http://www.washingtonpost.com/blogs/plum-line/post/john-boehners-blank-check-lie/2011/03/04/gIQARa8jaI_blog.htmlBy Adam Serwer
There’s one line from House Speaker John Boehner’s speech last night that deserves real attention, both because it’s completely false and because it’s becoming a recurring Republican talking point on the debt ceiling:
(snip)
The sad truth is that the president wanted a blank check six months ago, and he wants a blank check today. That is just not going to happen.
But the far more dishonest statement is Boehner’s line that the debt ceiling amounts to a “blank check.” This is a straight-up lie. Not the everyday, casual fudging that politicians do, but a straight up lie. As the Government Accountability Office explains: “The debt limit does not control or limit the ability of the federal government to run deficits or incur obligations. Rather, it is a limit on the ability to pay obligations already incurred.”
(snip)
To the extent that this crisis, and the risk of default, exists, it’s because Republicans insisted on turning a procedural vote into a hostage standoff, after helping George W. Bush rack up a deficit of more than 5 trillion dollars. It’s not because Obama is unwilling to cut entitlements. And it’s certainly not because Obama wants a “blank check” and Boehner is denying him one.