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Support shifts as Boehner adds balanced-budget amendment
The Hill ^ | July 29, 2011 | The Hill Staff

Posted on 07/29/2011 9:33:47 AM PDT by Tulsa Ramjet

House Republicans will link passage of a balanced-budget amendment to Speaker John Boehner’s (R-Ohio) last-ditch debt-ceiling plan, which GOP lawmakers said would move the measure to passage in a high-stakes vote later on Friday.

Republican lawmakers voiced confidence the enhanced bill would pass muster with conservatives, as Rep. Mo Brooks (R-Ala.) predicted the balanced-budget amendment change would bring 10 to 20 more GOP members on board.

(Excerpt) Read more at thehill.com ...


TOPICS: Breaking News; Government; Politics/Elections
KEYWORDS: balanced; boehner; budget; obama
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To: ml/nj

Problem is... for the Fed Gov’t, proceeds from debt issued is considered revenue. I know....


121 posted on 07/29/2011 11:07:46 AM PDT by tired&retired
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To: Tulsa Ramjet

The Republican Party Elites know that balance budget amendment isn’t going anywhere. It allows the Tea Party members to vote for the bill, but that language will be stripped out before returning to the House. If it wasn’t, the bill would be vetoed by Obambi.

I support the Tea Party members reluctance to vote for this bill. I don’t think they’re being realistic if they think this amendment will ever see the light of day.


122 posted on 07/29/2011 11:15:01 AM PDT by DoughtyOne ($1.8 tril yearly deficits = $18 tril in ten years. So now we're proposing $4 tril in cuts? Really?)
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To: DoughtyOne

House is now in session to consider the bill.


123 posted on 07/29/2011 11:17:57 AM PDT by Dave346
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To: ejdrapes

Rand Paul holding firm against anything in the senate accept the CCB original bill. Says a second bill is unnecessary.


124 posted on 07/29/2011 11:24:01 AM PDT by MestaMachine (Guns don't kill people, the obama administration does. (Gunwalker Ping List))
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To: Dave346

Thanks for the mention.


125 posted on 07/29/2011 11:24:19 AM PDT by DoughtyOne ($1.8 tril yearly deficits = $18 tril in ten years. So now we're proposing $4 tril in cuts? Really?)
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To: Tulsa Ramjet

So how does this bill differ from the first bill.


126 posted on 07/29/2011 11:24:30 AM PDT by sickoflibs (If you pay zero Federal income taxes, don't say you are paying your 'fair share')
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To: MrChips

No. As Reagan proved, symbolism is important.

Absolutely agree; as is integrity.


127 posted on 07/29/2011 11:26:05 AM PDT by sanjuanbob (Festina Lente)
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To: MestaMachine
ABC, CBS and NBC Cast GOP as Debt Ceiling Villains

Get used to it elite GOP - you are to be blamed no matter what you craft as a bill. So stand firm in your demands, and acknowledge that you cannot win the PR war. We do not have to do anything to "get along" - it is an impossibility with MARXISTS.
128 posted on 07/29/2011 11:30:39 AM PDT by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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To: ejdrapes
Michele has it right.

NO to Obama and everything he stands for!

129 posted on 07/29/2011 11:32:45 AM PDT by Art in Idaho (Conservatism is the only hope for Western Civilization.)
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To: sanjuanbob
I asked my Rep Dennis Ross- FL - one of the hold outs about the V2.0 Speaker plan...

@RepDennisRoss Is the BBA real? Or is the play to keep the debt ceiling in place and force an INSTANT Government haircut?

His reply just came in...

It will be real. Spending cannot exceed % of GDP. Prevents tax increases to match bloated budgets.

130 posted on 07/29/2011 11:35:20 AM PDT by TheShaz
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To: Tulsa Ramjet

“The two big differences between Cut, Cap, and Balance and the Boehner bill”

By: Conn Carroll
07/29/11 12:36 PM

Everyone in my twitter feed seems to be saying that there is no difference between the new debt hike bill Speaker John Boehner, R-Ohio, unveiled today and the Cut, Cap, and Balance Act that was passed earlier this month. This is wrong. There are two big differences between the two bills:

1) The Boehner bill would raise the debt limit before the August 2nd deadline without the need for a Balanced Budget Amendment to be passed first. Yes, a Balanced Budget Amendment would have to be passed for the second debt limit hike sometime in the spring, but a completely new deal could be worked out before then.

