New Grand Bi-Partisan Debt Plan: Cut $500 Billion Now, Increase Taxes by $1 Trillion
- Posted on July 19, 2011 at 3:38pm by
Jonathon M. Seidl
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WASHINGTON (AP) — Declaring “11th hour urgency” to raise the government’s borrowing limit, President Barack Obama on Tuesday hailed a plan by “Gang of Six” senators from both parties to reduce federal deficits as the kind of balanced approach that could break an economy-threatening deadlock. He said it was time for Congress as a whole to rally around such a proposal.
(Read some reaction to the proposal over on the blog)
“We don’t have any more time to engage in symbolic gestures, we don’t have any more time to posture. It’s time to get down to the business of actually solving this problem,” the president said.
Obama spoke even as House Republicans pushed toward a vote on separate legislation that would require trillions in spending cuts and agreement on a balanced-budget constitutional amendment in exchange for an increase in the debt ceiling, which the government says must be raised by Aug. 2 to avoid economic calamity. That House plan, expected to come to a vote Tuesday evening, was unlikely to get through the Senate, and Obama has said he would veto it if it ever arrived at his desk.
Facing the deadline in two weeks, Obama said he would call House Speaker John Boehner after Tuesday’s vote to invite him and other leaders back to the White House for meetings in coming days.
Obama, Boehner and other top leaders met last week for five days straight without reaching agreement, leading to warnings from credit agencies about dire consequences if the U.S. defaults on its obligations for the first time, rendering it unable to pay its bills.
Obama added his own warning Tuesday, saying that while financial markets have shown confidence thus far in Washington, it won’t last much longer if lawmakers fail to act.
But he found cause for optimism in the announcement Tuesday by leaders of a bipartisan “Gang of Six” senators that they’re nearing agreement on a major plan to cut the deficit by more than $4 trillion over the coming decade.
“I think it’s a very significant step,” Obama said, calling it “broadly consistent with the approach I’ve urged.”
The Gang of Six plan calls for an immediate $500 billion “down payment” on cutting the deficit as the starting point toward cuts of more than $4 trillion that would be finalized in a second piece of legislation. It would raise revenues by about $1 trillion over 10 years and cut popular benefit programs like Medicare and Medicaid – dealing out political pain to Republicans and Democrats.
That mixture of cuts and new revenue is the “balanced approach” Obama has urged, though it’s rejected by many Republicans because it would require higher taxes for some.
Rep. Dave Camp, Republican chairman of the House Ways and Means Committee, said the spending cuts and budget mechanisms in the plan could form the basis of a deal but tax increases would be a big problem for him and fellow GOP lawmakers.
“A trillion dollars is a lot, by any measure,” Camp said of the tax increases in the plan.
While praising the broader plan, Obama said it was still important to have a “Plan B” option being worked on by Senate Majority Leader Harry Reid and Senate Minority Leader Mitch McConnell as a fallback. The McConnell-Reid plan would give Obama the ability to raise the debt limit by $2.5 trillion in three installments over the next year without a separate vote by lawmakers. Instead, a panel of House and Senate members would be created to recommend cuts in benefit programs, with their work guaranteed a yes-or-no vote in the House or Senate.
While all that was going on behind the scenes, advocates of the legislation to be voted on in the House on Tuesday said it would cut spending by an estimated $111 billion in the next budget year and then by more than an additional $6 trillion over a decade – and require Congress to send a balanced budget amendment to the Constitution to the states for ratification – in exchange for raising the debt limit by $2.4 trillion.
With the measure facing a veto threat from the White House, Boehner said he was exploring other alternatives to avoid government default.
“I do think it’s responsible for us to look at what Plan B would look like,” he said at a news conference a few hours before the opening of debate on the legislation backed by conservative lawmakers.
Said Obama: “The problem we have now is, we’re in the 11th hour, and we don’t have a lot more time left.”
On a day of political theater, a group of House Republicans also boarded a bus for a 16-block ride to deliver a letter asking Obama to disclose his own plan for reducing federal deficits.
No administration officials were present to meet the delegation when the bus rolled to a stop outside the White House gates, and lawmakers gave copies of the letter to reporters.
Democrats said it was urgent that the debt ceiling be raised.
