Things got a little heated when Rep. Reid Ribble (R-WI) addressed a fellow Republican yesterday during an interview with Chris Hayes from MSNBC.
Ribble’s counterpart, Congressman Yoho, claims that breaching the debt ceiling “would bring stability to financial markets.” This is a tough and slippery subject to be conversing about anywhere, not only at the current time considering the government’s condition, but especially when one claims that more debt equals financial stability.
On the one hand, we have Ribble keeping the ears of his fellow Republicans pacified by zeroing-in on the importance of focus in accord with preventing more national debt (keeping the debt limit), and then on the other hand you have his fellow Republican Congressman (Yoho) living in reality by acknowledging that raising the debt ceiling would only permit room and financial stability for, actually, whatever the government plans to do next.
Observation seems to explain that the current debt ceiling will not foster the oncoming implementation of Obamacare, but financing a larger one will. How do we know this? Because Congressman Yoho is entertaining a solution to the current financial crisis which is a mere implication of entertaining Obamacare for the status quo. Why else would Yoho say this?
Watch Ribble in the video below: