I predict bovine excrement!
Posted on 07/25/2011 6:29:24 AM PDT by Hojczyk
Senate Majority Leader Harry Reid is set to introduce a $2.5 trillion all-cuts spending plan today with no new tax hikes. The plan meets GOP requirements that the debt ceiling be increased with dollar for dollar spending cuts. The Politico reported:
Democratic leaders said on Monday that they are looking toward Senate Majority Leader Harry Reid’s upcoming new proposal to raise the debt ceiling as offering “hope” for a deal – and warned time is fast running out.
“I think we’ve got 48 hours within which to do something very, very meaningful,” Assistant House Minority Leader James Clyburn (D-S.C.) said on MSNBC’s “Morning Joe.”
The plan that leads to progress, he said, could be Reid’s Sunday proposal, which would cut at least $2.7 trillion in spending and be matched by an equal increase to the debt ceiling.
Citing Reid’s plan, Sen. Chuck Schumer (D-N.Y.), the third-ranking Senate Democrat, said, “I think there’s some hope today” for progress.
“Sen. Reid is going to put forth an offer that meets the Democrats’ main criteria, going past 2012, and the two Republican criteria — enough cuts to equal the amount you raise the debt ceiling and no revenues,” Schumer said on MSNBC. “And I think that has some hope.”
Reid’s as-yet-to-be-unveiled plan, Schumer said, has the potential to be sufficiently conciliatory to House Speaker John Boehner’s (R-Ohio) caucus that an agreement can be reached. “Hopefully it’s the kind of thing that Speaker Boehner can rally his tea party troops toward,” he said.
It’s also the kind of proposal that can get enough Democratic support to pass both the House and the Senate, Schumer said.
Sure, they will cut that much from the projected increase in 2030.
Senate Democrats stepped in and offered a meaningful plan that inspired "hope". (It just happens to be a plan very similar to that which Boehner was proposing, but no way the GOP gets the credit for this).
The devil is always in the details.
And since we’re considering Harry Reid, the devil IS involved.
If Reid introduces it - I don’t trust it. That little beady eyed snake is nothing but a communist and only wants more taxes and less accountability like most of the liberal democrats.
Do we have to pass the Reid turd in order to see what’s in it?
If it’s from Dingy it’s BS. Cuts in fiscal year 2020 or 2021? Just defund Obamacare and be done with it.
If Schumer the tumor is for the pan, no doubt it stinks.
Just say no.
When a Democrat says he is going to cut spending ... he is lying.
Certainly nothing to get excited about.....yet.
No smart azz remark toward the TEA party? It must have killed Schumer to say this.
“Reid’s as-yet-to-be-unveiled plan, Schumer said, has the potential to be sufficiently conciliatory to House Speaker John Boehner’s (R-Ohio) caucus that an agreement can be reached. “Hopefully it’s the kind of thing that Speaker Boehner can rally his tea party troops toward,” he said.”
Absolutely!
Yes, this is EXACTLY what was predicted weeks and months ago - politics by backroom dealing, nothing in the public until the last minute (or, 48 hours... the min for congress anyways), and then under the pretense of 5-minutes-to-midnight pressure, lets pass it. It may have worked for zer0care, we MUST PUT THE Brakes down, and not let it happen again. No deal.
” Sure, they will cut that much from the projected increase in 2030.”
In the year 2525....
Any such oral agreement from Harry Reid is not worth the paper it is printed on.
No increase in FY2012 debt w/o plenty-o-cuts in FY2012.
I predict bovine excrement!
The “Wimpy” plan. A hamburger today for payment on Thursday. Bull Hockey!
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