In a closed-door meeting in the Capitol, House Democrats listened to an audio of Republican President Ronald Reagan urging lawmakers in 1987 to raise the debt limit. “This brinkmanship threatens the holders of government bonds and those who rely on Social Security and veterans’ benefits,” he said then.
Nearly a quarter of a century – and numerous trillions of dollars in debt – later, Obama needs acquiescence from the Republican-controlled House and the Democratic-controlled Senate to win another debt ceiling increase. So far, efforts to agree on a package of spending cuts – the price demanded by GOP lawmakers for their votes – have proved futile.
Barring action by Congress to raise the $14.3 trillion debt ceiling, the Treasury will be unable to pay all the government’s bills that come due beginning Aug. 3. Administration officials, Federal Reserve Chairman Ben Bernanke and others say the resulting default would inflict serious harm on the economy, which is still struggling to recover from the worst recession in decades.
Reid announced Monday that the Senate would meet each day until the issue was resolved, including weekends.
—
Associated Press writers Erica Werner, Stephen Ohlemacher, Darlene Superville and David Espo contributed to this article.
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Comments (508)
Nick_D
Posted on July 19, 2011 at 3:55pmYou have got to be kidding me … when are these people going to do what WE want them to do ..
Report Post »watchmany2k
Posted on July 19, 2011 at 4:03pmWhen we vote TEA and make the GOP insignificant as the DEM..
Obama is wrong, seems like there’s a LOT of “progressive” in their “talks”
Report Post »cromag11b
Posted on July 19, 2011 at 4:03pmIs it really what you want or is it what you are told you want?
Report Post »smithclar3nc3
Posted on July 19, 2011 at 4:10pmObama is desperate to try an get anything in place as the conservative cut,cap and balance act comes down the pike.
Report Post »Anything that won’t tie his hands when comes to spending increases.
agameofthrones
Posted on July 19, 2011 at 4:15pmThe debt ceiling does NOT need to be raised and Republicans do not need to compromise. We didn’t elect them to compromise and sell out to appease the Democrats and Obama. This is another one of Obama’s crisis moments. They should call his bluff and represent us for a change. I hope they are not too comfy in their seats!
Report Post »mikem1969
Posted on July 19, 2011 at 4:17pmThe American people want trillions in cuts, entitlement reform and no tax increases. Increasing taxes now will kill more jobs and shudder more businesses. These morons need to do exactly what WE THE PEOPLE tell them to do since after all, they work for us.
Report Post »agameofthrones
Posted on July 19, 2011 at 4:22pmWhat is wrong with a fair tax so that the 40% or more who pay no taxes will actually be contributing to the taxes? Talk about loopholes. The middle class will soon cease to exist. There are no loopholes for us!
Report Post »the hawk
Posted on July 19, 2011 at 4:30pmJUST Cut spending ,and balence the budget already !
Report Post »vtxphantom
Posted on July 19, 2011 at 4:30pmSomething like this goes through and you are going to see, not a bloodbath in 2012, but an outright slaughter of any republican and many democrats in both the congress and senate. The middle class is going to be out for blood and rightfully so. The republican party is real close to destruction right now. It’s not going to take a lot to push the people over the edge.
paperpushermj
Posted on July 19, 2011 at 4:35pmI feel like I have come into a movie at the half way mark, with a sense that I’ve see this plot before. So here is my take on this latest scheme.
Report Post »1) Buy off those who scream for spending cut with Lower Tax Rates.
2) Us slight of hand to draw our focus to closing tax loopholes while slipping in tax increases elsewhere
3) Thinking we have not read a book in our life time they promise they will start the cuts in spending now with a down payment with the Lions Share to follow up later IN OTHER FUTURE LEGISLATION
EgoBrain
Posted on July 19, 2011 at 4:36pmCall your Senator.
Report Post »Islesfordian
Posted on July 19, 2011 at 4:36pmNow is the time to get angry, but not to bail. THIS isn’t the target battle. 2012 is. We don’t control the Senate or hold the White House. What did we think we could realistically accomplish right now? We need all three, and we need them stacked with real conservatives. If this budget deal becomes a debacle we can use that anger to ensure the heat stays on Republicans next year so that we get MORE Tea Party candidates in, take the Senate and caprure the White House.
