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Reid to offer $2.5 trillion debt deal with NO TAXES?
Zero Hedge ^
| 7/24/2011
| CNN Twitter
Posted on 07/24/2011 2:37:05 PM PDT by SDShack
Just out from CNN's Lisa Desjardins
BREAKING - NEW Dem. debt plan: Reid to offer at "least $2.5 Trillion" in deficit redux w/ no revenue increases, Dem. source tells CNN. NEW REID PLAN: "At least $2.5 T in deficit redux" w/ no revenue increases. BUT, unclear what baseline he's using and what he'd cut. REID PLAN: Dem aide tells our @tedbarrettcnn they think it meets GOP call for dollar-for-dollar spending cuts with debt increase.
(Excerpt) Read more at zerohedge.com ...
TOPICS:
KEYWORDS: debt; debtceiling; debtcrisis; debtlimit; dinghyharryreid; donothingsenate; haterofamerica; nerdyjerk; partyofnoplan; truecommunist
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Haven't seen any confirmation of this yet. But if true, then maybe the Dems blinked.
1
posted on
07/24/2011 2:37:11 PM PDT
by
SDShack
To: SDShack
With no taxes?
ReidIdiot’s plan is different from the numerous Republican proposals that were voted down or ignored, etc. how exactly? =.=
2
posted on
07/24/2011 2:40:10 PM PDT
by
cranked
To: cranked
3
posted on
07/24/2011 2:41:05 PM PDT
by
Politically Correct
(A member of the rabble in good standing)
To: SDShack
Here’s all I have to say about Dingy Harry:
Rule One, dems lie.
Rule Two, dems like abortion.
Rule Three, don’t forget rules one and 2.
4
posted on
07/24/2011 2:41:27 PM PDT
by
TheConservativeParty
(PALIN 45 The cure for "meet the new boss, same as the old boss.")
To: cranked
,,,post the “it’s a trap” pic.....(from Starwars)
5
posted on
07/24/2011 2:42:15 PM PDT
by
spokeshave
(Obamas approval ratings are so low, Kenyans are accusing him of being born in the USA.)
To: Politically Correct
I was going to say $2.5-trillion over 250 years.
To: SDShack
Convene the Senate Harry and screw your deal. ( Harry Knows that Cut Cap and Balance, now having been tabled, can be called up for a debate and vote in the senate on Monday.) Pass Cut Cap and Balance, and stop trying to prevent what the nation wants.
7
posted on
07/24/2011 2:43:08 PM PDT
by
Candor7
(Obama fascist info..http://www.americanthinker.com/2009/05/barack_obama_the_quintessentia_1.html)
To: SDShack
The leftie DUmmies will explode off into orbit in fury.
8
posted on
07/24/2011 2:43:44 PM PDT
by
sunmars
To: Politically Correct
They’ll be backloaded, yes, but worse than that, remember what a “cut” is.
They can just presume govt growth would occur at X% GDP, Y% Inflation and Z% population growth and use huge numbers for X, Y and Z. Then declare cuts from those absurdly high numbers and presto, they get a spending increase.
This is why spending has to cut from FY2012.
9
posted on
07/24/2011 2:44:15 PM PDT
by
Owen
To: TheLawyerFormerlyKnownAsAl
anyone know what is going on in the Asian Markets right now?
$2.5 Trillion over one decade (10 years) and NO Balanced Budget Amendment. And this so called "deal" can be changed next week after its signed by Obama.
If John Boehner agrees to any "deal" with the democRATs, John Boehner will be PRIMARIED out of his job next election. Guaranteed.
11
posted on
07/24/2011 2:44:52 PM PDT
by
pyx
(Rule#1.The LEFT lies.Rule#2.See Rule#1. IF THE LEFT CONTROLS THE LANGUAGE, IT CONTROLS THE ARGUMENT.)
To: Owen
If it includes the unconstitutional Super Congress - FORGET IT
To: spokeshave
13
posted on
07/24/2011 2:45:05 PM PDT
by
cdnerds
(Now part of the conservative underground,)
To: SDShack
Probably phony cuts from accounting tricks that kick in 10 years from now that will never really happen. Don’t be suckered again!
To: SDShack
Nah! Default you socialist vermin.
15
posted on
07/24/2011 2:46:44 PM PDT
by
eyedigress
((Old storm chaser from the west)?)
To: SDShack
No, it is a dollar for dollar deal...
shuffling the credit cards again.
Dollar for dollar is ZERO, they are agreeing to nothing and ultimately doing the deal demonstrates this is a completely orchestrated crisis.
16
posted on
07/24/2011 2:47:03 PM PDT
by
EBH
( Whether you eat your bread or see it vanish into a looter's stomach, is an absolute.)
To: Reagan is King
On conference call with House GOP members Boehner says they have to stick together as a ‘team’ to not be minimized by Dems - NBC News
No Boehner, you have to stick to conservative values - not your RINO BS
To: SDShack
A real Cut or just a Reduction in the BLOATED rate of increase? Figures dont lie,but LIARS sure can figure
To: SDShack
This plan will last until 6:00 PM, when Obama meets with Pelosi and Reid.
19
posted on
07/24/2011 2:48:02 PM PDT
by
popdonnelly
(The Liberal Era is over.)
To: EBH
Dem aide: topics for WH meeting this evening: 1) How Boehner plans to move 2) Reid’s $2.5T plan - NBC News
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