Home Budget, Economy PolitiFact: Virginia Republicans Voted Multiple Times to Increase Debt Limit

PolitiFact: Virginia Republicans Voted Multiple Times to Increase Debt Limit


With all the wildly irresponsible blather by Republican’ts in Washington about how they don’t really need to do what’s absolutely necessary – raise the debt limit so the United States doesn’t default and cause an economic catastrophe! – I’m glad to see PolitiFact is on top of this one. I know it’s a shocker, but yes indeed, Republican’t are hypocrites once again!

Here’s a rundown of the record of each Virginia congressman who has voted on bills that raised the debt limit.

Rep. Rob Wittman, R-1st: 4 nays.

Rep. Bobb Scott, D-3rd:  4 ayes, 5 nays.

Rep. Randy Forbes, R-4th: 4 ayes, 5 nays.

Rep. Bob Goodlatte, R-6th: 4 ayes, 5 nays.

Rep. Eric Cantor, R-7th: 5 ayes, 4 nays.

Rep. Jim Moran, R-8th: 5 ayes, 4 nays.

Rep. Frank Wolf, R-10th: 5 ayes, 4 nays.

Rep. Gerry Connolly, R-11th: 2 ayes.

Sen. Jim Webb, D: 4 ayes, 1 nay.

Sen. Mark Warner, D: 2 ayes.

What about former Sen. George Allen who is running for the Senate next year? The Republican hopes to reclaim the seat he lost to Webb in 2006. Webb is not seeking reelection.

Allen voted for each of four debt limit increases that came up during his single term.

Bottom line: A lot of people from both parties have a hand in our debt problems.

Oh, and if that’s not enough evidence to demonstrate how crazy the GOP has become? How about St. Ronald Reagan, who said the following in 1983?

The full consequences of a default – or even the serious prospect of default – by the United States are impossible to predict and awesome to contemplate. Denigration of the full faith and credit of the United States would have substantial effects on the domestic financial markets and the value of the dollar in exchange markets. The Nation can ill afford to allow such a result. The risks, the costs, the disruptions, and the incalculable damage lead me to but one conclusion: the Senate must pass this legislation before the Congress adjourns.

  • Glen Tomkins

    Trying to convince the Rs to behave reasonably is so last century.  We’re way down the road from that point.

    Reconcile yourself to the fact that they fully intend to send the US into a completely unnecessary bankruptcy, in which the failure to raise the debt limit will mean that the US will only be able to meet some of its monetary obligations, while leaving others unfulfilled.

    Fine.  They have decided that we’re going to go into national bankruptcy.  Our side, instead of wasitng its time trying to get the Rs to behave reasonably, needs to propose legislation for how to deal with the results of their madness.

    Treat this just like any other bankruptcy.  We need to have clear rules for who gets paid first, and who gets stiffed.  Our side, of course, needs to propose that, just as in personal bankruptcy, the debtor is allowed to keep assets and income necessary to sustain continued life, things like a residence and a car, while everything else is paid as funds and assets make possible.  So we keep paying retirees and Medicare beneficiaries, and pay creditors, people who merely nade an investment, only as money is available after we satisfy people we owe who have needs.

    Now, it is certainly true that some creditors were investing the money of people with actual needs, and we need to make sure these counterparties with actual needs, as opposed to people just trying to make extra investment bucks off the govt, have those needs met.  We need to make sure the pension fund is paid off, while wealthy Galleon investors can go suck eggs.  So any creditor institution that the US cannot pay in full has to be taken over by the US, acting with the same resolution authority we use to deal with banks that can’t meet their obligations, to make sure that obligations to people with real needs, as opposed to folks who were just throwing extra money at an investment.

    Of course the Rs won’t like this plan.  Great.  Let them propose an alternative order of payment for this completely unnecessary crisis they are going to create by forcing the US into bankruptcy.  If they are going to create a situation in which the US cannot pay everyone, cannot meet all of its obligaitons, there has to be fixed order in which various types of obligations are either met, or deferred until higher priority obligations have been met.  

    What’s their plan?  What’s their order of payment?  Pay investors first, widows and orphans last?

  • John Carter

    Anyone, Republican or Democrat, can cast a symbolic vote, as long as they know that raising the debt limit will pass and their “no” vote is essentially meaningless.  That’s fine, I don’t care.  Just don’t take too long.