Posted on 07/14/2011 7:09:59 PM PDT by Sub-Driver
John Boehner: New debt option ‘may be worthy'
By: David Rogers July 14, 2011 09:12 PM EDT
With White House debt talks at a make-or-break stage, Speaker John Boehner signaled Thursday that he’s open to new options to avert a default next month, including a novel Senate plan that would surrender much of Congress’s power over Treasury’s borrowing to the president.
It would be a remarkable shift for House Republicans — something like telling Pickett’s charge to go around Cemetery Ridge and not up it. And Boehner’s remarks may be a ploy as he keeps throwing out options to his rank and file in hopes that they come around to the merits of the $4 trillion grand bargain he attempted with President Barack Obama last week — before being pulled down by the right.
But time is running short, and to describe Congress as a confused, even panicky army at this stage is not an overstatement. Senate leaders in both parties already are working on some survival strategy. And Obama, who will address the debt issue at a press conference Friday morning, will be forced to do the same unless he can salvage a more meaningful deficit reduction strategy over the weekend.
The genius of the plan put forward by Senate Minority Leader Mitch McConnell (R-Ky.) is that it gives lawmakers what politicians most love: an out. But it’s so obvious in doing so that deficit hawks are dismayed at the crossroads Congress has reached.
As outlined by McConnell, Congress would temporarily surrender its power to approve any increase in the debt ceiling.
(Excerpt) Read more at politico.com ...
If Obama wins in 2012 it will be because of crap like this.
Then again McConnell might announce a plan to beat Obama by making him dictator for life. “Then he can have all the blame” McConnell will say.
This is an act of War,By the weeper and is going to be the tool of his political demise.
But again the fix is in and he can play Golf the rest of his life.
Bonehead One more thing,a little thing at that ;BUT YOU WORK FOR US, Douche Bag!!
No, no, NO!
No deal means Obama decides what to cut.
No deal means immediate cuts.
No deal means obama loses in ‘12.
No deal means no immediate huge increase in debt.
Yes deal means immediate huge increase in debt.
Yes deal means obama wins in ‘12 and a 3rd party overtakes Rs
Yes deal means no immediate cuts and no cuts ever [10 years out? Seriously?]
THERE IS NO PRESSURE FOR A DEAL.
The only deal that works is $1 raise for $1 cuts now.
As outlined by McConnell, Congress would temporarily surrender its power to approve any increase in the debt ceiling.Under the constitution (Congress treats toilet paper better than it treats the constitution), the power to borrow money belongs to Congress. Period.
They can't surrender that power, and I'm not sure they can delegate it.
The GOP is so big about showing the people where, in the constitution, they find certain powers. So, where do McConnell and now Boehner find, in the constitution, a power for the president to borrow money over the objections of a majority of Congress?
I'm rooting for a big collapse - Congress needs to go down, HARD and FAST.
"A plan not merely worthy, but brilliant!" exclaimed John Boehner. "Now let us all eat ice cream and adjourn to the golf course."
Mr. niteowl77
This will help...the GOP SUCKS>>
•1 1/2 oz tequila
•1/2 oz triple sec
•dash of lemon or lime juice
•3 oz sour mix
•lime wedge for garnish
•salt or sugar to rim the glass (optional)
Boehner is going wobbly on us.
I’m guessing he must not like his job much. Looks like we might have to fix that next election cycle.
It doesn't take long for this article to show that its full fledged crap, with the strawman premise that no ceiling increase leads directly to default. Its not worth even the few bits that it takes up on anyone's PC.
I believe nothing from politico, absolutely nothing.
He hasn’t taken it off the table, doesn’t mean he’ll buy into it. All these articles, media spins are aimed at dividing and conquering the Repubs. Time for more phone calls to remind them to stand strong. Make the dem’s blink.
The big question is:
Where does the HOR’s stand on this McConnell crap?
Sigh. I hope this isn’t true.
And yes, one of the problems is that once Congress starts “delegating” its powers to the Executive, where does it stop? Do they just plan to hand over everything to Bambi and let him do what he wants, simply because he pitched a fit the other day?
I can’t believe this is even constitutional.
“This will help...the GOP SUCKS>>
•1 1/2 oz tequila
•1/2 oz triple sec
•dash of lemon or lime juice
•3 oz sour mix
•lime wedge for garnish
•salt or sugar to rim the glass (optional)”
LMAO Good ,Very Good!
Actually it more like telling Picket's men to kill each other.
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