Posted on 11/20/2011 7:14:06 AM PST by blam
SUPER FAILURE: Deficit Committee Certain To Announce Failure Tomorrow
Zeke Miller
Nov. 20, 2011, 8:33 AM
It's over. After months of posturing and secret negotiations, the super committee has failed at its task of reaching $1.2 trillion in deficit cuts.
Via POLITICO's Mike Allen:
The official deadline for action by the Joint Select Committee on Deficit Reduction is Wednesday, the day before Thanksgiving. The real deadline is Monday night, since any plan has to be posted for 48 hours before it's voted on. So conversations this weekend revolved around how to shut this turkey down. Aides expect some "Hail Mary" offers on Sunday, and there's something on the stove that could be inoffensive to both sides. But the committee may not even have a fig-leaf agreement to announce. Total, embarrassing failure. The markets and the country will hate it.
The most likely scenario: The co-chairs, Sen. Patty Murray (D-Wash.) and Rep. Jeb Hensarling (R-Texas), on Monday will issue a short joint statement with the basic message: "This marriage is over." Other possibilities are to hold a short going-out-of-business hearing, or to vote down a Republican proposal and a Democratic proposal. But one aide says: "Few, if any, one either side, want a final, ugly food fight ... The chairs are working to figure out how to put the appropriate period on the sentence and do so in the most dignified manner possible. ... [Don't expect] a showdown of dueling voters and a ton of fingerpointing."
For weeks the committee has been stalemated over taxes with Democrats refusing to extend the Bush tax cuts as part of an agreement, and Republicans unwilling to do so without it (though even their offers of new revenues didn't have the support of many in their caucus).
(snip)
(Excerpt) Read more at businessinsider.com ...
Like we didn’t see this coming...these partisan hacks have had their finger in this mess for years and now they are charged with fixing it? The more this administration comes up with “ideas” the more alarmed if become.
So typical of this not ready for prime time administration.
If any committee member deserves a political trophy, it would be Republican Sen. Pat Toomey of Pennsylvania. When Toomey was first appointed to the panel, it was seen as a nod to the Tea Party which helped sweep him into office last year. But over the past few months, he has morphed into a key negotiator. It was Toomey who authored the GOP $1.5 trillion deficit plan that would raise $500 billion in new revenue by closing some loopholes and capping deductions.
The media believe that
facts are boring and people
just want opinionsthe
more strongly held the
better because that
makes for better television.
[Except]"Twenty years ago, billionaire Ross Perot captivated the country with charts and graphs showing the true nature of our budget problem and he received a substantial number of votes for president in 1992 and 1996. Why no one is doing the same today is a mystery. I even had to Google Perots name just to see if he is still alive. (He is.) Unfortunately, the media believe that facts are boring and people just want opinionsthe more strongly held the better because that makes for better television. And politicians are by nature purveyors of lies and mischaracterizations. But at some point, people need to know the truth."
"Sadly, the super committee missed an opportunity to use its mandate to help educate the American people, spending most of its time behind closed doors search for a painless cure for deficit spending that wont increase anyones taxes or cut anyones benefits. But the real failure of leadership is President Obamas. He alone has the power to get the nations attention and give them the facts the way Perot once did. But Obama has never done it and now it may be too late to avoid a budgetary train wreck when the super committee inevitably fails in its mission."
"Given these misperceptions, its not surprising that people consistently oppose cutting popular programs like Social Security and Medicare or raising taxes to deal with the deficit. They dont think its necessary. Just cut foreign aid, many apparently believe."
"What is critically necessary if we are to solve our budget problem is for people to get the correct information about the composition of government spending. Since it is rare for anyone in politics or the media to ever tell them, average people can be forgiven for not knowing basic facts. Unfortunately, their ignorance allows demagogues to lead them down the primrose path of costless and painless cures for deficits.
I think in that picture he found out that his favorite tanning place was going out of business
So now, as we conservatives figured out, it gives Hussein cover for the lousy economy ["Hey the committee couldn't come to a decision, not my fault."] and he gets another chance to blame the minority party ["the GOP wouldn't compromise."]. This plan was about giving Hussein cover during the election all along.
