After voting to raise the debt limit ceiling from 1.9 trillion to over 12 trillion dollars, Chet Edwards (D-TX17) now puts on his conservative hat with a vote for Pay as You Go.
|Recent House Votes|
|Statutory Pay-As-You-Go Act – Vote Passed (233-187, 14 Not Voting)
The House passed this bill that would raise the federal debt limit to $13.029 trillion and enact pay-as-you-go budget enforcement rules aimed at cutting the government’s deficit. It now goes to the president for his signature.
Rep. Chet Edwards voted YES
This is a Democrat Party ploy to sucker the electorate to accept higher taxes in accordance with the disrepute theory of Keynesian Economics. The time when Chet needed to worry about Pay As You Go was before he voted for the first bailout foisted upon George W. Bush in the last 6 months of his term.
Pay As You Go is as phony as Social Security being secure. The principles of the Laffer Curve and Supply Side Economics are the only way to pay for a $12 Trillion debt plus interest. Trying to tax ourselves out of the hole Chet Edwards has voted for is the same wrong headed thinking that is driving California into bankruptcy.
Instead of representing our successful Texas economic plan – Texas is #1 in economic strength – even with our problems – Chet Edwards is trying to bring Detroit type economics to Texas. Don’t be fooled by this tactic. Chet is wrong about economics and he’s wrong for Texas District 17.