As you may have seen, it’s being reported this afternoon that all four top Senate Democrat leaders have sent a letter to the White House expressing their support for President Obama to take “unilateral action” on raising the debt ceiling, including even minting a trillion-dollar platinum coin. Given this latest development, the NRSC has issued statements – example below — to state media and grassroots lists in a range of 2014 states, including South Dakota (Johnson), Montana (Baucus), Arkansas (Pryor), New Hampshire (Shaheen), Alaska (Begich), North Carolina (Hagan), Colorado (Udall), Iowa (Harkin), Minnesota (Franken) and Virginia (Warner).
We look forward to hearing from each of these Democratic Senators, in addition to the rest of their Democratic colleagues, whether or not they stand with Harry Reid & Chuck Schumer in support of the trillion-dollar platinum coin option that would circumvent Congress and unilaterally raise the debt ceiling.
|Top Democrat Leaders Open To Minting Trillion-Dollar Coin,
So Where Does Mary Landrieu Stand?
As Debt Skyrockets, Democrats’ Propose Magic Coin Instead Of Fiscal Discipline
WASHINGTON — In a remarkable exchange this week, White House Press Secretary Jay Carney left open the option that President Obama might actually authorize the minting of a trillion-dollar coin as a way to circumvent a debate with Congress over raising the debt limit yet again.
Even more remarkable, the Democrats’ magic coin plan is actually gaining support from top Democrats in Congress, including one who told the New York Times this week, “It sounds silly but it’s absolutely legal.” Further, the Washington Post’s left-leaning Plum Line blog reports this afternoon that top Senate Democrat leaders “are privately telling the White House that they will give Obama full support” if he chooses to pursue this option.
In light of the statements from her fellow Democrats this week, the National Republican Senatorial Committee is calling on Senator Landrieu to tell the people of Louisiana exactly where she stands on this trillion-dollar magic coin proposal.
“Over the last four years, Senator Landrieu has stood side-by-side with President Obama and voted in lockstep for all of his big government programs that are bankrupting our country,” National Republican Senatorial Committee (NRSC) spokesman Brian Walsh said today. “So Louisianans deserve to know exactly where their senior Senator stands today – does Landrieu believe that minting magic coins is the answer to solving our country’s fiscal problems or will she finally acknowledge that reckless Washington spending is the real issue?”
“Given the news that the Senate Democrat leaders she helped to elect are now endorsing the magic coin option, Mary Landrieu needs to give Louisianans a straight answer,” Walsh concluded.
Notably, the news today that the Senate Democratic leadership is leaving the door open to minting a trillion-dollar coin comes at the same time the Associated Press reports that our country’s annual budget deficit is on track to reach $1 trillion for a fifth straight year.
Under the watch of President Obama and the Democratic-controlled Senate, including Landrieu, the federal debt has skyrocketed from $10.6 trillion in January 2008 to over $16.4 trillion today. At the same time, Senator Landrieu and her Senate Democratic colleagues have refused to even pass a federal budget in over 1,350 days.