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McCain: Tea Party "Foolish" to demand balanced budget

Veteran Sen. John McCainPosted Image has had enough with “tea-party” aligned lawmakers who have vowed not to vote to raise the debt ceiling before passage of a constitutional balanced budget amendment.

The Arizona Republican, the GOP’s 2008 presidential nominee, described their position as “foolish,” “deceiving, even bizarre,” given Americans’ anxiety about the sliding stock market, a halt on hiring and the possibility of higher interest rates related to the looming default.

“What is really amazing about this is that some, some members are believing that we can pass a balanced-budget amendment to the Constitution in this body with its present representation, and that is foolish. That is worse than foolish – that is deceiving. …” McCain said on the Senate floor on Wednesday afternoon.

“That is not fair to the American people, to hold out and say we won’t agree to raising the debt limit until we pass a balanced-budget amendment to the Constitution. It’s unfair, it’s bizarro. And maybe some people have only been in this body for six or seven months or so really believe that. Others know better. Others know better.”

Read more: http://www.azcentral…l#ixzz1TM3Sqtcr

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