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 ...
$1 billion would hardly cover the travel perks for
our “esteemed” Congressmen and Senators.
"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." --And the Supreme Court of the US would find such a law to be unconstitutional.
The federal government is totally out of control, corrupt, and as far as I can tell, not serious about following the constitution.
Thanks for posting this, kristinn. I know you’ve taken some grief from some whiners on FR lately. I appreciate your work.
And while I am at it, kudos to John Boehner, too. His proposals aren’t perfect, but they’re put down on PAPER and real, unlike Hussein’s speechifying, and Hairy Reed’s mealy mouthed half assed approach.
So let him re-do the bill—it shows he is willing to take critical analysis and work the numbers right. He made a mistake last go-round, hopefully he learned from the situation and is working to make it better this time.
I do think he ought to incorporate someone in the Tea Party with his leadership team...get their input into a bill. The House can pass two or three strong bills, and send them to the Senate.
Let Reid deal with any or all of them...then Boehner can again say to the American people that the House gave the Demonrats several choices.
We either get a bill with true cuts that hit hard or we are doomed after CWII!
This is the final stand me thinks.
At this point, the only way to put a leash on the deficit is to take a chainsaw to the budget.
Eliminate entire departments.
Eliminate Dept of Education, HUD, Labor.
Massive layoffs of hundreds of thousands of government employees.
No currently elected official has the balls to do that.
different Steel. The former chair has an e at the end of his name: Steele.
A lot of truth to this.
We don't yet have the numbers to dictate the terms of the debate.
I'm encouraged to see us fighting as hard as we have been to this point. I hope we maintain the courage to keep pushing the fight all the way to the end.
At the end of the day, there may be a heavy price for us to pay though.
More than a grain of truth to that. Our elected politicians have a big chunk of blame too, for buying votes with promises that are destined to fail. I see no tidy way out of the mess, for the country. The founders' vision was toast a couple generations ago.
Our founding fathers never meant for there to be a "politician" class in the first place. Rather citizens putting their private lives on hold for a short period of time to "serve" the Republic.
But here we are, stuck with "politicians" we put in office and the Fit is about to hit the Shan. Listen to the sheeple whine about 2 weeks from now!
If true, that's no better than Dingy in his bill saying the money saved by ending the wars in Iraq and Afghanistan constitute a "spending cut."
Whatta buncha BULLSH1T.
Can we please get serious about this. Damn tired of the smoke and mirrors and accounting gimmicks. Just do it!
I’d like to know what has happened to Congressman Ryan? You never hear or see him any more.
Yes thanks kristinn. And isn't it just one whiner?
I'll also say to Boehner - he is indeed putting it on paper and is revising. That's what should be happening. But, he should have known [maybe he did] that 6 billion in cuts wasn't even near.
He should have learned that we need a lot more than 6 billion this year. I think a similar plan with 150 billion in cuts THIS YEAR would fly. Get it passed and move to the budget and prep to win the House, Senate, and White House in 2012.
But if this is schlepped together and is worthless, we may lose all three.
Sorry Owen the post was meant for Longbow. My bad click.
Most of the cuts are backloaded in the second half of the 10-year budget window, the CBO report projects, with just $17 billion in deficit reduction in the first two years combined.You know what that means? It means the vast majority of the planned cuts will NEVER happen. Boehner cannot bind futire Congresses to his plan.Boehner’s bill, however, also promises much deeper cuts in the future by pegging a future debt limit increase to enactment of a separate $1.8 trillion deficit reduction package by Congress.
Cuts need to be made NOW!
Backloaded = Bullsh!t.
The spokesperson is actually right.
Because they submitted the plan for independent review, they get a better final result. They’ll cut more.
There should be no increase in the debt ceiling/limit. The USA citizens do not need to increase interest payments to the world bankers and financial manipulators including Soros and his family of monopoly players. Read ‘ Brotherhood of Darkness’ to get a better perspective of what is going on and intended for the USA.
Boehner simply cannot be trusted. His favorite game is to turn a winning game into a losing one, by caving at the last minute.
Boehner is a flat-out liar.
Is Boehner bipolar or something? How in the heck do you go from CC&B to that?
Did Obama threaten to take away all his cigarettes or threaten to tell him a bunch of sad stories with no kleenex? Geez!
The best ones among them are fools and the crowd is sprinkled with vain idiots.
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