Tea Party gives Boehner a budget headache

Posted by admin on Saturday, July 30, 2011 · View Comments 

Since coming to Washington, the ‘Young Guns’ of the Tea Party have caused nothing but havoc. House Speaker John Boehner has told Republicans to ‘get their asses in line’ behind his budget proposal. But some in the Tea Party remain insolent.

The Tea Party’s refusal to cooperate means Congress could miss its best chance of reaching a budget ceiling compromise by the August 2 deadline. Fears the US may miss the deadline have already spooked financial markets, prompting a global equities sell-off and higher interest rates on US bonds.

Doubts about where interest rates are heading have frozen activity in the credit markets. Long-term, higher borrowing costs for the government and consumers could wreck the American economy.

Even if John Boehner can win support from a few ‘Young Guns’, he must still deal with opposition from the Democrats in the Senate. Isn’t the political immaturity of the ‘Young Guns’ just setting up the Democrats nicely for 2012? What will happen next?

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  • http://blog.american.com/2011/07/tea-parties-explained/ Tea Parties, Explained « The Enterprise Blog

    [...] If you truly want to understand the Tea Party vs. Boehner split these days, there’s really only one place to go: Taiwan! [...]

  • Martin

    Two expensive wars + automobile industry bailout + interest on money already owed = all the money than was in the U.S. treasury.  Now what?  They will either have to raise taxes, borrow more money or give government employees I.O.U.s instead of a monthly paycheck. 

  • http://profiles.google.com/rrwillsj richard wills

    Couldn’t happen to a gang of bumblers more deserving then this tea party of tergiversators.

  • http://www.facebook.com/profile.php?id=100000405936374 Morris Chou

    HUH…English version called John Boehner as John Bonner????…LOL

  • http://deathby1000papercuts.com/2011/08/tea-party-gives-john-boehner-a-migraine-over-debt-deviousness/ Tea Party Gives John Boehner a Migraine over Debt Deviousness | DBKP – Death By 1000 Papercuts – DBKP

    [...] Tea Party gives Boehner a budget headache Since coming to Washington, the ‘Young Guns’ of the Tea Party have caused nothing but havoc. House Speaker John Boehner has told Republicans to ‘get their asses in line’ behind his budget proposal. But some in the Tea Party remain insolent. [...]

  • Wodeshed

    Snarky comments are more effective, Richard, when spelled correctly and syntactically
    logical.  Unlike yours, of course.

  • http://www.zica.org Animation_multimedia_institute

    hmm…this is good !

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