Doc Savage Fan
Lifer
- Nov 30, 2006
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"What we're trying to do is save the world from the Republican budget. We're trying to save life on this planet as we know it today." - Nancy Pelosi
Really?
Really?
So the new Boehner plan is to make the bill even more unpassable by keeping a smaller debt ceiling increase than the president asked for, and only giving up the rest of the money after a consitutional blanced budget amendment.
He just wants any bill that he can say the repubs voted for come election time, despite knowing it is unreasonable and will not pass. Because what we really need is for this whole mess to play out again, except at election time and with a consitutional amendment as a requirement.
Sequel: Boehner and the remnant repub leadership comes out of hiding after Boston Tea Party Deux and proclaims a new mandate by the people to cut taxes and institute even more corporate welfare to create jobs and balance the budget thus spawning the Tea Lynching Mob, where Rush Limbaugh gets elected to the House and takes the leadership. Bachmann takes over the repub Senate and Palin takes over the RNC promising to lead her party and the nation into a new era of prosperity.
A New Red Dawn has risen. "Resistance is futile" says Ran Paul. "The Dems will be assimilated". :awe:
I don't know why he wasted ten days and prolonged market uncertainty for this. They voted for their lame Cut Cap Balance nonsense already. This is same thing just lamer.
I'm sure this wasn't his intent. This vote now is to just avoid the further embarrassment of not being able to bring about a passable bill at all. The Republican party is fractured and out of control. If there was any doubt, the lunatics really are running the asylum now. The only hope left is that there enough sane Republicans willing to vote along with Dems to get something enactable passed.
Boehner's Plan Won't Even Pass in the Republican-Controlled House
It needs 216 votes to pass. Boehner only has 214 votes and he's scrambling at the last moment trying to get those 2 extra votes before the bill is voted on today. LOL @ Boehner for thinking that it could pass in the Senate when the Tea Party nuts in the House won't vote for it.
Six and one half dozen of the other.
How disingenuous. Favored meme of the GOP but completely ridiculous nonetheless.
What about the bipartisan gang if six plan? You know, the one Standard and Poors gave a AAA rating safe to as well. Why doesn't the GOP support that one and table it since it cuts the most and enjoys bipartisan Senate support as well as the WH giving it better odds of passage?
I don't think that plan ever had a chance.
It's notably absent of key details. http://thehill.com/blogs/on-the-money/budget/172245-gang-of-six-plan-punts-on-key-details
It looks like it cut taxes for corporations and wealthy taxpayers (cut the top rate and abolished the AMT), yet raised taxes on middle and lower class.
It also called for SS reform but doesn't say how. It calls for a committee to figure it out, but then if that solution doesn't get 60 Senate votes the ENTIRE bill is null and void.
It calls for heavy cuts, but say where, no details.
If it actually cut taxes for corporations and the wealthy, I can't see Dems voting for it. If it raised them on middle class, I can't see TEA party types voting for it.
I can't see where it would actually get much support from either side.
As far as Boehner's bill, not sure I care given it won't stop a credit downgrade.
Fern
Moody's has already come out to say they are unlikely to downgrade as long as the US meets it's financial obligations. They will be put on a negative watch and if they detail anywhere then you can worry.
S&P hasn't yet commented further.
Anybody know if the Senate can, or will, use the Budget Reconciliation Process on this bill?
Fern
Moody's has already come out to say they are unlikely to downgrade as long as the US meets it's financial obligations. They will be put on a negative watch and if they default anywhere then you can worry.
S&P hasn't yet commented further.
"What we're trying to do is save the world from the Republican budget. We're trying to save life on this planet as we know it today." - Nancy Pelosi
Really?