Eyes on the prize, folks. Now is not the time for Summer patriots. The Tea Party transformation of the Republican Party is only two and a half years old. Anyone who gives up now wasn’t serious in the first place.
Report Post »MidWestMom
Posted on July 19, 2011 at 4:41pmPlain & simple: they never will. At least not until the whole mess of them are sent back home with their tails between their legs and are replaced with sane people.
Report Post »Lloyd Drako
Posted on July 19, 2011 at 4:41pmThe “40% or more who pay no taxes” do in fact pay taxes: sales taxes, gasoline taxes, and other regressive levies. Many of them pay into SS and Medicare even if they have no income tax liability.
They should be subject to income tax too, for the sake of the “fairness” we all cherish, but at an extremely low rate.
You mention the middle classes. There are plenty of loopholes for the middle classes. Why should they get a home mortgage deduction when renters get none? Why have charitable deductions, deductions for professional expenses, and so on, written off at all?
At the top, no breaks for big interests: no subsidies for oil or big agri, no write offs for “green” enterprises or for those that hire minorities, or for anything at all. Tax capital gains at the same rate as wages and salaries.
Report Post »Anonymous T. Irrelevant
Posted on July 19, 2011 at 4:42pmWhich of you wrote, emailed, or called your Rep., Speaker Boehner, and Senator? I just emailed all three. they NEED to hear from you. Otherwise, it’s just empty words on a forum.
Report Post »AmericanSince1619
Posted on July 19, 2011 at 4:45pmOnly Obama would consider a plan that taxes twice as much as it cuts “balanced”.
Report Post »SavingtheRepublic.com
Posted on July 19, 2011 at 4:46pm^____^____^
They will never listen, their solutions to everything is to always tax the people for their out of control spending. I hope everyone is taking notes and understands that they ALL have to removed from power. NO ONE can be allowed to continue their political career NO EXCUSES. “But what about so and so he/she has done good for the people for years?” Yeah really? I dont think so, so and so is part of the problem b/c they never took a real stand. I dont recall any of those “true statesmen/women” standing up in defiance against their own party let alone the opposition organizing a govt shutdown, walk out or sit in. NONE of them have done anything by means of civil disobedience in protest to what their fellow colleagues are doing. So sorry, so and so is fair game at this point. Esp since many of them have been in office way too long yet have the audacity to say “yea we need term limits”!
It has to end people we have to take this country back from these monsters you must come to grips that YOU are that someone you are waiting for to come along and do something about all of this!
56 men our Founding Fathers, had the courage to risk their lives, their fortunes and their sacred honor for freedom, prosperity and the pursuit of happiness. What are you prepared to do? http://SavingtheRepublic.com
Report Post »WakeUpAmerica1776
Posted on July 19, 2011 at 4:46pmHere is the real problem – We have averaged over the past fiscal year a 108 billion dollar deficit. This means each month, we add 108 billion dollars to the national debt – $ 108 Billion Dollars a Month!
Our average revenues were 192 billion per month and our average outlays are 300 billion per month. This is extremely serious and deadly to the republic. Out political elites want to play the spending cuts by xxx trillion dollar over 10 years game, but this will not cut it! We need to cut 35% from the budget as quickly as possible. I would strongly suggest a 6-12 month transition period so that departments can make necessary cuts to their budgets.
Clearly, the nation needs a Balanced budget amendment with capped spending at 40% of our current rate. We will have to transition into this so long as the transition occurs in less than 1.5 years. The Amendment should require a 2/3 majority of both houses to raise taxes or raise the spending cap.
Our revenue cannot be gained through raising taxes. It will collapse the economy, especially in the wake of inflation on food and commodities thanks to the FREE money this administration and the last has pumped into the economy. Keynesian economic theory is a total failure! May God grant someone in Washington some common sense rather than be infected with political dribble.
George Washington warned us of political parties and the danger of having them. It looks like The Old Man was right.
Report Post »oldoldtimer
Posted on July 19, 2011 at 4:47pmThe Senate casn pass anything they want. It will never make it through the House. GOP if you pass this garbage You will lose in 2012.We gave you another chance in 2010 and now you are again ignoring what the people tell you because of your eliteism. No, you do not know what is best for us. We told you what we wanted and waht was best. GOP you better listen.
