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The Republican argument that raising the debt ceiling encourages additional future spending is logically irresponsible. The debt ceiling has to be raised to authorize spending already approved by Congress. Despite that fallacy, the GOP has been able to score political points with its argument.

Eliot Spitzer

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Eliot Spitzer
Age: 65
Born: 1959
Born: June 10
Former Governor Of New York
Lawyer
Politician
New York City
New York
The Sheriff of Wall Street
Argument
Irresponsible
Gop
Raised
Raising
Logically
Republican
Score
Ceiling
Already
Points
Fallacy
Future
Despite
Ceilings
Political
Debt
Encourages
Able
Spending
Additional
Congress
Approved
Authorize

More quotes by Eliot Spitzer

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Virtually everywhere in the world, people still wake up and want their country to be more like the United States than any other nation. We are the envy of the world because of what we stand for and how our democratic process, flawed as it may often seem to be, operates. We should take pride in that.
Eliot Spitzer
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I don't think Michael Bloomberg would say that his greatest skill is delivering the speech. He would say he's more of a nuts-and-bolts mayor-picking up the trash, dealing with the school system.
Eliot Spitzer
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The pace of global warming is accelerating and the scale of the impact is devastating. The time for action is limited - we are approaching a tipping point beyond which the opportunity to reverse the damage of CO2 emissions will disappear.
Eliot Spitzer
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In the melting pot that is America, inclusive trumps exclusive. Whether it's single women, young adults, or minorities, alienating the rapidly growing voting blocs is not smart politics.
Eliot Spitzer
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I would say to those who don't like the metaphor This is reality.
Eliot Spitzer
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Mitt Romney's primary season embrace of the social and economic agenda of the more rabid elements of his party doomed him, especially the shrill immigration rhetoric and the harshly insensitive theory that no additional sacrifice or contribution should be sought from those at the top.
Eliot Spitzer
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After 25-plus years as a lawyer, prosecutor, and defense attorney, I have developed a deep appreciation for both the wisdom of the law and the role that jurists play in framing the rights and responsibilities that define our society.
Eliot Spitzer
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Delay is the enemy of progress.
Eliot Spitzer
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I stand before you today because this vision of government as the engine of opportunity is what I believe in.
Eliot Spitzer
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Any reasonable economist will tell you that it's nearly impossible to isolate the impact of right-to-work laws on a state's job growth. A multitude of other factors intervene. However, one thing the numbers can show is that right-to-work laws have a negative effect on the wages of workers in that state.
Eliot Spitzer
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As one who was a prosecutor for many years, I can tell you that having a tape recording of interrogations would help everybody. It would make clear if there had been improper pressure exerted on a defendant or witness, and it would also protect the interrogating officer from false claims that such pressure had been brought to bear.
Eliot Spitzer
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Global warming threatens our health, our economy, our natural resources, and our children's future. It is clear we must act.
Eliot Spitzer
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I don't have any particular expertise-I've never been a banker or an investment banker. But I did see an evolution in the system that I thought was problematic.
Eliot Spitzer
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Those who are critical of Alliance are the same people who have done nothing for 30 years.
Eliot Spitzer
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Don't reward bad behavior. It is one of the first rules of parenting. During the financial cataclysm of 2008, we said it differently. When we bailed out banks that had created their own misfortune, we called it a 'moral hazard,' because the bailout absolved the bank's bad acts and created an incentive for it to make the same bad loans again.
Eliot Spitzer
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Once again, the puppets on Capitol Hill are about to slam the Muppets on Main Street. The country still hasn't recovered from the Wall Street-induced financial cataclysm of 2008, yet Congress is preparing to enact the Orwellian 'JOBS Act' - a bill that should in fact be called the 'Return Fraud to Wall Street in One Easy Step Act.'
Eliot Spitzer
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Yes, people pull the trigger - but guns are the instrument of death. Gun control is necessary, and delay means more death and horror.
Eliot Spitzer
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The attacks on the World Trade Center and the Pentagon shook our nation to the core. Americans were deeply frightened, sad, and angry, and they rallied around a President who, at the time, showed impressive certitude and calm.
Eliot Spitzer
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Never write when you can talk. Never talk when you can nod. And never put anything in an e-mail.
Eliot Spitzer
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It's time to let science and medicine, not politics and rhetoric, lead us to good, sound policy.
Eliot Spitzer