Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: pabianice

The Obamunists don’t want a deal.

One little-noticed detail of the set-up is that the automatic cuts if the committee doesn’t agree don’t take effect until the fiscal year beginning Oct 2012.

So the committee fails in December, but the automatic cuts don’t take effect until about the time of the election.

Obama runs on the Republicans gutting government services and defense and throwing grandma off a cliff to hit about election time and refusing to raise taxes on the rich.

He’s taken the mountain of debt off the table as an issue, since the debt deal gets him past the election as far as that is concerned.


32 posted on 08/15/2011 8:36:35 AM PDT by Meet the New Boss
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Meet the New Boss
Actually, the most recent 2 projections show the Kenyan hitting the debt ceiling **again** in either Sep or Oct next year.

And THAT would be fascinating. Likely, too, since he's already blown through $300+ billion since that odious debt ceiling "deal" was passed. In 3 weeks' time; you do the math.

33 posted on 08/15/2011 9:01:22 AM PDT by SAJ (Zerobama -- a phony and a prick, therefore a dildo)
[ Post Reply | Private Reply | To 32 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson