Pelosi invoking 14th amendment in push for debt limit hike
Rep. Danny Davis weighs in on issue
- Duration 4:58
- Date Jan 7, 2013
Rep. Danny Davis weighs in on issue
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Well Republicans are saying -- instinctively -- Saturday that president who's on racial equality but no less an -- policy seizing on the fourteenth amendment that Lincoln inspired.
To say it's provision about the validity of our dead also provides an opening for the president to raise our debt ceiling without congress saying -- feet.
Now we couldn't get Lincoln.
And we couldn't get Nancy but we did get Danny as an Illinois democratic congressman Danny Davis who was fine with -- all of this congress in very good -- -- thanks for coming.
Well thank you very much and you know I agree that Lincoln was a bold -- president and he made some bold and tough decisions.
And that's why -- people think he was one of the best presidents we've ever -- I would agree but I would I would.
I would hasten to -- I don't think he would be on board with.
Playing games of constantly risen -- debt -- it.
Well I don't think that we are constantly you reason it but I do believe him and I agree with no -- out of it ten times and the post war period.
You know we've done it but we've always paid our debt.
And and we don't quibble about pretty in depth at some -- we know that we have to do we make them.
And we must pay them.
There is some way to say congress and -- congress appropriates the funds you can't come back later on and -- what we're not paying and I do see the wisdom of that.
But I'd see it also in the power of congress to decide that.
And not mix the congress.
And -- rather loose interpretation of an amendment.
Put together an 1868.
To force the.
But I do think that we can avoid that and we can avoid it.
If we create enough jobs.
For people to -- -- -- to work.
Then of course -- put -- -- as we go.
Absolutely Korean party running this becomes -- Lugo what you're right it's got appointed the economy.
Picks up but you know what troubles -- congress and you -- chatted about.
Well kind of this before.
That we spend an enormous amount of time.
Coming up with creative ways.
To either raise the debt ceiling.
-- and Jerry Nadler -- case come up with a trillion dollar coin for the Federal Reserve.
-- have a back stop to raise the debt ceiling but we never address what got us.
Gymnastics in the first place.
I usually -- Well we usually the reason that we don't.
Is because that would solve problems but we also don't because the same people.
Who keep make your money.
Because of the debt.
-- human beer and what what.
When you've got to borrow money.
Somebody is earned and money somebody is making money and its -- -- is not those individuals.
At the bottom of.
The -- well the reason why we're in the tackler and is because we keep.
Printing money and we keep spending money right you wouldn't would you argue we -- I think probably we -- and -- -- government.
Well I think we finance our government.
You know with the idea.
That we keep provide an opportunity.
All of the money managers the money men lose the money changes.
And its catalog Billie Holiday used to say Vietnam vets.
-- -- all right that day and run then -- then there planets and has alleged event next time they're expected to raise the debt ceiling.
Because that's they come to expect and that's -- and make generally -- Don't play the same -- game don't cater to them -- it involves you argue irritated.
But we've already made the decisions that we've got to borrow -- -- or does not like you tell an alcoholic put put the glass down stop stop stop -- tell -- don't have a problem.
You would be all right what are about that -- -- messages saying.
This game stops.
We stand up we all -- were all alcoholics and it's got to stop now.
But I also think you got to save it to take responsibility.
Four of the decisions that you -- interview -- you've got to pay.
Understood but when you keep doing this what you're saying is we can't make tough decisions so we'll keep raising the ceiling so that we don't have to.
What we could change the way that we operate we continued -- where do we finance government.
What do you think knowing what I would say if he were to come back congressman and look at these games Republicans and Democrats play when it comes the debt ceiling spending money we don't bat.
Daddy daddy I don't think it's that.
He'd probably is very let's stop playing games and change the way that we function.
I think you're right and I that we -- congress and thank you pleasure having.
Very few indeed it's a pleasure are and what you have great great pipes reports.
But they had.