Posted on 07/31/2011 7:49:07 PM PDT by Steelers6
President Obama announces agreement Sunday night with GOP and Democratic leaders on a debt-reduction plan compromise that could end a perilous stalemate and avoid a potential default on America's loans
(Excerpt) Read more at foxnews.com ...
Wow.
Hope Rush, Mark, Michael and others talk it down all through the live long day tomorrow. And, you are right, some people should SERIOUSLY be "PRIMARIED" over this thing next year, and be told tomorrow that is exactly the"NEXT ITEM OF LEGISLATIVE BUSINESS AFTER THIS ANTIC."
Thank you...well stated...and the trend remains downward as we know.
Somehow people thing we are going to survive this til the election...I’m having grave concern this will not be the case...
International upheaval and positioning is running at breakneck speed....what happens if Iran raises the bar even higher...if Korea’s famine esculates and the Bozo there lays down the Nuclear threat again. Not to mention Russia on the move with the ME. and China’s activities worldwide.
I think these will continue and Obama will not raise a hand to it all until he has to....and by then we’ll be so weakened there won’t be a hand to raise high enough.
Not true and they may as well vote for it. There are no tax increases so that's good. The Tea Party has had an impact but don't run a dictatorship so I am not sure what some expected given taht we're outnumbered 2 to 1.
So it's basically status quo til 2012 and we get greater numbers. Folks - the majority of Congress are not going to cut spending. They have to be replaced.
KILL>>>>>THE>>>>>BILL. Post Haste!
It’s really a crowd madness. And like all crowd madness, infectious, until antibodies develop.
We have the antibodies, but even too many of those we elected still got overwhelmed by the massive dose of insanity in DC.
“Not so sure that’s a negative completely...might get our troops out of Libya and Yemen and a few other places Bo wants to start further wars in.”
While I understand your sentiment...I think it would be irresponsible to hamstring the Military just to keep Obama in line. Eventually, he does have to leave office. Having our military force structure drastically cut is not a good idea in an every more dangerous world.
no it is not $100 billion cut a year. They use base line accounting and it will mean instead of us spending $10 trillion we will only spend $ 8.5 trillion! So they cut 1% of the rate of growth! It is crooked accounting pure and simple!
Via Hot Air:
Update: Timothy Carney reminds the left that when you elect a guy whose main goal is his own reelection, don’t be surprised when the deals he strikes reflect that priority.
And this debt deal is similarly Machiavellian: Substance was subjugated to political framing. Republicans had their demands: no tax increases, yes spending cuts. Democrats’ demands had a different tone.
First, Democrats wanted to ensure this was the last debt-limit increase before the 2012 elections. Raising the debt limit, as Sen. Obama said in 2006, is “a sign of leadership failure” and politically unpopular.
Second, they wanted to ensure that the right issues would be debated in the election year. A high-stakes debate over a balanced budget amendment — as required by the bill the House passed on Friday — would make it clear that Democrats, unlike most Americans, do not want a balanced budget…
On a side note, please donate for the FReepathon so we can continue to fight for years to come!!!
What’s wrong with no deal?
And that additional debt will be incurred over one and a half years. Which leaves 8 and a half more years to add mockery to the imaginary 1 trillion in cuts. They are certainly insane in DC.
well said
brings to mind the first standard firefighting order I learned in brush fire training IIRC : Remain Calm, Think clearly, act decisively
The Russians and the Chinese are laughing at us, India and all Asia are laughing because they know this will weaken us, the dollar will crash, and this will be their century not ours.
Obama said “immediate cut of $1 trillion in government spending over a 10-year period”
Government definition of immediate = 10 years!
Yeah I’ll try that at work tomorrow! ......sure Bob I’ll get to that “immediately”.
When you get a donation letter, send them a nickel, and explain that the remainder will be sent over the next ten years.
Now that chart is just crazy talk, dude. Why, everyone knows Obammy inherited this mess from the Bushies. All 14 trillion of it.
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