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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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To: Jim Robinson

This is nothing but a PR war pure and simple! The Tea Party Republicans (God love ‘em!) must understand there will be no real cuts and changes as long as B.O. is president! Therefore a strategy based on winning in 2012 MUST be impelemted, even if it means giving some ground now. The WHOLE plan of the Democrats is to win this PR war, they have no vison past 2012. Sadly, the GOP/Tea wing must play the same game... and get a “deal”... that does some good and little damage as possible to the country, but puts Obama and the Dems back in full blame for the economy. Balance the budget later... sad but true, it’s the cards as delt.


21 posted on 07/28/2011 8:17:00 PM PDT by FiddlePig (truth is hard... lies are easy - http://redneckoblogger.blogspot.com)
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To: tobyhill

“Cut, cap, and balance” has turned into “punt, pass, and kick”.


22 posted on 07/28/2011 8:17:54 PM PDT by Lancey Howard
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To: tobyhill

Boehner will be happy to be Minority Leader again so he can’t be blamed for anything.


23 posted on 07/28/2011 8:18:28 PM PDT by Hugin ("A man'll usually tell you his bad intentions if you listen and let yourself hear it"--- Open Range)
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To: tobyhill; holdonnow; Fudd Fan; All
Mark Levin was on to them this morning...

You heard it here first

"I am starting to wonder if staffers for Boehner and Reid are not actually working together, behind the scenes, on these plans. Despite Reid's attacks on Boehner and the letter from all the Senate Democrats saying they reject the Boehner plan, I am just wondering if this is not for public consumption while they come up with some deal that uses the Boehner plan as the keystone. I could be wrong, as I am trying to piece together they games taking place on Capitol Hill. If so, it means that Boehner will be leading feckless freshman and scared conservatives over the edge with this nonsense, as his plan is a joke. Again, just a thought."

24 posted on 07/28/2011 8:19:29 PM PDT by Virginia Ridgerunner (Sarah Palin has crossed the Rubicon!)
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To: tobyhill
Part Two involves the fact that both Boehner and Reid want to set up a special committee of Congress to come back with a second round of spending cuts -- and possible tax changes -- in a few months. While there are differences to their committees, this is another area where the Democratic officials see a lot of overlap.

Part Three is the sticking point, and that is what "trigger" mechanisms are in place to incentivize action by this special committee to make sure it is not just yet another Washington commission that ends up doing nothing.

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.

At various phases of this debate, Republicans have tried to tie implementation of the president's health care reform bill to this process -- so perhaps the individual mandate would be stripped out if Democrats walked from the talks

If this happens it looks like the 2 part deal is going to happen, much to Obama's dismay.

The "poison pill" of attaching the Obamacare mandate was something Boehner tried to introduce with Obama last week and was nixed.

However, it looks like Obama may also cave on this in exchange for the "tax hike" condition for the Dems.

25 posted on 07/28/2011 8:20:10 PM PDT by Justice
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To: CharlesWayneCT
The economy is about to implode.

So is Europe.

So is China.

I'd rather the Dems get the blame.

Remember the overall polling data for Cut, Cap & Balance.

Cheers!

26 posted on 07/28/2011 8:20:40 PM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: FiddlePig

You just answered your own premise. Obama doesn’t want this to come up at anytime next year.


27 posted on 07/28/2011 8:20:52 PM PDT by eyedigress ((Old storm chaser from the west)?)
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To: TaxPayer2000
“Plan C” = Cave

Close ... “Plan C” = Crap out, Cave and then Crash

28 posted on 07/28/2011 8:21:07 PM PDT by Zakeet (The Wee Wee's real birth certificate got shredded with his Rezko mortgage records)
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To: FiddlePig

You’re suggesting that the landslide victory won by the civilized segment of American society in 2010 should just be forgotten and swept under the rug until “next time”. Sorry, no sale. The good guys own the House and the House holds the purse strings.

So why has’t the House defunded Ubama’s Mengelecare yet? That has to be part of “the deal”, whatever “the deal” turns out to be.


29 posted on 07/28/2011 8:22:11 PM PDT by Lancey Howard
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To: tobyhill

Plan C = Crap


30 posted on 07/28/2011 8:22:17 PM PDT by Brandonmark (2012: Our Hope IS Change!)
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To: CharlesWayneCT

Obama wants all of this to be extended past the election. I am of the belief everything rides on that.


31 posted on 07/28/2011 8:24:03 PM PDT by eyedigress ((Old storm chaser from the west)?)
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To: CharlesWayneCT
Yes I will because they already passed a bill in the House. Enough of this “negotiation” crap, tell obama and the rats to take it or leave it.
32 posted on 07/28/2011 8:24:18 PM PDT by tobyhill (Real Spending Cuts Don't Require Increasing The Debt)
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To: tobyhill

How can Obama be working on plan “C” when plan “A” hasn’t even been determined yet?


33 posted on 07/28/2011 8:24:50 PM PDT by mlocher (Is it time to cash in before I am taxed out?)
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To: tobyhill

Bend Over and —STAND BY FOR THE RAM—, We are about to get screwed without lubricant.


34 posted on 07/28/2011 8:26:08 PM PDT by Venturer
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To: tobyhill

Looks like Rush was right after all.


35 posted on 07/28/2011 8:27:00 PM PDT by Tribune7 (We're flat broke, but he thinks these solar shingles and really fast trains will magically save us.)
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To: tobyhill
Boehner should say:

'This plan is no compromise, republicans will not vote for this. Republicans will not vote for this. Republicans will not vote for this.

36 posted on 07/28/2011 8:27:34 PM PDT by JPJones (Frodo Lives!)
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To: tobyhill
Send 'em ALL back to Brookeville !


37 posted on 07/28/2011 8:27:44 PM PDT by DTogo (High time to bring back the Sons of Liberty !!)
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To: Huck
Like hell it is.

Not to get off topic.

38 posted on 07/28/2011 8:27:45 PM PDT by Tribune7 (We're flat broke, but he thinks these solar shingles and really fast trains will magically save us.)
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To: CharlesWayneCT

You’re on the money tonight.


39 posted on 07/28/2011 8:28:47 PM PDT by ArmstedFragg (hoaxy dopey changey)
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To: Jim Robinson; All
Welcome to 1994. It's Deja Vu all over again!

As I said on a thread right after the election when the Republicans regained the house......
The ONLY time I want to hear about a Republican reaching across the aisle is to 'Bitch Slap' a DimocRAT!

Idiot RINO's! You Won! Get It?
Grow A Backbone for a change!
</rant>

40 posted on 07/28/2011 8:30:18 PM PDT by Fiddlstix (Warning! This Is A Subliminal Tagline! Read it at your own risk!(Presented by TagLines R US))
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