Suprise, suprise!
Oddly enough, the cuts never materialized and the 'Pukes had their asses handed to them.
Somebody ping The Republican Party. If you cave now, you're toast in 2012. You might as well give standing firm a shot. At least you'll have a shot at getting re-elected. Otherwise, sayonara.
If the Repubs fold there will plenty of new Conservatives in Puzzle Palace next year.
It’s not when it ends, it’s when it starts.
I thought this was an original requirement only if the total budget cuts didn’t exceed the debt increase. It seems the part about automatic additional cuts if not agreed to would cover this.
Frankly, I’m getting a little tired of this “caving” talk. If it were not for these pubbies that are accused of caving all the time their would not even have been a show down on this debt ceiling. It would have quietly passed months ago on a voice vote or motion for unanimous consent.
Further, if not for the pubbies we would have been subject to who knows what new spending proposals over the past year. If anything, even if if they totally caved (which they have not) they at least focused the nation on spending and debt rather than what additional federal programs would be really neat to have.
“deal now involves making sure it would go past the 2012 elections and would mean one dollar cuts for each two dollars of debt ceiling increase, with immediate cuts being tiny. “
Bah, that’s what the Dems wanted, but saying they’ll get it doesn’t make it so.
Every Saturday before a big topic is discussed on the Sunday shows the media always have a “hot” leak that shapes the discussions so the Republicans are off point.
Surprise, it happened again, just like always.
The reason the "Tea Party" is under such concerted attack from both elected Republicans and Democrats is that they (possibly) do not share these fundamental premises, which are the foundation of the post-1933 American state.
The elected Republicans, and the Democrats, also share the belief that even a reduction in rates of increase in "programs" will trigger violence on an almost unimaginable scale.
The reason they don't do what normal, psychologically healthy people would do under threat - say, "Bring it on and we will shoot you down in the gutter" - is because elected Republicans and Democrats also share the belief that socialism is basically RIGHT and that capitalism is fundamentally WRONG.
So, it is wrong to say that the Republicans are "folding" - they do not share your fundamental beliefs and they never did.
They are just doing what they must to keep their dying world alive for a few more years.
If they fold, they must have decided to become as irrelevant as the Whigs
Jul 31, 2011
Sen. McConnell: ‘Very close’ to debt-limit deal
“McConnell said the deal would call for an increase in the nation’s $14.3 trillion in borrowing authority plus $3 trillion in spending cuts. The debt limit would be raised in two stages, with some sort of mechanism to increase the ceiling again next year.”
Suprise, suprise!
It would require them to fold - it’s not certain it will happen.
Let’s see what happens before we get our panties to far up our cracks...
They're not folding. They've supported a two to three TRILLION dollar increase in borrowing and spending authority from day one.
Here is what is being reported by the Atlantic:
Other component parts of the tentative deal include:
$2.8 trillion in deficit reduction with $1 trillion locked in through discretionary spending caps over 10 years and the remainder determined by a so-called “Super Committee.”
The Super Committee must report precise deficit-reduction proposals by Thanksgiving.
The Super Committee would have to propose $1.8 trillion in spending cuts to achieve that amount of deficit reduction over 10 years.
If the Super Committee fails, Congress must send a balanced-budget amendment to the states for ratification. If that doesn’t happen, across-the-board spending cuts would go into effect and could touch Medicare and defense spending.
No net new tax revenue would be part of the special committee’s deliberations.
The CBS version also sounds different from what you heard:
http://www.cbsnews.com/stories/2011/07/31/politics/main20085985.shtml
aka.. 'compromise'.
Dims don't compromise, they just badger you into submission.
that is a very big fold