Report Post »enemy of the statist
Posted on July 19, 2011 at 4:48pmHere’s the gang of six and Obama. Obama is second from left.
Report Post »http://www.dailysquib.co.uk/files.php?file=HoodieGangPA_468×318.jpg
MidWestMom
Posted on July 19, 2011 at 4:52pmAnonymous T. Irrelevant – Which of you wrote, emailed, or called your Rep., Speaker Boehner, and Senator? I just emailed all three. they NEED to hear from you. Otherwise, it’s just empty words on a forum
I did. Repeatedly.
Report Post »clinicalminded
Posted on July 19, 2011 at 4:55pmI think we are underestimating the majority of we. WE are not a majority. Look at all the demographics. Learn Spanish and study Marxism
Report Post »Anonymous T. Irrelevant
Posted on July 19, 2011 at 4:55pm@Lloyd Drako
Report Post »Why should the lower class get an “Earned Income Credit” when they earned no income? How the hell can they get cigarettes, booze, drugs, and tattoos when they just get food stamps and welfare?
Homeonwers get a mortgage deduction as an incentive to buy a house, because the housing market creates jobs and helps drive the economy. Professional expenses, such as a home office are an incentive for small business owners to start and maintain small businesses, which create jobs, which also help drive the economy.
I can’t say that I disagree with what else you have to say, except tax businesses who ONLY hire minorities and are not diverse. (It works both ways).
Tax breaks for any company/industry that remains or comes back to America. Get rid of Sarbanes/Oxley and NAFTA.
Sam Brown
Posted on July 19, 2011 at 4:57pmThe only way to stop this socialist BS is a nation wide stike to stop giving them our money. Socialism will die if it can’t take the money of the productive.
Orion the truth hunter
Posted on July 19, 2011 at 5:00pmThis is nothing new. I suggest that this plan be called “The J. Wellington Wimpy spending compromise” ( for those too young to know who he is see: http://en.wikipedia.org/wiki/J._Wellington_Wimpy , esp. the character section). This plan is no different than Wimpy’s “I will gladly pay you Tuesday for a hamburger today” line and should be remembered as such when we primary out anyone that votes for it.
Report Post »dont tread
Posted on July 19, 2011 at 5:03pm500 billion in immediate tax cuts, 1.2 trillion in revenues over 10 years…way to take things out of context blaze…
Report Post »cessna152
Posted on July 19, 2011 at 5:04pm@Lloyd Drako,
Report Post »It is a spending problem not a taxing problem. Lets put it this way:
I work three jobs making $100,000 per year. I have $90,000 in bills. My wife spends $200,000 per year… Do I need to work three more jobs? Is that the problem? No… it is her spending!!!
Anonymous T. Irrelevant
Posted on July 19, 2011 at 5:08pm@MIDWESTMOM
Report Post »Thank you. We need more people to get involved personally like that. An email isn’t hard to send, a phone call doesn’t take very long. Remember the immigration bill that got defeated about three or four years ago by people calling and shutting down the switchboards?
If your Reps don’t hear from you, they won’t know.
MONICNE
Posted on July 19, 2011 at 5:10pmThat fact is that we are not (as a country) “broke,“ the country has plenty of cash and this ”broke” word is just a scary talking point that has recently become popular. In my family, when a family member has financial issues – that do arise time to time, we all get together to help them through it (wisely – no bailouts) so they do not become a burden on their neighbors. I would like to consider my countrymen part of my extended family at this time.
Report Post »Here is a challenge to those of us who have done well and prospered from the providence of our economy for the past ten years. I think that if some of our better off patriots, entrepreneurs and investors could join me in a one time payment of $2,000 or more to pay off a few Trillion dollars of the Iraq War debt incurred since 2000; everything would be a little better here, a little less harsh, and a little more optimistic. Also that 40 cents per dollar debt service fee would become 16 cents! We could walk out of debt without
MOVETERAN
Posted on July 19, 2011 at 5:18pmWhen we vote them out.
