Posted on 07/20/2011 1:12:31 PM PDT by Nachum
The White House signaled Wednesday that President Obama could accept a short-term deal to raise the debt ceiling, but only if it appeared lawmakers were close to an agreement on a significant deficit reduction plan. The hope of such a "grand bargain" was revived Tuesday by the so-called Gang of Six senators, who outlined a deal that would achieve nearly $4 trillion in deficit reduction in the next decade through spending cuts, entitlement reform and an overhaul of the tax code. (Snip) Obama has repeatedly called for a debt limit increase that would carry the government through to 2013
(Excerpt) Read more at latimes.com ...
If the House stays the course, cuts will be required. Obama needs a deal to help protect his base. Last thing he needs is for the people to realize they don’t need most of the federal government.
ok -
the meeting must’ve resolved that they have to go short term deal in order to avoid CCB or blame.
so, they’re changing their tune, as you said. By doing so, they keep open the possibility of a “grand compromise” when the new, short term deal is over.
It was a good strategic retreat.
Now, pubs gotta get something passed that is in our favor and minimizes the likelihood of a later “grand compromise”.
ideally, we’d get some cuts and take it to election. IMO we should offer NO short term deal. Offer a different option w/ out the amendment - but do NOT let the door open again until after election. jmho
what are your thoughts?
Correct. Implement Krauthammer plan next week and cut the Gang of Six proposal to pieces over the coming months.
Then force Obama to short term increases w short term cuts through 2012.
The GOP does not have to win this battle; rather, it just cannot LOSE. ANY tax increase is the biggest loss.
Nope. I think there are two options:
A) Take the long approach, and say that we're not going to keep the markets unsettled on our every move for the next 6 months or more- the Dems need to act on the bills that have already passed in the House before August 2nd, and not hypothetical outlines. The economy is screaming for some certainty.
And,
B) Worse comes to worse: Pass a short-term extension, but *not* on the terms required by Obama for extending the "Gang of Six" talks. Call Obama's bluff... yet again.
Tell me what it means "not on the terms required by obama for extending the ... talks".
If we have an extension of say 90 days... why would omarxist not be working on a grand deal during said 90 days? What terms are there that would prevent it?
Immediate debt increases for immediate spending cuts.
Democracy turned against the Democrats.
My country saved.
"B) Worse comes to worse: Pass a short-term extension, but *not* on the terms required by Obama for extending the "Gang of Six" talks. Call Obama's bluff... yet again."
"If we have an extension of say 90 days... why would omarxist not be working on a grand deal during said 90 days? What terms are there that would prevent it?"
- Basically, you would front-load the immediate cuts, and a bulk of the Trillion, or so agreed-upon "Biden talks" cuts, in the short-term deal (and specifically leave out as many terms Obama wants that you feel would be a hindrance in the future). Then, even if Obama and the RINOs worked on a "grand deal" after that, they would be forced to come up with new cuts to get any kind of agreement down the road.
Throw a wrench in his plans, basically. The American people are tired of being on the edge all the time, and stressed out... This is our final offer- take it, or the default's on you.
What you said. If the GOP sells us out, they join the Whigs: the party they replaced.
HA
part of the grand bargain would be to rescind the short term cuts and instill a more reasonable, balanced, and bipartisan deal.
i still say no short term deal. Take CCB or CC and save the bba. fight again after we destroy them in 2012 again.
jmho though
That's probably the best argument to put forth.
“part of the grand bargain would be to rescind the short term cuts and instill a more reasonable, balanced, and bipartisan deal.”
—But that’s what I was getting at- get the immediate cuts locked in, so they go into effect, and can’t be rescinded.
“i still say no short term deal. Take CCB or CC and save the bba.”
—As I said, it’s a worst-case scenario. I’m with you on the first choice.
i wonder what will happen in the next week.
I think you are right on. The Dems have successfully muddied the water at least somewhat in the past month. Our policy...spending is wildly out of control and has to be cut. They say any cut is an attack on children and old people and we have to raise taxes.
As you said, we need to do the cap raise that extends into 2013...it has to be done to cover the Democrats out-of-control spending in recent years, get whatever commitment to some cuts we can, and campaign on our consistent message that we have to get spending down in a big way...but that as long as the Democrats have the Senate and White House, real improvement is simply not possible. It is not what we want, but we definitely don’t want anything that jacks taxes or gives the Democrats a lifeline from their miserable position as stewards of a depressed economy.
Here’s the short term deal:
“Cut and Cap” part of cut cap and balance with a $300 billion debt ceiling raise.That is our ‘short-term’ option. TAX HIKES OF ANY KIND ARE OFF THE TABLE. Then we finalize FY2012 budget and only raise the debt ceiling further if Obama signs up for our budget.
NR guys has same idea:
” What conservatives should be doing is seizing the initiative in the House. They should move immediately to pass a small debt-limit increase, on the order of $500 billion, coupled with a reasonable set of spending cuts, including caps on discretionary spending. They should then send that to the Senate as the starting point for discussions. Doing this now would increase Speaker Boehner’s leverage immensely, as he would become the only person in the room who had shown by his actions that he doesn’t want a default. Moreover, at this late stage, there’s a very real chance it would become the vehicle for getting past August 2.”
“If we have an extension of say 90 days... why would omarxist not be working on a grand deal during said 90 days? What terms are there that would prevent it”
We cannot stop Obama from proposing. the good news is he is lazy and depends on others to propose. That’s not the issue. What we CAN do is stop the GOP from blundering into a bad deal in a panic.
Gang of 6 is a ‘setup’ for a bipartisan crap sandwich deal.
We HAVE to have a better “back-stop” plan than an glide-path to gang of 6.... it’s a big trap, like any of the grand bargains.
Not possible to have real reform until Jan 2013 and the nest of vipers is cleaned out.
WHY do you think a short-term deal is needed?
If we don’t want a deal, we DON’T want a deal. Let Obastard sway slowly in the wind. NO DEALS!
He thinks all Republicans will vote for it but not even 1 Democrat will vote for it.
Says "Gang of Six" is at best 1 to 1, cut to tax hike according to the handout he was given.
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