Letters: Seeking Lessons From the Fiscal Crisis

Written By Unknown on Kamis, 17 Oktober 2013 | 13.25

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Re "Changing the Debt-Ceiling Game" (Op-Ed, Oct. 15):

David McAdams is absolutely correct that debt-ceiling deadline paralysis will just be repeated if we don't come up with incentives for bipartisan problem-solving.

Last month, I introduced legislation similar to his suggested solution. My plan, endorsed by Alan Simpson and Erskine Bowles, former co-chairmen of the National Commission on Fiscal Responsibility and Reform, provides for automatic debt-ceiling adjustments when debt is decreasing as a share of gross domestic product. It further forces action to manage debt when it is increasing as a share of the economy. And, if the budget process proves inadequate, my plan gives every member, not just leadership, the opportunity to bring debt reduction ideas to the floor for action.

As Professor McAdams states, the only way forward for our country is to "give up the ability to conduct last-minute brinkmanship." The American people expect reasonable solutions, not self-imposed crises.

SCOTT PETERS
Washington, Oct. 15, 2013

The writer, a Democratic member of Congress, represents the 52nd District of California.

To the Editor:

With obstructionists on both sides of the aisle in Congress, the White House has scored an impressive public relations coup in persuading so many that only obstinate Republicans are to blame. G.O.P. critics would do well to remember that complaints from the far left in the president's own party (extremists?) led to his 11th-hour request for an additional $400 billion in tax revenues in the "grand bargain" negotiations of July 2011 that then failed.

I'm no fan of Tea Party death wish tactics — Obamacare is here to stay — but it is a little rich to single out balking by Republicans as a betrayal of America when the Democrats are every bit as resistant to compromise. True to form, it appears they will get a deal without moving in the G.O.P.'s direction on a single major priority.

MARGARET McGIRR
Greenwich, Conn., Oct. 16, 2013

To the Editor:

It is worth thinking ahead to long-term solutions that can prevent the recurrence of what most agree to be a profound but senseless threat to the stability of our democratic process.

Since a large part of this crisis seems to be caused by some representatives' paralyzing fear of losing future primary elections to radical challengers who are offended by any hint of compromise, we should institute term limits for all members of Congress.

Maybe if the moderate members of the Republican Party knew that their elected days were numbered anyway, they would feel more liberated to vote their conscience, rather than putting the entire country at grave risk just so they can protect their own seats.

CHRISTOPHER J. GIBSON
Cambridge, Mass., Oct. 16, 2013


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