Report Post »drphil69
Posted on July 19, 2011 at 5:19pmoooh… $111 billion in immediate cuts! That means that next year’s deficit will ONLY BE $1.39 TRILLION!
oooh… $4 trillion over 10 years… so it only adds what… $11 trillion in NEW debt?? (This years deficit about $1.5 trillion times 10 years = $15 trillion… subtract out $4 trillion…)
Joy! Joy! We are SAVED! All hail Obama!
redduke
Posted on July 19, 2011 at 5:23pmAs long as the Democrats hold the Senate and Presidency you cannot get what YOU want. Period. TEA had their chance and did not gain enough seats in the Senate. Right now, the fact is compromise is the only answer. As hard to swallow, that is the fact of life. Live with it and do better the next election. The problem is, there is a huge socialist-leaning segment of our society.
Report Post »Contrarian51
Posted on July 19, 2011 at 5:32pmConsider our economy as the world’s largest airplane that has veered off course. I swear that most of you would choose to address the problem by flying into a mountain rather than starting a controlled turn. The House has had it’s symbolic chest-thump that will NEVER be enacted until Republicans control the Senate and the White House, IF that can be achieved without giving the House back to the Democrats. It’s time to get the best deal that can be gotten, and get out a clear, coherent message as to why it couldn’t be better and who bears responsibility for that. Marco Rubio is the only Republican who seems able to state the case convincingly and compellingly right now. Everyone else is either caught in the middle a la Boehner or is taking the oh-so-mature approach of Eric Cantor and his supporters by threatening to hold their breath until they turn blue, not realizing that there are just as many on the left doing the same stupid thing.
Argue all you want about whether a default on 8-2 is real or technical. To the ratings agencies ans markets, they’re the same. If it happens, you’ll be pining for the crash of 2008-2009 because that will look like the good old days by comparison.
Like it or not, we have divided government, and you have to choose between a compromise or a crash. So many self-described Tea Party supporters (did you REALLY attend one?) seem to think the latter is preferable. Don’t whine when your 401k/IRA gets cut in half again. Grow up.
Report Post »Countrygirl1362
Posted on July 19, 2011 at 5:35pmIf they are raising the borrowing limit, we are not cutting anything. We are just spening more. $500 billion cut is not even a drop in the bucket. The new interest from the new borrowing will eat that up in less than a day.
Report Post »encinom
Posted on July 19, 2011 at 5:37pm@A Doctors Labor Is Not My Right
So your solution is to throw a violent temper tantrum when things don’t go your way, boo-hoo-hoo. Next time take off the pretty pink dress, leave the tea party and join the adults. The adults made a deal to take care of the mess left by the Texas Man-by, the littles girls at the tea party just sat around and whined.
hauschild
Posted on July 19, 2011 at 5:39pmIf those candy-assed RINO’s cave, there will be hell to pay!!!
Report Post »Contrarian51
Posted on July 19, 2011 at 5:40pmOne other thing. Nobody wants any tax increases. Closing loopholes? Nope, that’s a tax increase. Wiping out credits, exemptions, deductions, waivers, subsidies, nope, all are tax increases. So by that logic, you’re all fine with the system that allows GE to pay nothing, that allows GE to subsidize GM and, in turn, have GE subsidized for doing that.
See, it’s crap that GE was able to game the system like they did, but if go after GE and take away all their goodies, you have to take the same goodies away from everyone. If that’s a tax increase, I’m all for it. Want to stop subsidizing ethanol? Then you have to stop subsidizing both big oil and all other energy companies. Frankly, I’m for it. I’m pretty sure these companies can thrive in the pure free market system that you all claim to favor.
A Doctors Labor Is Not My Right
Posted on July 19, 2011 at 5:51pm@Contrarian51,
“Like it or not, we have divided government, and you have to choose between a compromise or a crash.”
No, you don’t understand. This administration’s goal is to destroy the American economy, and they are working to crash it, one way or another – compromising with them does us no good.
They could cut all the entitlement programs, but because they are Marxists intent on destroying our economy, they aren’t going to do that – instead, if we do the right thing and force them to stop spending so much, they will say “if you would have just given us your money to spend, we wouldn‘t have to devalue America’s currency to get the money to spend how we were going to, anyway”.
I say, since they are intent on collapsing our economy into Socialism, that there is no other choice for us to save our liberties and our economy than to default.
