Jump to bottom


1 Achilles Tang  Mon, Jul 25, 2011 5:42:50am


Dear Congressman,

I am not the only person who understands that raising the debt limit now is unrelated to future budget issues.

I don’t know why the Democrats have not made your party’s lies more clear, but I do know that if you destroy my retirement by causing my investments to lose value and my interest rates to rise, it will be no different than taxing me to death.

Even if I am poorer, I can still vote and I will have more time to make sure no Republican is elected again.

2 simoom  Mon, Jul 25, 2011 9:55:01am

Time to dust off the Gephardt rule?


The current debt ceiling fracas stems from one thing, and it’s not spending. It’s the pointless, silly, and potentially very costly, two-step process by which the United States, and no other country, goes about budgeting and spending money. First, Congress passes a budget resolution that determines how much will be spent. Then it raises the debt ceiling to accommodate that spending. The fight now is being driven by Republicans, and some Democrats, who don’t want to do the second part, even though the spending decisions have already been made. I’ve likened the issue to having dinner in a restaurant and then haggling over the check. But given the tenor of our politics, a more apt analogy might be bulimia. First dinner, then…

Well, anyway. The obvious question is, why have two steps? Why not just agree that the debt ceiling will rise to accommodate what Congress agrees to spend? After all, decisions about spending should be hashed out in the budget. That’s the point of having them. Breaking the process into two steps only creates the possibility of default, which would harm everyone.

Gephardt realized that the easiest way to fix the problem and impose some rationality on the process, was to do away with the second vote. He consulted the parliamentarian. “I asked if there was a way that when we pass the budget [the debt ceiling] can be deemed ‘raised’ to accommodate the budget people are voting for,” Gephardt said. “He said, ‘Yeah, we think we can work that out.’”

Thus was born the “Gephardt rule.” For a period thereafter, the adoption of the conference report on the budget resolution would trigger the Gephardt rule and “deem to have passed” legislation raising the debt limit to accommodate the spending and revenue levels approved in the budget. Presto! Problem solved.

It didn’t last. When Republicans took back the House in 1995, they brought back the second vote as a way to pressure members on spending. “They actually wavered back and forth,” Gephardt recalled. “Sometimes they’d use the budget procedure to wave it through, and then other times they’d require the vote. It’s silly because it’s just grandstanding. David Obey used to call it posing for holy pictures. It’s a facade; it’s not real. If you’re real, you vote for budgetary and spending decisions that would balance the budget. If that’s what you want, that’s what you should do. That’s the operative vote. That’s where the money is spent.”

This page has been archived.
Comments are closed.

Jump to top

Create a PageThis is the LGF Pages posting bookmarklet. To use it, drag this button to your browser's bookmark bar, and title it 'LGF Pages' (or whatever you like). Then browse to a site you want to post, select some text on the page to use for a quote, click the bookmarklet, and the Pages posting window will appear with the title, text, and any embedded video or audio files already filled in, ready to go.
Or... you can just click this button to open the Pages posting window right away.
Last updated: 2021-06-05 2:51 pm PDT
LGF User's Guide RSS Feeds Tweet

Help support Little Green Footballs!

Subscribe now for ad-free access!Register and sign in to a free LGF account before subscribing, and your ad-free access will be automatically enabled.

Donate with
PayPal Shop at amazon
as an LGF Associate!
Recent PagesClick to refresh
Sen. Bill Cassidy: Louisiana’s Maternal Mortality Rate Is Only Bad if You Include Black Women Firstly, yes, Black women are four times more likely to die from pregnancy-related causes than their white counterparts in Louisiana (three times more likely nationwide), because our medical system is deeply racist. And speaking of racism: I can’t really ...
12 hours, 26 minutes ago
Views: 96 • Comments: 1 • Rating: 1
Tweets: 3 •
People’s Convoy Too Distracted by In-Fighting to Sneak Into D.C. The People’s Convoy vowed to do more than just endlessly circle Washington D.C.’s Beltway in urine-soaked jeans when they returned to their base camp at Hagerstown Speedway in Maryland on Wednesday. But instead of somehow sneaking two dozen or ...
12 hours, 30 minutes ago
Views: 129 • Comments: 0 • Rating: 0
Tweets: 2 •
YUNGBLUD (With WILLOW) - Memories (Official Music Video) YUNGBLUD (with WILLOW) - Memories (Official Music Video) Stream and download “Memories (with WILLOW)” : watch more official YUNGBLUD videos: SIGN UP to YUNGBLUD's Mailing List: subscribe to YUNGBLUD: connect with YUNGBLUD online:visit the official ...
1 week, 6 days ago
Views: 1,078 • Comments: 0 • Rating: 1
Tweets: 3 •