Posted on 07/26/2011 4:39:45 PM PDT by kristinn
The Congressional Budget Office delivered the bad news to Speaker John Boehner (R-Ohio) on Tuesday evening that his deficit reduction proposal cuts just $1 billion from the deficit next year, sending staffers scrambling to rewrite the legislation.
Boehner spokesman Michael Steel said House Republicans are reworking the bill to make sure spending cuts exceed any increase in the debt limit.
“We’re here to change Washington: no more smoke and mirrors, no more ‘phantom cuts,’” Steel said. “We promised that we will cut spending more than we increase the debt limit, with no tax hikes, and we will keep that promise.
“As we speak, Congressional staff are looking at options to rewrite the legislation to meet our pledge. This is what can happen when you have an actual plan and submit it for independent review, which the Democrats who run Washington have refused to do.”
The CBO score appeared to add to Boehner’s troubles as he struggles to corral the House Republican Conference to back his bill on the floor Wednesday.
(Excerpt) Read more at rollcall.com ...
This is because no one really wants to cut anything noticeable.
$1 Billion? Sigh. We’re doomed.
Warren Buffett in a recent TV interview:
“I could end the deficit in 5 minutes,” he told CNBC. “You just pass a
law that says that anytime there is a deficit of more than 3% of GDP,
all sitting members of Congress are ineligible for re-election.”
“If ever a time should come, when vain and aspiring men shall possess
the highest seats in Government, our country will stand in need of its
experienced patriots to prevent its ruin.”
So Boehner is on Limbaugh & Hannity today telling everyone his plan save over a trillion in 10 years and guess what..it doesn’t. Thank G-d for the Freshmen Tea Party House Republicans. If anything this should embolden them to stand their ground.
Anybody got a light?
I know smoking reflects poorly on my character however I need a smoke.
In short...they havent a clue what they are doing.
What're you smoking?
You can tell they are doing a superb job for they are the ones getting the brunt of the heat from those on the left!
Yes, Kudos to the freshman!!!!
This s** is getting old!!!
Same stories! Over and over and over and over!
just $17 billion in deficit reduction in the first two years combined.
pass... Boehner needs to go
Boehner’s bill promises much deeper cuts in the future..
promises ???
His plan doesn’t really cut spending. It increases spending. All it does is cut the future projected spending. Boehner even admitted this on Hannity today.
“Boehner spokesman Michael Steel said”
Maybe I’ve cut out too much TV, but Boehner employs the former RNC Chairman as his “spokesman”?
While the Speaker re-writes his bill, the Tea Party members are writing History...
We need the ‘Tea Party’ members to stand together for a press conference with National exposure.
Including the American public - which is the real source of all our problems.
Republicans are pulled in 2 ways. The base that expects them to be the conservatives they claimed to be, and the realization that the majority of the country is not yet ready for serious cuts and will eat them alive if they actually fulfill their campaign pledges.
The real problem is the American public - not the politicians they elect. We are getting precisely what we deserve as a nation.
No. Oddly enough it’s a different Michael Steele.
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