My prediction: The next act in this comic farce will be SCOTUS taking up 0bamacare during the height of the campaign. I have no proof, but I believe the fix is in and through twisted logic it will be approved in a 5-4 vote. Now Soetoro gets a big win on the eve of the election, the economy goes off the front page for awhile and we get shafted with another permanent entitlement set in stone.
Toomey turned out to be a dud.
He supported the repeal of “Don’t Ask, Don’t Tell”
(DADT).
Did we expect anything else for both parties. Our government is saturated with corruption.
Why are they calling this a failure? It was wildly successful, if you consider that this was designed to cut the budget in a way that every elected official can avoid blame. Take the automatic cuts, and keep going.
We have leaned so far over the cliff that I doubt for generations nothing will save us. We have been raped.
Well who among us is shocked? We all need to call or email our GOP congressmen/women and ask them why they weren’t busy doing what we elected them to do and come up with the necessary spending cuts themselves. Instead most of them voted for this illegal, unconstitutional Supercommittee so it could meet in secret for months and fail.
“The dirty little secret is the auto cuts dont start till 2013!”
Yep, which guaranteed failure, as opposed to IMMEDIATE tax cuts THIS year! By 2013, no one in this country will even remember that there was such a thing as a super committee, and a new Congress will quietly overturn the “automatic” cuts with some minor, obscure provision in some spending bill. And the Republicans will be complicit in this conspiracy because, just like Democrats, their primary focus is buying votes for their re-election with deficit spending.
Deficit Committee Certain To Announce Failure.
Incompetence at it’s finest.Par for D.C.
I’m convinced that most, if not all, of the “tea party” candidates are the same kind of people who were already in office. They simply saw the tea party as a way to get elected so they could cash in like the rest of them. It takes a certain kind of person who wants to be a congressman. And the majority of them are all alike.
As we know the congress people will know about the crash a long time before the people know. They will have plenty of time to get their riches and families to a safe place, probably on an island somewhere that nobody knows about. We’ll wake up one day and they will all be gone. A note on the capital door will say “So long, suckers!”
I'm tired of constantly getting set up for failure by the slick commie leftsters.
This entire super committee was set up from day 1. We realized it,saw it coming yet still took part!Insanity! Since when is it not the Presidents job to consult with Congress both at the levels of the house and Senate to first provide a budget which he has not done in 900 days and gets no heat whatsoever for then take responsibility for what is in or not in the budget.
We have let him off the hook for no good reason I can see!!
The fact that we let their side off of these responsibilities is UNNEARVING and a rookie move, IMHO.
Zero's handlers knew all the time that they could get lots of mileage out of blaming us for not raising taxes, not getting along with their side, and not caving to the left on everything they wanted including the Bush tax cuts. And the media has compounded the problem for our side and made it even worse which we should have been able to see before we ever agreed to this super committee farse!! The regimes handlers figured it out that they could get on a path to destroy Defense and take that money and use it in social welfare programs and if we try and reverse it when we are up in 2013 they will claim we are busting the budget on the backs of the poor. Slick and slicker and we fell for it hook line and sinker.
We need smarter pubbies running the show who will not fall for this kid of crap.Especially since its been one trap after another after another.And we fall for them all!!
Now because it becomes a political weapon to call people on the other side out on "insider trading", after sending Stewart to jail and many others[Martha-maybe not the charge but went along with]. What must they be saying, would like to be a fly on the wall. Politics as usual. Makes one want to give up on the whole lot of them.
This Super Committee was doomed to failure from the start. Just looking at the uber liberal Democrat members appointed meant that no compromise was possible. I also seriously doubt the whole Super Committee concept is Constitutional.
And, they wanted to be able to make it appear that the Republicans were responsible for the failure. It’s a win-win for them. And, a lose-lose for us.
The GOP establishment is so bloody stupid. I could see this coming months before. Say hello to a gutted military, which is always a keystone goal of the Democrat Party.
I would express shock at the stupidity of the GOP agreeing to this Democrat booby trap but no amount of idiocy by the GOP surprises me anymore. It is the status quo.
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