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Debt Deal Reached?
The Weekly Standard ^ | 7-31-2011 | John McCormack

Posted on 07/31/2011 1:37:38 AM PDT by Colonel Kangaroo

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To: RC one

At this point, I am beginning to think that no deal is the better of worse options IF this is what we are looking at.
We really haven’t been shown anything yet. This is a balloon and we should pop it even before it starts to float.


21 posted on 07/31/2011 3:44:53 AM PDT by MestaMachine (Guns don't kill people, the obama administration does. (Gunwalker Ping List))
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To: Colonel Kangaroo
The 2012 election is the main event.

I agree. And the basics of this agreement, if they pan out, sound helpful in that regard, and quite an accomplishment for where we are now.

22 posted on 07/31/2011 4:05:06 AM PDT by D-fendr (Deus non alligatur sacramentis sed nos alligamur.)
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To: Colonel Kangaroo

The solution is to freeze the debt limit, and cut spending to match income. Get ride of rogue agencies such as EPA, DOE, NEA, OSHA, and EEOC. Cut welfare, especially to those that never paid into the system. Cut ALL benefits to illegals. Then start trimming the important stuff.


23 posted on 07/31/2011 4:13:17 AM PDT by meyer (We will not sit down and shut up.)
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To: Colonel Kangaroo

This is but another scam from the professional politicians on both sides of the aisle.
Until we force government to zero-based budgeting they will continue to show us ‘deficit reduction’ in this manner. Only these gasbags tell us that what they now intend not to spend based on (likely false) CBO projections of revenue is a real reduction in spending. The CBO projections factor in growth that may or may not happen, and they look out three to five years.

Zero based budgeting, along with balanced budget requirement and Constitutional validation of expenditures (via the enumerated powers), will go a long way to assuring fiscally responsible government, at all levels.


24 posted on 07/31/2011 4:17:53 AM PDT by PubliusMM (RKBA; a matter of fact, not opinion. 01-20-2013: Change we can look forward to.)
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To: AU72

Make me emperor an I will do it in two.


25 posted on 07/31/2011 4:22:11 AM PDT by mad_as_he$$
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To: Colonel Kangaroo
Final act nearing?

Maybe. Or is this a leak allowing the WH to see what the reaction of the public is?

Remember 2 weeks ago when it appeared there was a deal, some Sen. dems squawked loudly about being "out of the loop" and then Obama wanting $400B in taxes? My take is that there may be a deal if the Tea Party voters accept this and the whacky left accepts it.

26 posted on 07/31/2011 4:24:13 AM PDT by mlocher (Is it time to cash in before I am taxed out?)
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To: MestaMachine

But if there are no new net tax revenues (increases), then it is a wash. In other words, taxes can be raised to close loopholes if the overall tax rates lowered. I hope that’s what it means.


27 posted on 07/31/2011 4:26:17 AM PDT by WashingtonSource
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To: conservaterian

Once again this is a con job.

1) The Tea Party puts up a budget (several actually),
2) the Democrats says it’s unreasonable,
3) the Democrats gather a few RINOs and say they have a “bi-partisan” solution,
4) the MSM touts how much the Democrats have compromised,
5) Tea Party members are bashed for not giving in.

This has happened several times already. Last time the House Tea Party members got burned. I don’t think they’re going to let that happen again but I’ve been disappointed before.


28 posted on 07/31/2011 4:31:02 AM PDT by HarleyD
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To: NTHockey

“Across the board” to me means everybody gets hit the same. <<

How do you hit 47% that pay no taxes?.....with no skin in the game its a losing cause...


29 posted on 07/31/2011 4:55:45 AM PDT by M-cubed
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To: Jonty30

Correct, they will then double you taxes and hire more police to protect themselves.


30 posted on 07/31/2011 4:55:54 AM PDT by org.whodat (What does the Republican party stand for////??? absolutely nothing.)
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To: Colonel Kangaroo

These “deals” keep getting worse and worse. I hope Boehner loses his speakership over this.


31 posted on 07/31/2011 5:03:16 AM PDT by vmivol00
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To: mad_as_he$$

“Make me emperor an I will do it in two.”

LOL John Stossel did it in about 10 minutes when I saw his show yesterday. He got rid of a ton of govt agencies and their subsidiaries.


32 posted on 07/31/2011 5:08:59 AM PDT by freeangel ( (free speech is only good until someone else doesn't like it)
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To: WashingtonSource

Not a damn wash, the rinos and rats have kicked the can. And have increased the odds of a second Obummer term.


33 posted on 07/31/2011 5:09:10 AM PDT by org.whodat (What does the Republican party stand for////??? absolutely nothing.)
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To: Lancey Howard

Heck, why have a “committee” why not just a
Budget CZAR. /S


34 posted on 07/31/2011 5:15:20 AM PDT by tet68 ( " We would not die in that man's company, that fears his fellowship to die with us...." Henry V.)
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To: Colonel Kangaroo
The 2012 election is the main event.

I think we need to save every sound bite and written word from those involved to throw back at them during the election. They will not be able to run from the decisions they have made.

35 posted on 07/31/2011 5:18:33 AM PDT by clove (God, Family and Country, the truth will live!)
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To: HarleyD
The Tea Party need only stand by the Constitution!...
ART. 1 Sec. 7.....(ALL BILLS RAISING REVENUE SHALL ORIGINATE IN THE HOUSE OF REPRESENTITIVES....) They should be shouting it from the rooftops!..They have done their job..2 bills to pick from...its up to the Senate and the POTUS now...except 1 of the bills or go into default!!

None of this talk about compromise!..the Compromise is built into the Constitution via 2 houses!

Time for all of the Tea Party members to give the MSM a lesson on the constitution!!...Don't let “compromise” become the issue...(it's not in the constitution)...Its been done!

36 posted on 07/31/2011 5:20:37 AM PDT by M-cubed
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To: M-cubed
Compromise

I am sick of hearing about compromise. It is only compromise if we do it "their" way!

37 posted on 07/31/2011 5:22:09 AM PDT by clove (God, Family and Country, the truth will live!)
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To: Colonel Kangaroo
This "plan" pushes the crisis beyond the next presidential election - EXACTLY WHAT OBAMA WANTS and WHAT REPUBLICANS SHOULD NOT GIVE HIM!

The leadership of the Republican Party has shown itself to be worse than Democrats. Republican leaders are sneaky traitors to fiscal responsibility while double dealing against their own strongest and most patriotic members.

No raise in the debt ceiling is the best possible option.

The sky won't fall.

The Democrats will be shown as liars.

Real cuts will have to be made immdediately.

The world's investors will regain confidence in America's seriousness about its debt.

38 posted on 07/31/2011 5:26:50 AM PDT by NoControllingLegalAuthority (Where is the middle ground on insolvency of the United States government?)
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To: freeangel

I saw some of that. What a mess, 400 subsidies in the Dept of Ag(I think it was). Man I could have fun cleaning that up.


39 posted on 07/31/2011 5:29:16 AM PDT by mad_as_he$$
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To: Colonel Kangaroo
Anyone notice HUSSEIN doesn't have to recommend any spending cuts? That is the ONE thing about McConnell's plan that was good...and in this plan, Hussein just gets to sit back and gawk.
40 posted on 07/31/2011 5:31:26 AM PDT by Recovering_Democrat
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