Bachmann Revives Debt Ceiling “Blank Check” Lie

Rep. Michele Bachmann.Jason Moore/ZUMA Press

Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily.


In Tuesday night’s Bloomberg/Washington Post Republican presidential primary debate, Rep. Michele Bachmann (R-Minn.) resurrected a lie peddled by Reps. John Boehner and Eric Cantor during the debate over increasing the debt ceiling: That increasing the borrowing limit would be the equivalent of handing President Obama a “blank check.”

As David Corn pointed out back in July, this is just flat wrong:

[A] blank check enables future spending. Raising the debt ceiling is about permitting the US government to cover past spending—and the blank checks of the past. These particular blank checks were issued by the Republicans during the Bush years. They voted (with the help of some Democrats) for wars in Afghanistan and Iraq without budgeting for them. They did the same with a Medicare prescription-drug benefit. They also green-lighted President Bush’s tax cuts without accounting for the drop in revenue they would cause. Together these blank checks account for two-thirds of the deficit, if not more. (See this chart.) By claiming the debt ceiling is the problem, the Republicans are blaming the bank for the bank robber’s action.’

Moreover, raising the debt ceiling does not hand Obama any more authority to spend. Congress controls spending—and the Republicans control the House and have filibuster power within the Senate. If Republicans want to clamp down on spending, they can endeavor to do so through the appropriations process. Holding the line on the debt ceiling will not turn off any spigot. The United States will continue to run up debt; the government just won’t be able to pay its bills—which will likely lead to greater interest rates and, consequently, more debt.

None of this has prevented Republicans from deploying the blank-check accusation. Their heavy reliance on this rhetorical ammo suggests it’s been poll-vetted and focus-group-tested. When the political battle at hand involves government accounting—a matter that most Americans are not that familiar with—a simple and easy-to-understand metaphor can be rather helpful. After all, how many independent voters want a president with a blank check?

BEFORE YOU CLICK AWAY!

December is make or break for us. A full one-third of our annual fundraising comes in this month alone. A strong December means our newsroom is on the beat and reporting at full strength. A weak one means budget cuts and hard choices ahead.

The December 31 deadline is closing in fast. To reach our $400,000 goal, we need readers who’ve never given before to join the ranks of MoJo donors. And we need our steadfast supporters to give again today—any amount.

Managing an independent, nonprofit newsroom is staggeringly hard. There’s no cushion in our budget—no backup revenue, no corporate safety net. We can’t afford to fall short, and we can’t rely on corporations or deep-pocketed interests to fund the fierce, investigative journalism Mother Jones exists to do.

That’s why we need you right now. Please chip in to help close the gap.

BEFORE YOU CLICK AWAY!

December is make or break for us. A full one-third of our annual fundraising comes in this month alone. A strong December means our newsroom is on the beat and reporting at full strength. A weak one means budget cuts and hard choices ahead.

The December 31 deadline is closing in fast. To reach our $400,000 goal, we need readers who’ve never given before to join the ranks of MoJo donors. And we need our steadfast supporters to give again today—any amount.

Managing an independent, nonprofit newsroom is staggeringly hard. There’s no cushion in our budget—no backup revenue, no corporate safety net. We can’t afford to fall short, and we can’t rely on corporations or deep-pocketed interests to fund the fierce, investigative journalism Mother Jones exists to do.

That’s why we need you right now. Please chip in to help close the gap.

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate