Law of the land and other distractions

One meme about Obamacare is that it is the law of the land and the House should submit to that fact. David Horowitz says The Debt Ceiling is the Law of the Land and also needs similar consideration.

Then there is this FUD mongering about “risk of default”.

“We are going to hear this erroneous talking point propagated by both parties over the next few weeks, so let’s put the myth to rest. The only way we default on the debt is if we fail to pay the interest on the public debt. According to the updated budget projection from the CBO, interest on the debt will be roughly $237 billion for 2014. Thanks to the short-term revenue benefits of the fiscal cliff and Obamacare tax hikes, the federal government is expected to rake in a record $3.042 trillion from the private economy this year.”

What that means is that the income can cover the debt expense to avoid default and have enough left over to pay for Social Security, Medicare, Medicaid, Defense, and Veterans with about half a trillion dollars for other things.

“The power of the purse manifest in the House of Representatives, in conjunction with the debt ceiling law, reflects democracy at work, especially with divided government. It’s time we stop peddling the myth of default, and start using our leverage to restore constitutional government and bring relief to those who are losing jobs and suffering from the high cost of living engendered by the harmful activities of the unconstitutional aspects of government.”

In other words, the defined structure of the government is one that provides fiscal controls. Those controls are being tested.

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