You’re killin’ me, Laarrry!
The debt ceiling is sooo hot right now. It’s all anyone in Washington and Blogoslovakia can talk about.
Will Congress raise it? Yes or no! No maybe so!
Tonight, Lawrence sated our thirst for tawdry debt ceiling sexitalk, as he talked about his time working on the Hill and dealing with debt ceiling negotiations, and gave “liberals” another stern talking to:
In fact, when I was running the staff of the Senate Finance Committee, we wrote and passed debt ceiling increases with ease… This is the Reconciliation Act of 1993. [I]t is worth noting at this time that in this bill are a couple hundred billion dollars in medicare and medicaid cuts that were proposed and supported by president Bill Clinton, written into law by a democratic congress and passed with Democrat votes only. The biggest cuts ever enacted in Medicare at that time. That was the very first thing that Democratic president Bill Clinton did with Medicare — actually cut it — to no objections, none, not one word of objection from liberals at that time about cutting Medicare. Not one person who has attacked president Obama from the left for even discussing Medicare cuts objected to the Clinton Medicare cuts, which were supported by every liberal in the United States House of Representatives and the United States Senate. Now, I don’t know where the newly appointed protectors of Medicare were at the time. It was the middle of the summer; they might have all been at baseball games. But the President didn’t hear from one of them — not from one of them — what Barack Obama has heard from so many about betraying their trust by discussing Medicare cuts. You know the rest of this story. This bill passed. Medicare continued to be the best government-run health insurance program in the world. The biggest tax increase in history did not cripple the economy with this bill, and the economy soared to new heights.
Debt Ceiling Debacle: Lawrence O’Donnell Tells You What’s Up… AGAIN.Post + Comments (216)