Saturday, January 5, 2013

Senator Ted Cruz' CNBC Debut

Shortly after being sworn in, Ted Cruz appeared on CNBC:

  • "This administration has engaged in a troubling pattern of trying to rule by executive fiat."
  • Legislative powers are entrusted to Congress, not the Executive Branch.
  • "I think we have to be shut the government down if we don't get some serious policies to stop the out of control spending."
  • If there is no action [on the debt ceiling], the result will be that 40 percent of Federal Government spending will stop.
  • Kudlow: The debt ceiling "can be a very important bargaining tool."

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