? There’s a good chance they were trained at Daily Caller. Same goes for the numerous Daily Caller alumni dominating the news coverage at outlets such as Fox News, Newsmax, Daily Wire and many others.

Simply put, America needs solid reporters fighting to tell the truth or we will never have honest elections or a fair system. We are working tirelessly to make that happen and we are making a difference.

Since 2010, The Daily Caller has grown immensely. We're in the halls of Congress. We're in the Oval Office. And we're in up to 20 million homes every single month. That's 20 million Americans like you who are impossible to ignore.

We can overcome the forces lined up against all of us. This is an important mission but we can’t do it unless you — the everyday Americans forgotten by the establishment — have our back.

Please consider becoming a Daily Caller Patriot today, and help us keep doing work that holds politicians, corporations and other leaders accountable. Help us thumb our noses at political correctness. Help us train a new generation of news reporters who will actually tell the truth. And help us remind Americans everywhere that there are millions of us who remain clear-eyed about our country's greatness.

In return for membership, Daily Caller Patriots will be able to read The Daily Caller without any of the ads that we have long used to support our mission. We know the ads drive you crazy. They drive us crazy too. But we need revenue to keep the fight going. If you join us, we will cut out the ads for you and put every Lincoln-headed cent we earn into amplifying our voice, training even more solid reporters, and giving you the ad-free experience and lightning fast website you deserve.

Patriots will also be eligible for Patriots Only content, newsletters, chats and live events with our reporters and editors. It's simple: welcome us into your lives, and we'll welcome you into ours.

We can save America together.

Become a Daily Caller Patriot today.

Signature

Neil Patel