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Obama, Congress reach a debt deal
Associated Press ^ | July 31, 2011 | DAVID ESPO

Posted on 07/31/2011 5:58:37 PM PDT by Free ThinkerNY

WASHINGTON (AP) -- Racing the clock to avoid a government default, President Barack Obama and Republican congressional leaders reached historic agreement Sunday night on a compromise to permit vital U.S. borrowing by the Treasury in exchange for more than $2 trillion in long-term spending cuts.

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Breaking News; News/Current Events
KEYWORDS: 0bamarigged; 112th; bho44; boehner; debt; fedzilla; gop4obama; gopsellouts; mcconnell; obamarigged
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To: Free ThinkerNY

Not so fast. I want tehe tea party freshemen in the house to
read tghis peice of offel before anyone toutes a deal.

There is NO DEAL until it passes the House.Obama is an idiot. Boehner has proven he is not much better.We now know where our conservative loyalties should lie.


21 posted on 07/31/2011 6:08:57 PM PDT by Candor7 (Obama fascist info..http://www.americanthinker.com/2009/05/barack_obama_the_quintessentia_1.html)
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To: paul revere is riding

Rush warned and predicted the Republicans would be sucked in and the entire charade would become the “Obama” deal.


22 posted on 07/31/2011 6:08:57 PM PDT by rjsclassics (bringing people together)
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To: Free ThinkerNY

msnbc-$1 trillion
cnn-$3 trillion

And cnn saying military could not be paid on Aug 15 if this deal isn’t approved.

So now boner has to get in bed with nancy. I’ll be she’ll make him cry.


23 posted on 07/31/2011 6:10:13 PM PDT by Terry Mross (I'll only vote for a SECOND party.)
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To: Free ThinkerNY

This is suicide - only the slow painful version.


24 posted on 07/31/2011 6:10:15 PM PDT by TomServo
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To: Free ThinkerNY

Obama didn’t do squat. He’s trying to save face.


25 posted on 07/31/2011 6:12:23 PM PDT by popdonnelly (The Liberal Era is over.)
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To: Free ThinkerNY

The big lie in this whole drama has been the spectre of “government default.”

Zero himself told the big money banks that there was no chance of a default.

As usual, the Pubs lost control of the narrative—Hell, their “leaders” kept invoking the term to bludgeon their own caucus into line.


26 posted on 07/31/2011 6:12:49 PM PDT by Arm_Bears (I'll have what the gentleman on the floor is drinking.)
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To: paul revere is riding
the cuts are to the Pentagon and Medicare

Anybody who votes for these cuts BEFORE welfare benefits are cut will be targeted.

27 posted on 07/31/2011 6:13:20 PM PDT by ladyjane
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To: Free ThinkerNY

Government spending will continue unabated, out of control.

Since government spending is considered to be part of the GDP, the latest spending spree will serve to pump up the already phony GDP numbers, to keep the so-called “recovery” alive until the next election.

FUBO, and every one of your posse of Rats’n’RINOs.


28 posted on 07/31/2011 6:14:06 PM PDT by Fresh Wind ('People have got to know whether or not their President is a crook.' Richard M. Nixon)
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To: Free ThinkerNY

This is hilarious! Obama throws Dingy Harry under the bus to salvage some sort of relevance.

I shudder to think what any of this would look like if we hadn’t busted our asses during the 2010 elections.

Saddle up! We got work to do.


29 posted on 07/31/2011 6:14:38 PM PDT by REDWOOD99 ("Earth first! We can log the other planets later")
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To: Free ThinkerNY

It won’t pass in the house when they vote on it tomorrow. This is AP...


30 posted on 07/31/2011 6:14:46 PM PDT by Mogollon (Resistance to tyrants is obedience to God. -- Thomas Jefferson)
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To: IllumiNaughtyByNature

Where’s the other $2 Trillion? And what’s on the front end????


31 posted on 07/31/2011 6:15:09 PM PDT by cookcounty (Nullius in Verba. "Take no man's word for it.")
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To: Free ThinkerNY

Speaker Cave-In, “we got 98% of what we wanted.” Wrong, Boner, we got shafted by the republicans again.

This is line by line B.S.


32 posted on 07/31/2011 6:15:29 PM PDT by Founding Father (The Pedophile moHAMmudd (PBUH---Pigblood be upon him))
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To: Errant

http://www.LivingInThePhilippines.com


33 posted on 07/31/2011 6:15:29 PM PDT by 2ndDivisionVet (I'll raise $2million for Gov. Sarah Palin. What'll you do?)
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To: Free ThinkerNY

What are the details? Long term cuts means, nothing.


34 posted on 07/31/2011 6:15:37 PM PDT by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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To: Fresh Wind

Ok, great. Gives us more time to prep, purchase food, ammo, guns, etc.


35 posted on 07/31/2011 6:15:43 PM PDT by LibsRJerks
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To: Free ThinkerNY

to permit vital U.S. borrowing by the Treasury in exchange for more than $2 trillion in long-term spending cuts.

Borrowing generally implies an intention for paying it back someday.


36 posted on 07/31/2011 6:16:00 PM PDT by Huskrrrr
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To: ladyjane

If I’m hearing him right, Huckabee is saying that pubs got 98% of what they wanted!?!?! He thinks this is the balanced budget to be signed.

Me? I say it has not even been voted through yet..Bama is counting his chickens before they are hatched. I’d love to see him get embarrassed for announcing something he says is done, but in reality..it hasn’t even been passed yet.

We’re going to get downgraded anyway..why sign this puke bill on top of it?


37 posted on 07/31/2011 6:17:24 PM PDT by stillafreemind
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To: Fresh Wind

Is “RINO” a legitimate term anymore? Seems like they outnumber conservatives in Congress time and time again, even when we try to correct this via the Primary process.

I don’t even know if a third party would work. If it failed, all conservative representation could be lost. If it succeeded, you’d have *RINOS* from the GOP jumping ship to cash in on the success.

We’re screwed. Until we get people we can trust in leadership positions, we’re just flat out screwed.


38 posted on 07/31/2011 6:17:44 PM PDT by parksstp (Articulate Conservatives look for Converts. RINO's look for Democrat Heretics.)
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To: IllumiNaughtyByNature
well K street demands the cash to keep flowing so Bonehead and Mitchy followed their orders and kept the money flowing to their real bosses on K street.
We were screwed as usual and one week from now we will find out what a disaster the deal was !

We need to drive the K street puppets Bonehead and Mitch from office ! >

39 posted on 07/31/2011 6:17:50 PM PDT by ncalburt (NO MORE WIMPS need to apply to fight the Soros Funded Puppet !)
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To: Free ThinkerNY
Our Children and Grandchildren are screwed.
40 posted on 07/31/2011 6:18:10 PM PDT by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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