WillyT
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Thu Jul-14-11 08:29 PM
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Oh, What A Tangled Web We Weave... WHAT ??? |
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:wtf: Reid Offers To Give Up ‘Clean’ Debt Limit Hike In McConnell PlanBrian Beutler | TPMDC July 14, 2011, 5:05PM <snip> A bit more information on the plan Senate Majority Leader Harry Reid (D-NV) and Senate Minority Leader Mitch McConnell (R-KY) are ironing out to raise the debt limit, and avoid a catastrophic debt default. You'll recall that McConnell's original vision was heavy on the politics, but substantively amounted to allowing President Obama to raise the debt limit with no policy strings attached -- no spending cuts, no tax increases, nada. The rub was that Obama would have to raise the debt ceiling in three increments, and notify Congress of his intent each time. Each time, Congress would vote, or attempt to vote, to stop him from doing so. Each time, he'd veto. Each veto would be sustained by a minority vote in both the House and Senate. In addition, each time, he'd have to draw up a menu of aspirational spending cuts of his choice, in the amount by which he's raising the debt limit.
In an unexpected turn, Reid is proposing to give McConnell back the "clean," no-strings-attached aspect of his offer, according to a highly-placed Democratic source. "We want to see what cuts are agreed to and pass those," the source said. "That's the attitude now."
McConnell would have to give, too -- possibly by relenting on the politics, which as currently envisioned would force Dems to take symbolic debt ceiling votes well into election year. But another option would be to take the cuts identified in the White House meetings -- expected to be in the vicinity of $1.5 trillion -- and split them up, so they could be attached to the three debt-limit votes.
"That way, they're not voting to raise the debt limit, they're voting for deficit reduction," the source added.<snip> Link: http://tpmdc.talkingpointsmemo.com/2011/07/reid-offers-to-give-up-clean-debt-limit-hike-in-mcconnell-plan.php:wtf: :banghead: :beer::beer::beer: :smoke: :crazy:
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emilyg
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Thu Jul-14-11 08:30 PM
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villager
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Thu Jul-14-11 08:31 PM
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2. Meaning the Dems are fighting to restore the SS / Medicare cuts? |
Liberal Veteran
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Thu Jul-14-11 08:42 PM
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3. Harry Reid: The gelatinous substance that wishes it was a spine. |
some guy
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Thu Jul-14-11 08:48 PM
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4. horse shit, lies and word games. |
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oh yea. No mention of raising more revenue. :thumbsdown:
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OHdem10
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Thu Jul-14-11 08:52 PM
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5. If this is true, can we have a new Leader in the Senate. |
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Democrats are not going to get credit for cutting the Deficit. If those so called Centrists are wanting to go home and say they cut something/ Remind them it was their group that lost all those seats in the last election. Maybe we will get rid of all them once and for all.
I am sorry but this stuff is getting to me.
Democrats never know to stop when they are ahead.
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Cleita
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Thu Jul-14-11 08:55 PM
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6. I don't understand what dog McConnell has in this |
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fight. He is the minority leader, yet we are again subjected to tyranny by the minority over and over again. If the tables were turned, Reid wouldn't even be included in the meetings and McConnell would do whatever he liked.
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Enrique
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Thu Jul-14-11 08:58 PM
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7. i dont see anything about taxes |
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are we still demanding tax increases?
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applegrove
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Thu Jul-14-11 09:17 PM
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8. It seems McConnell's plan would not allow Obama to submit tax increases and such. |
Overseas
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Thu Jul-14-11 09:21 PM
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Sat May 04th 2024, 04:40 AM
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