Debt hope: Obama praises 'Gang of Six' plan (NOOOO!!!)

news.yahoo.com/AP ^ | 19 July 2011 | DAVID ESPO

[jbp1]

WASHINGTON (AP) — President Barack Obama and a startling number of Republican senators lauded a bipartisan deficit-reduction plan Tuesday that includes $1 trillion in higher taxes, raising hopes of a last-minute compromise to repair the nation's finances while averting a government default. Wall Street saluted as well.

Obama said he hoped congressional leaders would "start talking turkey" as soon as Wednesday along the lines of the Senate "Gang of Six" proposal, which quickly overshadowed a no-tax-increase alternative that conservatives spent Tuesday pushing toward an evening vote in the House.

.....

[jbp1]

No way. This sounds like some turncoat repub senators

[broken_arrow1]

Senator Kay Bailey Hutchison Republican-Texas is a RINO TRAITOR!

[relictele]

Gets him off the hook and lets him claim credit. He can’t believe his luck.

[ButThreeLeftsDo]

Click The Pic

[Lost Highway]

www.nooooooooooooooo.com

[Venturer]

Folding up like a cheap suit.

More will join and Obama wins.

[Glenn]

I'd like to think that everyone at FR understood weeks ago that all of this has been for your entertainment. A compromise to save face was destined.

[Colonel_Flagg]

If this flies, it’s time for a third party. Everything we said we DIDN’T want last November — loud and clear — seems to be coming to pass here.

[RIghtwardHo]

Exactly. Makes you wonder if Obama is donating to RINO campaigns.

[AGreatPer]

It seems one election victory cycle was not enough. Will have to do it again.

[Free Vulcan]

Kabuki theater!!!

[DManA]

On top of $trillion tax increase this year, if Congress does nothing we will have an automatic tsunami of a tax increase in 2013 when the Bush tax cuts end and the Obama care taxes kick in. Business taxes - double, cap gain taxes, god knows how much, and income taxes, especially at the lower end will sky rocket.

Our kids won’t have to worry about the debt. The poverty stricken never have to worry about such things. They will be more concerned about where their next meal will be coming from.

I’m not exaggerating.

[PalmettoMason]

I hope Obammy’s approval of this crapola is it’s kiss of death like with his sports picks, and the Chicago Olynpics bid.

[ml/nj]

The three Republicans, all conservatives, are Sens. Mike Crapo of Idaho, Tom Coburn of Oklahoma and Saxby Chambliss of Georgia, who has a particularly close relationship with Boehner dating to their days together in the House.

These aren't conservatives. They are traitors. No one should vote for any of them, REGARDLESS of opposition. Even COMMUNISTS are more trustworthy.

ML/NJ

[Smokin' Joe]

"The group of six includes three Democrats, Sens. Kent Conrad of North Dakota, Mark Warner of Virginia and Dick Durbin of Illinois, a member of the leadership. The three Republicans, all conservatives, are Sens. Mike Crapo of Idaho, Tom Coburn of Oklahoma and Saxby Chambliss of Georgia, who has a particularly close relationship with Boehner dating to their days together in the House."

Conrad (Countrywide Kent) is a lame duck. He has said he is not pursuing reelection, and probably knows danged well he would not survive the campaign.

[Recovering_Democrat]

The House must agree. Screw you Senate.

[Smokin' Joe]

...and probably knows danged well he would not survive the campaign.

Politically, that is, just to clarify that.

[mrsmith]

More debt and more taxes = bipartisan compromise.

This is sick.

[scooby321]

No Way CBO can even score their plan much less pass it.

[princess leah]

This is all just smoke and mirrors - The House WILL NOT PASS ANYTHING THAT RAISES TAXES!