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Posted on 07/24/2011 6:10:16 PM PDT by swamprebel
“...and it will not include revenues”
as in, we won’t pass law concerning responsible means to revenue and we will increase taxes again as soon as you aren’t paying attention. We know your attention span is about as long as our sound bites.
Here’s something interesting [to me] that I came across accidentally.
When things end up passing, a reconciliation can be forced. At that time, can CCB be put in its place? It would pass the House of course ... and the thinking ‘round here is that it would pass the Senate.
It has the side benefit of screwing the Dems via reconciliation too.
In other words, increase the debt by $100 billion, cut the baseline by $100 billion. It may be better than what the Dems were offering, but they weren’t offering anything before. This isn’t much better, particularly if the spending cuts are in outlying years.
How much are the cuts in 2012? How will the CBO score this?
When will it be in writing and voted on? Just more crap.
LOLOLOLOLOLOLOLOLOLOLOLOLOLOL.
The Repub’s should know by now, it goes all the way back to Reagan if not further that they have lied about the “future” cuts.
You don’t have to go as far back as Reagan. The CR Deal that Bonehead and Cantor made promised 36 Billion in cuts. It delivered about 350 million after the DC Accounting Trickery.
CUTS NOW For Debt Increase.
You can not make a deal with the devil...... and come out on the winning side.
If the proposal cuts spending, why increase the debt ceiling limit? Smoke and mirrors, people.
The devil is in the details. I just went over to the Huffington Post to see how the kooks reacted to this. They are split between anger, dismay and absolute freak out at 0zer0 and Reid. They think this plan, especially the no taxes, is a complete cave to the Repubs and Tea Party. We just need to hold firm, keep the pressure on and make this their Waterloo.
Oh wait, that's right...Hussein's allies in Congress haven't produced a budget for more than 800 days!!!
To pretend like these fascist morons are serious about America's fiscal health is an exercise in stupidity.
God speed, John Boehner. Stand fast.
I wish they would cave. My take is that it cuts spending by $270B a year and pushes the next time the ceiling will be reached until after the 2012 election. Remember, Obama has had annual budgets with $1.6T deficits, and this would simply put it in the range of the $1.3T range -- still a very huge problem.
Reid's plan simply lets government grow at a slightly slower pace, unchecked, until AFTER the election. The dems want the issue on the back burner, while giving the appearance they are dealing with it.
The MSM, however, will blame the Tea Party Congress when S&P and Moody's lowers the credit rating. However, the smoke will eventually clear ..... Who would have thunk that S&P and Moody's would play such an important role in all of this?
1) It gets them past the 2012 election
2) It includes NO balanced Budget Amendment provision
3) It offers NO mechanism by which to HOLD CONGRESS or the PRESIDENT to the “proposed cuts” they claim to be setting forth....
The measure is deemed insufficient on at least these 3 grounds.....
There's no question we must have #3, which #2 provides, but the BBA wouldn't be before the next congress anyway. We can do #3 at the ballot box in 2012.
This will be like April:
It will look like (and in many ways be) a ‘cave’ by the Democrats, but when you open the package, you find the ‘cuts’ are a pile of cr*p.
Sooner or later, they will run out of cr*p to call ‘spending cuts’ and they will have to do real cuts.
Why harry Reid does NOT want a short-term deal: He doesnt want the Dem senators on the hook for tough votes.
I’d say take the deal, and come September 30th, demand a FY 2012 cut.
All of the first year cuts are FY 12. We are on a CR for the balance of FY 11.
The MSM won’t even try to blame the Tea Party for a credit downgrade. That spin is beyond credibility, given that the Tea Party was born to stop the spending.
Obama will be blamed for a credit downgrade. Deservedly so.
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