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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: princess leah

The Live Thread says that Boehner is thrilled about how they “changed the terms of the debate” in Washington which is not good news.


61 posted on 07/31/2011 6:27:21 PM PDT by Miss Didi ("After all...tomorrow is another day." Scarlett O'Hara, Gone with the Wind)
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To: 2ndDivisionVet

Do you know anything about Belize?? lol It’s closer and I can make it by private plane with only one hop...


62 posted on 07/31/2011 6:27:42 PM PDT by Errant
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To: JessieHelmsJr

I wonder what boner would say if the tea party congress folk went to him and told them they were going to start a third party and vote nancy as speaker. Talk about going on a crying jag!


63 posted on 07/31/2011 6:27:50 PM PDT by Terry Mross (I'll only vote for a SECOND party.)
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To: IllumiNaughtyByNature

With baseline budgeting raising spending by probably $5 Trillion over the 10 years, the cuts are MOOT AND FAKE!
Vote them all the hell out!


64 posted on 07/31/2011 6:29:01 PM PDT by Shady (Capitalism works for men who do. Socialism works for men who donÂ’t The numbers do not lie.)
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To: no-to-illegals

There is NO deal?
Not a single vote has been taken?
What kind of crappy reporting are we watching?
Hopefully this will go down in flames like every other halfbaked “deal”


65 posted on 07/31/2011 6:29:19 PM PDT by wilco200 (11/4/08 - The Day America Jumped the Shark)
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To: guido911
You give me one good gd reason why this wasn't done a month ago. This isn't democracy...

Obama is nothing more than dictator.

66 posted on 07/31/2011 6:29:48 PM PDT by Sacajaweau
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To: Captain Peter Blood

67 posted on 07/31/2011 6:29:54 PM PDT by Errant
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To: IllumiNaughtyByNature

$2 a year for a trillion years....


68 posted on 07/31/2011 6:29:57 PM PDT by mikrofon (It might as well be...)
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To: Shady

How about $10 to $15 Trillion over 10 years???


69 posted on 07/31/2011 6:30:02 PM PDT by Captain Peter Blood
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To: stillafreemind

Has huckster got a squirrels tail hanging out of his ear????


70 posted on 07/31/2011 6:30:15 PM PDT by org.whodat (What does the Republican party stand for////??? absolutely nothing.)
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To: Free ThinkerNY

Republican leaders are not telling us the truth, they are thieves just like the democrats......

Boenher has to go....

McConnell needs to go....


71 posted on 07/31/2011 6:30:20 PM PDT by stockpirate (Proud member of the TEA Party Hobbits.........remember the hobbits won the day)
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To: freedumb2003

since when did you start believing what Obozo says?

He lies all the time!


72 posted on 07/31/2011 6:30:28 PM PDT by Recovering Ex-hippie (where is the Great Santini when we need him??)
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To: Errant
I like the Philippines and Singapore for their all-around features and not having to learn Spanish. Almost everyone there speak at least some English. English is taught in their schools. Also they're very inexpensive compared to here, but both have an abundance of doctors, nurses, dentists, etc.
73 posted on 07/31/2011 6:30:52 PM PDT by 2ndDivisionVet (I'll raise $2million for Gov. Sarah Palin. What'll you do?)
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To: Errant

You got that right, so lets kiss and drive off that cliff!!


74 posted on 07/31/2011 6:31:06 PM PDT by Captain Peter Blood
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To: parksstp
Is “RINO” a legitimate term anymore?

Yes, it refers to someone who purports to be a Republican but does not support the party frequently enough. It is continually misused in this forum by people for whom semantics were an option when they learned English.

75 posted on 07/31/2011 6:31:23 PM PDT by af_vet_1981 (The bus came by and I got on, That's when it all began,)
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To: Captain Peter Blood

People need to get a grip on reality. As long as Obama and Reid control the presidency and the Senate, there is not going to be a solution to the long-term spending problem.


76 posted on 07/31/2011 6:31:59 PM PDT by mrs9x
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To: Free ThinkerNY

It will have the votes. Pelosi/Hoyer will ensure enough Dems vote for it, which will allow an increase in the number of GOP defectors without issue.

Plus, I’m just going to put this out here now. We all know a consensus on this other 1.8 trillion isnt coming by Thanksgiving. When it doesn’t happen, the Dems will blame GOP for both the mandatory cuts to Medicare and Defense. Since Boehner has already shown he is weak-kneeed, they’ll pass something in November to prevent these “mandatory” cuts from taking place when an agreement isn’t reached.


77 posted on 07/31/2011 6:32:51 PM PDT by parksstp (Articulate Conservatives look for Converts. RINO's look for Democrat Heretics.)
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To: REDWOOD99

for many posters...they have already given up..’what’s the point “ they say..we lost. it will never get better, blah, blah.

Rush was right. conservatives still buy into a belief they are losers. and it sure gets heard here...”It’s hopeless”.

You are right...we got work to do...for those who want to not give up.


78 posted on 07/31/2011 6:33:41 PM PDT by Recovering Ex-hippie (where is the Great Santini when we need him??)
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To: Errant

Am I John Galt?


79 posted on 07/31/2011 6:34:02 PM PDT by Twinkie (It's the STUPID SPENDING, Stupid!)
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To: wilco200
There is NO deal? Not a single vote has been taken? What kind of crappy reporting are we watching?

This is the lame-stream media attempting to control the narrative. They want to create an air of "it's all settled" so if any Tea Party House members try to thwart it, they are immediately branded as buzzkillers.

Bastards all.
80 posted on 07/31/2011 6:34:08 PM PDT by LostInBayport (When there are more people riding in the cart than there are pulling it, the cart stops moving...)
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