Posted on 07/12/2011 2:04:58 PM PDT by Hojczyk
Now that the table is set, here’s how the proposed plan would work: Republicans in Congress would agree to vote to authorize the president to propose three separate incremental debt ceiling increases, spaced over the remainder of his term. He would be required to couple each request with a corresponding set of spending cuts that exceed the dollar amount of his sought-after debt limit hike. These cuts would be of his choosing alone. The first pair of requests would come prior to the August 2 deadline. It would be for roughly $700 Billion. The next requests, for $900 Billion, would come in the fall, and the final tranche (also for $900 Billion) would be scheduled for summer of 2012 — in the thick of the campaign cycle.
In all likelihood, on each occasion, Republicans would overwhelmingly vote to disapprove of the president’s debt ceiling increase request. This allows GOP members (and almost certainly some vulnerable Democrats) to technically vote “no” on raising the debt ceiling. If, as is likely, simple majorities in both houses vote to disapprove of the president’s requests, he’d be forced to veto each disapproval, pinging the issue back to Capitol Hill. If Congress can’t override those vetos with 2/3 majorities (and Republicans won’t have the votes, even with some Democrats), the debt ceiling will increase. But not without the exacting a substantial political price from the president and his allies in Congress. They will own the debt ceiling hike. Period. Members of Congress who vote with the president will set themselves up to be targeted by brutal attack ads (“so-and-so has voted to increase the national debt limit three times in the last year alone,” etc).
(Excerpt) Read more at hotair.com ...
Wow, what a cowardly way to play politics
What a boomerang!
If it will speed up the destruction of the country, hussein will be all for it.
I would agree that this is all comical event now...with this daily meeting of the President, his staff, the Democrats and the Republicans. Might as well allow the President to raise this on his own, and vote it up or down (would make this shorter in the long-run). If he screws this up...they vote all vote against it.
My guess is that Obama really doesn’t want that kind of authority...he’d just screw up the opportunity.
This plan is basically the only way the GOP comes out of this unscathed. Lay it all on Obama’s doorstep, and make him give specific details on spending cuts in order to raise the debt ceiling. I think it's a great plan.
And while we’re at it, let’s just send all the Senators home and let the writers at The Onion write our laws. We may as well put professional jokers in charge...
And threatening the elderly ain’t? If he wants it, let him bite it and make him chew it until he chokes.
And threatening the elderly ain’t? If he wants it, let him bite it and make him chew it until he chokes.
We should arm the Taliban while we’re at it.
At this point I'm convinced we're like an alcoholic... we need to hit bottom before we can start our recovery. This ought to help in that regard.
How about we DEarm them. Note, DEarm is not the same as DISarm.
Brilliant plan by the GOP.
Are you being sarcastic?? The democrats will prevent either body from reaching the two thirds to prevent the debt ceiling from rising and even if they do, the president will veto it.
This is just a way for the Congress to not have to do what it knew it was going to do anyway but didn’t want to take the heat for.
Do you have a better idea, at least in terms of politics, for the GOP? This is the only way to hold Barry's feet to the fire and finally make him show his cards. He blew it today with his threat to withhold SS checks, and putting him in charge of the debt ceiling is the combo punch.
Personally, I like the idea of making Obama (and lots of Rats in the House and Senate) eat not one, not two, but THREE sh*t sandwiches on the way to the Nov 2012 elections.
“Render unto Caesar the things which are not Caesar’s, and unto God the things that are not God’s”
Then you’re a fool. The power to borrow money constitutionally rests with the Congress. They should not take their own responsibility and place it with Obama, who will obviously abuse it. There is no check with this plan. Obama gets his increase unless the congress gets a two-thirds majority to stop it (which would never happen). And then Obama would veto it if it did.
Yes I have a better plan in terms of politics. Let the phony August date pass, just like the phoney May date and force Obama to prioritize spending. If we spend 2.6 trillion this year, there’s no need to borrow any more money.
Dude, this man has been giving military weapons to the Mexican drug cartels. Do you need any more evidence of what kind of cards this man holds ?
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