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Potential Debt Limit ‘Plan C’ Emerges, Democrats Say (GOP ready to shaft Conservatives, again)
Fox News ^ | 7/28/2011 | Ed Henry

Posted on 07/28/2011 8:04:31 PM PDT by tobyhill

Democratic officials are cautiously optimistic that the outlines of a potential compromise – a “Plan C” – are emerging that could bridge the differences between plans pushed by House Speaker John Boehner, R-Ohio and Senate Majority Leader Harry Reid, D-Nev.

The officials said President Obama has spent the past couple of days quietly reaching out to leaders in both parties to try and start hammering out the details, though it's clear this is still only in the discussion phase and they are not close to a deal yet.

Senate Budget Chairman Kent Conrad, D-N.D., hinted at such a compromise earlier Thursday during an interview on Fox News.

“Let me just say behind the scenes there are discussions underway to find a way forward,” said Conrad. “To how would you harmonize what Leader Reid has come up with and Speaker Boehner has come up with and I'm increasingly of the view that we can do that. That’s good news.”

The focus of this round of talks is on what kind of "trigger" mechanism the debt ceiling legislation will have to guarantee that a new special committee of Congress actually follows up with real spending cuts later this year. And whether or not positive action by the committee will allow the president to get more leeway on another lift in the debt ceiling so there’s no repeat of the current debate early next year.

(Excerpt) Read more at foxnews.com ...


TOPICS: Extended News; News/Current Events
KEYWORDS: debtdeal; debtdealcavein
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"For example, Democrats want to make sure that if Republicans walk from those talks, there might be some tax increases that would kick in automatically -- giving the GOP incentive to stay and work out a deal."
1 posted on 07/28/2011 8:04:37 PM PDT by tobyhill
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To: tobyhill
will allow the president to get more leeway on another lift in the debt ceiling so there’s no repeat of the current debate early next year.
2 posted on 07/28/2011 8:06:49 PM PDT by eyedigress ((Old storm chaser from the west)?)
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To: tobyhill

Boehner’s bridge to nowhere.


3 posted on 07/28/2011 8:06:52 PM PDT by Jim Robinson (Rebellion is brewing!! Impeach the corrupt Marxist bastard!!)
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To: tobyhill

“Plan C” = Cave


4 posted on 07/28/2011 8:07:50 PM PDT by TaxPayer2000
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To: tobyhill

Fricken idiots! The Republican House controls the purse strings. Why give it away? Act like you have a pair!!


5 posted on 07/28/2011 8:09:04 PM PDT by Jim Robinson (Rebellion is brewing!! Impeach the corrupt Marxist bastard!!)
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To: Jim Robinson

Obama has one sticking point, and debate in the middle of the cycle is it. The TEA Party is well aware of it and cannot cave.


6 posted on 07/28/2011 8:09:22 PM PDT by eyedigress ((Old storm chaser from the west)?)
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To: tobyhill

The Republican party itself hangs in the balance.


7 posted on 07/28/2011 8:10:03 PM PDT by Da Coyote
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To: tobyhill
I hope they don't give in to Obama’s demand to make the the changes effective until after the election.
8 posted on 07/28/2011 8:10:47 PM PDT by opentalk
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To: tobyhill

Boner’s bill doesn’t get passed tonight and suddenly the DIMS, who have been relatively quiet all day, are coming out of the woodwork with all kinds of news?

Something smells here.


9 posted on 07/28/2011 8:10:55 PM PDT by Arm_Bears (I'll have what the gentleman on the floor is drinking.)
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To: Jim Robinson
It looks like Boehner has been trying to play us for fools again. I'm sure this “Plan C” was already in the works as Boehner was pretending to be driving a hard bargain on the House GOP plan.
10 posted on 07/28/2011 8:12:26 PM PDT by tobyhill (Real Spending Cuts Don't Require Increasing The Debt)
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To: tobyhill

This is all such a bunch of hyped up nonsense - on both sides of the isle. I can’t believe people are falling for this charade.


11 posted on 07/28/2011 8:12:37 PM PDT by gunsequalfreedom (Conservative is not a label of convenience. It is a guide to your actions.)
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To: tobyhill

Beware of tweaks bearing grifts.......


12 posted on 07/28/2011 8:12:54 PM PDT by Red Badger (PEAS in our time? Obama cries PEAS! PEAS! when there is no PEAS!..........................)
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To: tobyhill

If the republicans can’t pass the Boehner plan, there are enough soft republicans in the house that they will be able to pass whatever the senate sends over, with the democrats.

That is the likely outcome if conservatives stand strong against the Boehner plan — a Reid plan that “saves the day”, passed by democrats in the house, and signed by the democrat president, with 30 liberal republicans in the house.

And the conservatives will scream, the democrats will “get the credit” or “take the blame” depending on your point of view.

This is the natural outcome of the position of the republican study group in the house. It’s not a surprise, and all I can say is that I certainly don’t understand what the end game is for conservatives by this plan. Well, I know that for 24 or so conservatives, they get to brag that they held their principles. FOr the conservative movement, maybe we lose the chance to take the senate, and Obama gets re-elected.

And we don’t get as many cuts as under Boehner, we don’t get to vote again on debt next year, and we dont’ get credit for fixing the problem. We don’t repeal Obamacare, and we get two more liberal judges on the supreme court.

Maybe that is a good result for purity. I wish someone would explain to me how 30 more years of legal abortion, increased taxes, higher spending, and a democratic senate and presidency, is actually good for conservatives.


13 posted on 07/28/2011 8:13:24 PM PDT by CharlesWayneCT
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To: tobyhill

Plan C = Republicans and democrats steal more money from those of us who don’t want it taken away.....

Wait, that’s the same plan they been using for 100 years...

Change we can believe in now is the change you get to keep.


14 posted on 07/28/2011 8:13:53 PM PDT by stockpirate (Proud member of the TEA Party Hobbits.........)
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To: tobyhill

You want to blame Boehner for what happens after we stop his plan?


15 posted on 07/28/2011 8:14:43 PM PDT by CharlesWayneCT
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To: gunsequalfreedom

This is a “manufactured crisis” if there ever was one.
The whole thing is a sham and a farce.......


16 posted on 07/28/2011 8:14:43 PM PDT by Red Badger (PEAS in our time? Obama cries PEAS! PEAS! when there is no PEAS!..........................)
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To: Arm_Bears

It is fresh. The House cannot allow this to not be on a 6 month cycle. The Democrats haven’t signed a budget in some 815 days or so. If that isn’t worthy of debate then nothing is.


17 posted on 07/28/2011 8:15:14 PM PDT by eyedigress ((Old storm chaser from the west)?)
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To: CharlesWayneCT
Maybe that is a good result for purity. I wish someone would explain to me how 30 more years of

This country won't exist in 30 months if Obama keeps getting his way... money doesn't grow on trees.

18 posted on 07/28/2011 8:16:06 PM PDT by Cementjungle
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To: CharlesWayneCT

Not to get off topic, but Roe v Wade is here to stay.


19 posted on 07/28/2011 8:16:40 PM PDT by Huck
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To: gunsequalfreedom

The Senate’s got cut, cap and balance. The Republicans need say that’s it deal with it or shut down.


20 posted on 07/28/2011 8:17:00 PM PDT by Rodm
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