July 29th, 2011
10:51 PM ET

Raw Politics: Republican explains switched vote

Editor's note: Rep. Phil Gingrey, R-GA, explains why he decided to support Speaker John Boehner debt ceiling bill.

Related: Senate Democrats block Boehner debt ceiling plan after House approval

Filed under: 360° Radar • 360º Follow • Raw Politics
soundoff (13 Responses)
  1. Michael Eaddy

    Who are we kidding? Not raising the debt ceiling is about the 2012 election. The republicans will do anything and rather for millions of americans and parts of the world for that fact to be in ruins just to make the President of the United States look incompetent. Their "waterloo" stems from their racism that they deny. They fear if they pass a bill that will put us on track toward balancing our budget and reducting our deficit, the president and his administration would get some credit which would go against one of their objectives.

    July 30, 2011 at 2:50 pm |
  2. Lyall

    Why is America in this financial mess........because there are different strokes for different fokes.

    Have the income taxes that the Fortune 500 companies pay ever approached the taxes that the average hard working American pays? I would like to know what the gross profit is for the Fortune 500 companies over the past 25 years, and what they paid in taxes. I'll bet it would be shocking for Americans to see how little they paid...............if these companies paid what everyone else pays, it would probably offset the current debt, with some change left over for a proper healthcare system.

    God Bless America!

    July 30, 2011 at 1:27 pm |
  3. Audrey Krauss

    I hae been watching news for day and weeks and come to this conclusion. First and foremeost is to pay back what we owe. HOW? Taxes. We need taxes to pay our debts. The poor will pay next to nothing, Middle Class will pay affordable tax and wealthy will pay their share. This can be done if we have no deductions except for children. No business deductions and everyone pays their share. It could be a straight 15% on everyone. No staggering. Or it could be according to salary but everyone should pay a share for our Country. Otherwise we will be a 3rd world country.

    July 30, 2011 at 1:21 pm |
  4. Judith

    I totally agree with Mr. Zakaria!!! I said it when all this was going down with Congress. The republican's are being led around by their noses by the Tea Party. Now our two-party house has become three and even with that the republicans can't get it together! You should put Congress on your ridiculous! I believe the Republican's are trying to make true on their promise when they were running...Obama will be a one term president...and that is all. NO MATTER what the cost is to the American people. Hey Republicans...you were elected (not by me) but elected to do a job so ...GIT HER DONE! If not...get out and I will replace you! 2 + 2 still = 4!

    July 30, 2011 at 2:47 am |
  5. Crystal

    I have to question why doesn't the government raise the taxes of those sending jobs to China. How about giving tax breaks instead to those companies who bring the jobs back to U.S. Common sense says to me, if the American people are working, the more money the "children" make. However, they already seem to suffer from money illusion.

    July 30, 2011 at 1:59 am |
  6. wayneinpd

    Ali's "statements" on the effect of this political "crisis" are opinion, not fact. Friday stock market tumbles after bad GDP news should be expected. A significant fall after our political "masters" reach a conclusion or not, vacant other bad news, will be significant. Ali is, perhaps unknowingly, repeating talking points.

    July 30, 2011 at 1:41 am |
  7. angie teske

    i wonder if congress would worried about the poor as much as they do the rich, i wonder if this mess would be over by now. why not tax the rich they should have enough money and they waste so much of it, my husband has been in the army now for 35 years and is in Iraq, we have had to live pay check to pay check. the rich just lives. tell congress to stop worring about the rich and worry more about the american people , that 's who they work for not just the rich. the rich should want pay any military bills. Thanks for the good job you do angie

    July 30, 2011 at 12:31 am |
  8. jlyle

    you and fareed are forgetting to ask the question, why aren't the democrats willing to compromise? It only takes a few democrats in the senate to get this done. Why is the focus on the need for republicans to compromise?

    July 29, 2011 at 11:37 pm |
  9. Phillippe Wendell

    I'm done with the political posturing. These guys are paid to work together and this show they are putting on for us and the rest of the world is ridiculous. Both sides need to make compromises and stop making our creditors worry.

    July 29, 2011 at 11:35 pm |
  10. Richard Johnson

    I find it interesting that we don't tie payment of the salaries of senators and representatives to their having produced some legislative results. If the default occurs the first set of salaries that should not be paid are those of the congress.

    July 29, 2011 at 11:27 pm |
  11. paulandteresa

    Congressional Reform Act of 2011

    1. No Tenure / No Pension.
    A Congressman collects a salary while in office and receives no pay when they are out of office.

    2. Congress (past, present & future) participates in Social Security.
    All funds in the Congressional retirement fund move to the Social Security system immediately. All future funds flow into the Social Security system, and Congress participates with the American people. It may not be used for any other purpose.

    3. Congress can purchase their own retirement plan, just as all Americans do.

    4. Congress will no longer vote themselves a pay raise. Congressional pay will rise by the lower of CPI or 3%.

    5. Congress loses their current health care system and participates in the same health care system as the American people.

    6. Congress must equally abide by all laws they impose on the American people.

    7. All contracts with past and present Congressmen are void effective 1/1/12. The American people did not make this contract with Congressmen. Congressmen made all these contracts for themselves. Serving in Congress is an honor, not a career. The Founding Fathers envisioned citizen legislators, so ours should serve their term(s), then go home and back to work.

    July 29, 2011 at 11:12 pm |
  12. Cathy

    Anderson, Please investigate how much money is spent at every level of government to come up with contingency plans in case of a default. Substantial time and money is spent on these contingency plans that are then flushed down the toilet when the government finally does the right thing and passes a bill. The money lost can never be recovered. Even seemingly simple things (like what a city does with an employee that is paid by a federal grant if the federal money does not come?) need to be worked out just in case the worst case scenario.

    July 29, 2011 at 11:09 pm |
  13. Barbara

    Someone should ask why we have to spend $28,000,000 on a memorial to President Eisenhower. And that's just for the design and construction. Or $50,524,000 for expenses related to the Holocaust Memorial Museum. Now is not the time to spend our tax dollars for things like this. We wouldn't have to talk about cutting social security or medicare if we cut out some of the spending like this. Let's get our priorities straight. People first!

    July 29, 2011 at 11:01 pm |