No Taxes, repeat NO TAX INCREASE
dollar per dollar cut to increase
Harry Reid gets left out
President has to sign off on cuts to entitlements
Harry Reid and the Senate Dems look pathetically weak after this.
It looks like the GOP got everything they wanted.
///
respectfully, i disagree.
our best chance to survive as a nation, was to NOT raise the cap.
to HOLD THE LINE as Jim Robinson, Rush, and Mark Levine said.
http://www.freerepublic.com/focus/news/2755346/posts
We’ve Been Played for Saps, Folks: Boehner Bill Will Become Reid Bill
RushLimbaugh.com ^ | 7/28/11 | Rush Limbaugh
http://www.freerepublic.com/focus/f-news/2755395/posts
Urgent message to the Tea Party Freshmen and fiscal conservatives: HOLD THE LINE!
July 28, 2011 | Jim Robinson
even the Boehner plan, added 2.4 trillion to the Cap,
and 9 TRILLION more to the deficit.
we cannot afford that. there will be no economy left in 2013. especially after the debt rating goes down, and increases interest payments on our 17.5 trillion debt.
which happens even under the Boehner plan:
http://www.freerepublic.com/focus/f-news/2756453/posts
Moody’s: Neither debt plan protects the nation’s AAA rating [ Well then Cut cut cut ]
The “limited magnitude” of both debt plans put forward by congressional leaders would not put the nation’s AAA credit rating back on solid footing, Moody’s Investors Service announced Friday.
I think what you outlined describes a tactical victory for Boehner/GOP.
When the got going ALL the Libs wanted was to raise the debt ceiling AND increase Taxes.
Given there’s a plan with NO ADDED Taxes, this has to be a win.
Obama has to look like a clown for singing off on these cuts, especially given that he was the one responsible for the increases to begin with.
Its only a good start, for me.
But its a hell of allot better than the outcome Bammy/Harry/Pelosi originally wanted.
IF this is the actual deal, it looks like Hussein caved more than we did.
Oh I'm sure there will be no real spending cuts other than what is in next years budget (a few billion tops), but we get the BBA vote which the Democrats desperately want to avoid, no new taxes and a chance to refight this again in November and December this year. And because the budget wars kick off soon anyway, we just might be able to keep the massive budget deficit and debt issue number one all the way through the rest of Hussein's term.
For anyone that expected real cuts, they'll be disappointed. As for me, I never believed there was any actual chance of real cuts till Hussein is out of office and we have the Senate back. Shifting the debate as far as we have is a victory in and of itself.
Republicans should NOT have gone along with a long term increase, only 3-6 months to give more time for negotiations.
This gets Obama past Nov 2012 elections.
>>>dollar per dollar cut to increase
What year (or century) do these matching cuts occur?
What part of the government gets cut, specifically?
What happens if the Republicans don’t agree with the Democrats on what is considered a “valid cut”?
Until these cuts are made explicit, THEY HAVE TRICKED US AGAIN.
The one thing we didn’t get was for it to be a short-term deal, with BHO having to come back again in Dec. or Jan. and go through this all again. My guess is Boehner had to trade that to get the very important BBA vote (in a timely manner, too!) concession.
I think time will prove that we got the better end of this trade. Before this year, most folks paid no attention to raising the debt ceiling anyway. But this BBA issue can become a Big F***ing Deal, as Plugs Biden would say.
Not to worry, there’ll be LOTS to vilify BHO for between now and Nov. ‘12.