Ted Cruz says there’s ample revenue, that Obama is deliberately DECEIVING people on debt ceiling

Mark Levin interviewed Ted Cruz on his radio show a few days ago where Cruz weighed in on the debt ceiling. He suggested that it is irresponsible fearmongering for Obama to say that we won’t be able to pay our bills if the debt ceiling isn’t raised, arguing that he is deliberately deceiving people to even make that claim:

Not raising the debt ceiling does not mean we default on the debt. And President Obama saying that is just fearmongering and deliberately deceiving people. The average tax revenues for the federal government are roughly $200 billion a month. Service on the debt is between $30-40 billion a month. There is ample revenue to ensure that we service the debt and any responsible president would say ‘regardless of what happens on the debt ceiling, the United States will always honor its debt. We will never default on the debt.’

Cruz explains further, including his prediction that Obama would threaten to not pay troops and social security again like he did last time. That prediction came to pass today. He also explains how the GOP can beat Obama on the debt ceiling if they will simply stand strong.


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