Posted on 07/31/2011 6:47:10 PM PDT by 2ndDivisionVet
The Tea Party came under fire from all sides Friday after House conservatives nearly brought down Speaker John Boehners debt-limit bill. John McCain went to the Senate floor to mock Tea Partyers as hobbits, and Democratic Rep. Chris Van Hollen said Tea Party Republicans are unfit for governing.
What a difference a weekend makes. The reported debt-limit deal appears to be a victory for the Tea Party. It includes around $1 trillion in spending cuts and creates a special committee of Congress to recommend cuts of $1.2 trillion more. If Congress does not approve those additional cuts by years end, automatic spending cuts go into effect. The package sets an important new precedent that debt-limit increases must be paid for with commensurate cuts in spending. According to Sen. Rob Portman, a former White House budget director, if we cut a dollar of spending for every dollar we raise the debt limit, we will balance the budget in 10 years something that even the Paul Ryan budget would not achieve. And all this is accomplished with no tax increases.
The devil is in the details, of course. There are troubling reports that the agreement may disproportionately cut defense spending. Conservatives should ensure that the final deal, which is still being hammered out at the time of this writing, does not gut defense. They should scour the legislation to make certain it lives up to its billing. If it does, the Tea Party has won.....
(Excerpt) Read more at washingtonpost.com ...
Looks like a relative of Hairy.
Nice picture of Harry Reid you got there.
LOL. McCain as Gollum. Perfect! He lives in the dark!
Tea Party Hobbits won? Hmmm not what I hear on Billy Cunningham radio show right now....
I believe they expire in 2013.
Good. Now we can get a special prosecutor for Gunwalker. Let’s get the real party started. But they won’t because they all need to go on vacation. Cowards.
Sounds good, but the GOP has no leverage or motivation to do it. A committee? This just seems like the continuing resulution scenario where we were promised big cuts and it turns out it was $32million or some such paltry amount
Incremental victories, win more elections at all levels of government, follow up the policy victories in Wisconsin and Minnesota, Ohio and Indiana, with solid economic growth in those states....I am waiting for more states to resist Obama care, and starting to take control of their own natural resources..
I am actually very proud of my country today..I am happy to be a part of a party that includes intellectual challenges, debate and doesn't march in lockstep always..Not like a bunch of brain dead socialists spouting the leftist cliche's.
It doesn’t “allow” them to expire, it might not include a provision making them permanent, but they were due to expire anyway.
Hopefully the new Republican President and Congress can implement them retroactively on 1/20/13 the day we get our country back.
Good point.
Someone oughta tell McCain that the hobbits were the good guys. And they won!
No, we’re way past crisis 253. Like I said it’s just part of the playbook.
“This will have to be renewed.”
Right, that’s the ticket on that.
In fact, forget the Bush tax cuts, we need to have a BIG DISCUSSION ON EVERYTHING and we need to have it over the next 13 months.
Then we need to VOTE next November.
He was a Bush advisor...so to him, I guess this is a “conservative” thing that is happening. To me, it is bs. The usual bs.
Spot on!!
This clown claims; “Obama and the Democrats caved: $2 trillion in spending cuts. No tax increases. A new precedent that debt-limit hikes must be accompanied by equal or greater cuts in spending.”
There are NO CUTS. Spending and the debt increase.
No tax increases this week, but they are scheduled to take effect later.
“A new precedent that debt-limit hikes must be accompanied by equal or greater cuts in spending.”
This is not new! It is Nancy Pelosi”s Paygo reworded.
The only people who won are Democrats and “compassionate conservatives”.
I wonder....did the Tea Party support this bill? I didn’t think so, but if the MSM says so....
I have no problem if someone wants to correct me.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.