2) The Boehner bill does not require that the Balanced Budget Amendment sent to the states to trigger the second traunch have a two-thirds super-majority requirment for raising taxes. This makes the BBA much more likely to win Democrat votes.

The White House has been asking the Tea Party to compromise. The Boehner bill includes two big ones.”

http://washingtonexaminer.com/blogs/beltway-confidential/2011/07/two-big-differences-between-cut-cap-and-balance-and-boehner-bill


131 posted on 07/29/2011 11:38:50 AM PDT by Qbert ("The best defense against usurpatory government is an assertive citizenry" - William F. Buckley, Jr.)
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To: Tulsa Ramjet
It seems to me that we don't need a balanced budget amendment if what everybody fears comes to pass.

If the federal government is truly incapable of increasing the indebtedness of the U.S. without Congressional approval, then the result is BALANCED. That is, every single month the government must decide which of several possible payments get made but the total of the payments cannot exceed the total of the monthly revenue.

It's certainly going to be painful. Just like a junky experiencing "cold turkey" withdrawal symptoms. Unfortunately, the communists running our government have no intention of ever willfully backing away from their addiction to spending.

132 posted on 07/29/2011 11:39:21 AM PDT by William Tell
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To: Cheerio

The public are now properly educated as to the debt clock...And it’s going to look just as ugly this time next year as it does now.


133 posted on 07/29/2011 11:39:57 AM PDT by sanjuanbob (Festina Lente)
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To: no-to-illegals

I see. Even if there was a good language and excellent Congressional approval, the actual ratification would be years away if ever (like the equal rights amendment).

Plenty of time to raise the debt limit by another 50 trillion and assure that we’d become slaves to whoever holds the worthless bonds.


134 posted on 07/29/2011 11:59:22 AM PDT by DBrow
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To: Tulsa Ramjet

Any real BBA would require the end of baseline budgeting


135 posted on 07/29/2011 12:16:26 PM PDT by GeronL (The Right to Life came before the Right to Happiness)
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To: FlingWingFlyer
Exactly. I don't understand it. It's dumb. All it does is give democrats talking points from GOP senators who bad mouth the tea-party. AND it gives dem opposition something to bring up in next year's election:

Congressman so and so voted to cut pell grants....voted to...blah blah blah

Its very stupid. It weakens him and he doesn't need to do it.

136 posted on 07/29/2011 12:20:47 PM PDT by NELSON111
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137 posted on 07/29/2011 12:21:57 PM PDT by TheOldLady (FReepmail me to get ON or OFF the ZOT LIGHTNING ping list.)
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To: NELSON111

House has completed a 1 hour debate and is now voting.


138 posted on 07/29/2011 12:27:04 PM PDT by Dave346
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To: DBrow
time to raise the debt limit by another 50 trillion

And by those figures the debt would equal the trade deficit.

139 posted on 07/29/2011 12:31:29 PM PDT by no-to-illegals (Please God, Protect and Bless Our Men and Women in Uniform with Victory. Amen.)
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To: FlingWingFlyer
What’s the big deal about the House passing this. The buffoons in the Senate said they aren’t going to pass it and the Kenyan said he’d veto it. This is nothing but an exercise in stupid.

Great RINO talking points.

The newest members in Congresss were elected to make the hard decisions, and nothing is harder than finding a means to force the "we can spend our way out of this" Cloward-Piven Soros crowd to stop spending the citizens' money today for income over the next 40 years.

It should be a no-brainer.
Increased spending limit today?
Meaningful cuts today.
No compromise, dammit!!

140 posted on 07/29/2011 12:35:59 PM PDT by Publius6961 (My world was lovely, until it was taken over by parasites.)
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