Posted on 07/26/2011 3:02:40 PM PDT by tobyhill
Senate Majority Leader Harry Reid warned Tuesday that the House Republicans' deficit-reduction bill is "dead on arrival" in his chamber, as the Obama administration issued a formal veto threat and pushed lawmakers to reach a "compromise." At the same time, House conservatives began to peel off from the bill being pushed by House Speaker John Boehner.
White House officials appeared to hold back earlier Tuesday when asked whether President Obama would veto the GOP bill, which could be voted on in the House as early as Wednesday. Later, the administration issued what's known as a "statement of administration policy" saying the president's advisers "would recommend that he veto this bill" should it clear Congress.
(Excerpt) Read more at foxnews.com ...
The House needs to keep shoveling reasonable bills towards Reid and Zer0.
Whatever happens with this legislation, there’s lots of new taxes and spending built into Obamacare and the ‘Bush’ tax cuts are scheduled to expire again in 2012.
Since the Conservatives don’t like it either, I guess there is a bipartisan consensus on something!
Who the hell is zero’s advisor? Zero has NO BRAIN to think clearly with therefore it’s time to invoke the 25th.
The demagoguery is breathtaking. Of course President Obama cannot veto the “GOP” bill, even if he wanted to. By definition, any bill that reached his desk would have had to have been approved by a Democrat-controlled Senate, which would make it - again, by definition - a bi-partisan bill. And any bill that made it to his desk would be signed by the President - unless the Democrat strategy was to pass a bill that Obama will veto. In other words, Reid is not going to pass a bill that Obama vetoes except on purpose.
What is most instructive is that the President and his minions are cynical enough to believe that their voting base is too stupid to understand the above.
They are correct on that point, IMO. I believe the average Obama voter does not understand our Constitutional process.
Treasury Secretary Geithner better talks some sense into Senator Reid before he causes a default
Isn’t it strange they are now concerned about doing something that is only ‘short-term’?
Paying off the banks and bond holders with higher interest rates. No wonder Goldman Sachs gave him so much money when he ran in 2008.
Fox News had a graphic while I was at lunch:
“BOEHNER BILL DEAD ON ARRIVAL”
to which the lady bartender kept trying to figure out who Boehner Bill was and why was he dead.
Let 0bama own it.
Neither bill is sufficient.
Moody’s and S&P have stated they are looking for cuts...not an increase in the debt ceiling.
Hey yo, would this fall under the media categorization of “unexpected”? /s =.=
I am very concerned that very few people are talking about the utter BULLSH1T that the spending cuts will be spread out over 10 years. You and I both know that has very little chance of happening. Way to much water gonna go under the bridge during that time.
IMHO, Boehner, et al should concentrate on FY2012 cuts and be vicious about it. Neither he nor anyone else has ANY control over what happens after FY2012.
Time after time Washington has put out smoke and mirrors BS like this. Remember the $300m+ in cuts that ended up being just $30mil+ after the smoke cleared? What a joke! I say it’s time to stop with the happy talk and get serious about cutting. Fire up the chainsaw!
Major teleprompter malfunction has it blocked from full disclosure.
It is all BS. We the People have 60 days of final preparations to make or they are buying time for another 300 days.
The Republic is financially finished.
CBO has scored it
http://www.freerepublic.com/focus/f-news/2754272/posts
Office of the Speaker
H-232 The Capitol
Washington, DC 20515
Phone: (202) 225-0600
Fax: (202) 225-5117
U.S. Capitol Switchboard, (202) 224-3121
Maybe, we could shrink the Federal Government, and pass the essential work back to the States
What is this so called Reid Bill? I have not heard a peep about it. How much does he cut? If it is 4 trillion I say let’s go for it. Bohner’s only has 869 billion.
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