[Sacajaweau]

The super committe ended with “0” result.

[Timber Rattler]

Plan “B” and the “Super Committee” was Mitch McConnell’s brainchild. He was trying to find a way to short circuit the TEA Party freshmen who were gumming up Boehner’s best efforts at surrender, and went into cohoots with his good friend Reid to implement this scheme. The GOP got nothing and Reid and Pelosi got everything.

[Savage Beast]

If Republicans are stupid and weak enough to be seduced they should be kicked out of office pronto!

[jmax]

We can always trust the GOP on this. Why, I can remember when George H. W. Bush looked out for us and said READ MY LIPS....NO NEW TAXES ! And, sure enough there were no new taxes. hu...what....er...ugh...oh, he did? Well, er, ugh...at least it made us feel good for a while.

And, no doubt Boehner and McConnell will make us feel real good....we can trust them.

BARF

[stephenjohnbanker]

PING

[snowsislander]

There’s probably no bit of fiscal insanity any more plainly, obstinately stupid than raising taxes when the economy is weak.

[sickoflibs]

RE :”The statists saw this super-committee as a vehicle to seduce Republicans into a tax hike. They knew that some GOPers are perpetually gullible and would be susceptible to the siren song of a “balanced approach” – even though that inevitably means higher taxes and never-fulfilled promises of future spending restraint.
But they also had a back-up plan. They got Republicans to agree that there would be automatic spending cuts – known as sequestration – if the super-committee failed to produce an agreement. And they convinced GOPers that half of these automatic cuts would come from the defense budget, even though military spending is only about one-fourth of total federal spending.
The left figured that the threat of a military sequester would scare some pro-defense GOPers into supporting a tax hike. Maybe not as part of the super-committee deliberations, but perhaps as we got closer to January 1, 2013, which is when the sequester was scheduled to take effect.
Well, the super-committee thankfully didn’t reach an agreement because not enough Republicans were foolish enough to support a tax hike. But now the left’s back-up plan is being implemented. Senator Harry Reid, supported by the White House, is saying that the sequester will go into effect unless GOPers surrender to a tax hike. Here’s some of what the Associated Press reported.”

This was this Republican House session's signature (and only) achievement. And like the automatic defense cuts the tax increases are automatic. Paul Ryan voted with Pelosi for this and he got on camera praising it.

Now Obama is saying he would veto any attempts to undo the cuts without ‘deficit reduction ‘(ie tax increases) with Leon Panetta at the same time saying it will destroy our military.

Now Ryan and Co are campaigning on undoing their signature (and only) achievement. This is pathetic. “Just put Republicans in charge and great things will happen” we were told over and over. They demanded this bill, this was their deal. It also took all spending cuts off the table till the election as well as authorizing $3T in debt to get Obama through the election.

By the way, ordinary spending bills signed into law undo the 'automatic' spending cuts.

[DNME]

Here’s another way to look at this.

Yes, there is waste in the defense budget. And while the sequestration cuts would be painful, I don’t think they would be fatal. Bring home 90 percent of the troops in Germany, Italy, Britain and Japan, mothball a carrier group or two, delay a few procurement programs ... we could survive the cuts. Enough of the military would remain to provide for our defense, and we could always boost our strength back up again rather quickly if the need arose.

The part that interests me, however, is the OTHER HALF of the sequestration equation. The White House and Whorehouse Harry Reid have FEROCIOUSLY fought ANY cuts to ANY other government spending. Everything is sacred to them and none of it can EVER be cut, or so they say.

So if they wanna play chicken — bring it on. We know the military can survive the cuts. But will Obummer and Harry Reid accept the cuts coming down on THEIR side of the ledger, and the bad publicity that goes with them?