MADISON-After Standard & Poor’s placed blame squarely on the House GOP for failing to deal responsibly with the American debt limit, John Boehner, the leader in the so-called “Republican Downgrade” of U.S. long-term Treasury bonds was headed for an undisclosed location today to raise campaign cash for Reid Ribble, a freshman follower of the GOP march off the cliff.
In a statement, S&P said the Republican Downgrade was fueled by a refusal by people like Ribble to even discuss the historically-low tax burden on billionaires as a way out of a budget mess contributed to greatly by Bush-Era tax cuts for the super-wealthy.
“After diminishing the full faith and credit of the American economy, all to ensure that millionaires and billionaires sacrifice nothing while working people suffer, John Boehner is coming to Wisconsin to raise campaign cash for an undistinguished freshman who followed Boehner blindly,” Democratic Party of Wisconsin Chair Mike Tate said Monday. “Wisconsin’s unemployment crisis was exacerbated by Boehner’s and Ribble’s Republican Downgrade, but don’t let that stop them from celebrating themselves.”
