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 ...
Remember, for Democrats, going from a 10% increase to a 5% increase is a “cut”.
Who is Tyler Durden and why should we believe hin? This site is a blog.
I don't understand. Does this mean they extend (increase) the debt ceiling until the end of next year? Does it go back down at that time? Does "end of year" mean fiscal year so the lie is exposed before the 2012 election?
Smoke mirror circus
He lost his cool the other night because he knows he wont get what he wants if we remain united.
His entire 'fundamental change' plan for America depends on this, as well as his fund raising. He's void of negotiaing skills.
Doing it by Executive order is the ultimate temper tantrum
And the baseline will interesting since the Dems increased discretionary spending by 24% over the past two years. Lots of smoke and mirrors, but at last we will have something to compare our plan with theirs. Should make for some interesting discussions. Let the games begin.
That made my day!!!
It’s fake “cuts” like the last deal Obama cut with Bohner.
Dang..just go read the reporters twitter feed if you don’t believe it.
Btw, one of the persons who broke the Gunwalker story posts and continues to post on a Blogspot.
The debt ceiling never goes down. The entitlement programs are the biggest driver of our debt. 51% of Medicare expendiutres come from the General Fund. And with 10,000 baby boomers retiring every day from now to 2030, these costs will balloon and consume by that time at least 20% of the total federal budget.
Like I said GO TO THE CNN REPORTER’S TWITTER FEED.
If so, the GOPers must read. digest and vet every single word. TAKE NOTHING AT FACE VALUE!!! The dems are wired for treachery, so make absolutely sure there`s no gimmickry.
You’re wasting my time. I asked a simple question that you don’t seem to be able to answer. Who is Tyler Durden?
The point being..YOU DO NOT HAVE TO BELIEVE TYLER DURDEN. GO READ THE REPORTER’S TWEET THAT HE WAS POSTING.
My greatest fear is the GOP will fall for this sort on nonsense. What counts are cuts in 2012 and 2013. That's all you can take to the bank.
or hey, why don’t you google instead of asking people
http://en.wikipedia.org/wiki/Zero_Hedge
You might see things like this:
“Zero Hedge is an American financial blog. It reports on Wall Street and the financial sector and is credited with bringing the controversial practice of flash trading to public attention in 2009 via a series of posts alleging that Goldman Sachs’ access to flash order information allowed the firm to gain unfair profits. “
lol, wikipedia, the most reliable source on the internet.
wow, you don’t know how to do your own research. Why ask people.Find out for yourself.
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