Report Post »margo7000
Posted on July 19, 2011 at 5:51pmThey can kiss their seats goodbye……The best thing is to vote all newbies in with NO political expereince. Business owners know what the taxes and regulations are doing and let them fend for themselves, which unfortunalty wil be relaxing on a beach somewhere because they are ALL wealthy….
Report Post »Oh My God
Posted on July 19, 2011 at 5:53pmIsn’t a trillion bigger than a billion??? This plan don’t make cents (pun intended).
Report Post »booger71
Posted on July 19, 2011 at 5:56pmThe new middle class are the welfare moochers.
Report Post »LOOKINGFROMTHERIGHT
Posted on July 19, 2011 at 6:06pmThis would be a suicide pact with the devil.
Report Post »Contrarian51
Posted on July 19, 2011 at 6:10pm@A Doctors Labor Is Not My Right
I understand very well, thank you. I can see very well what Obama and his minions are trying to do. Unfortunately, they control 2/3 of those parts of government that decides what can and can’t be legally done. Until 2013, we’re stuck with fighting them the best we can, and that’s what needs to be done.
What you seem to not understand or care about is how catastrophic a default will be. To damage or destroy the “full faith and credit” of the United States is most likely to have an effect you’re really going to hate, i.e. helping support a case for a new global reserve currency that is NOT the U.S. dollar. But hey, if that trips your trigger, have at it.
Report Post »Contrarian51
Posted on July 19, 2011 at 6:44pm@cessna152
Whether or not you need a second or third job depends on how old you want to be when you get the debts paid off. Yes, your wife would need to stop spending, no question. Let’s say she does. Are you willing to live like a pauper or would you not also try to bring in additional income?
Most folks on these boards were infuriated about GE not paying anything on billions in profits, yet if I were to propose eliminating the loopholes that allowed them to do so without putting it in the context of GE’s situation, I’d get accused of advocating tax increases.
Here’s what the Republicans ought to do. Go through GE’s tax filings and list every loophole, exemption, subsidy, waiver and deduction. Without naming GE, take the list to Obama and say ‘Look at all the stuff corporate fat cats are using to dodge paying their fair share. You want more tax revenue? Agree to get rid of all this nonsense and presto, here’s your increased tax revenue.’ Dare Obama to say no.
Report Post »jhaydeng
Posted on July 19, 2011 at 6:50pmDo they think we are stupid? A trillion dollars doesn’t even cover the interest payments let alone the principle! I hope we all remember this on election day 2011 and 2012!
Report Post »RIGHTHOOK
Posted on July 19, 2011 at 6:57pmYup, juST lost my lunch all over my Orange County (Republican county) office. Total and complete disgrace!
Report Post »A Doctors Labor Is Not My Right
Posted on July 19, 2011 at 7:03pm@MONICNE,
“That fact is that we are not (as a country) “broke,“ the country has plenty of cash and this ”broke” word is just a scary talking point that has recently become popular.”
Actually, since cash is just a medium of exchange, the amount of cash cannot tell you how much wealth a country has – not that measuring the amount of wealth a country has is useful, since wealth belongs to the individuals who earned it.
At any rate, cash and wealth are two different things.
“In my family, when a family member has financial issues – that do arise time to time, we all get together to help them through it (wisely – no bailouts) so they do not become a burden on their neighbors.”
When my family has financial issues, they don’t hire thugs to confiscate my wealth under threat of imprisonment.
As it is, though, it is exactly this kind of collectivist thinking that has lead to the financial crisis we’re in today, so … not more of the same, thank you very much. We were doing just fine before central planning.
See here.
Anti-trust, Anti-truth
http://mises.org/daily/436
And here.
Monetary Lessons from America’s Past | Thomas E. Woods, Jr.
Report Post »http://www.youtube.com/watch?v=91OIBnrjzLU
A Doctors Labor Is Not My Right
Posted on July 19, 2011 at 7:11pm@encinom,
“So your solution is to throw a violent temper tantrum when things don’t go your way, boo-hoo-hoo.”
You can’t have it both ways. Either the government must adhere to our Constitutional Republic, or the law no longer protects them, either.
By what stretch of the imagination can you support violating the will of the people in favor of supporting the will of the people? That’s a contradiction.
And I‘m supposed to believe that they’ll respect the rule of law THIS time? You are in La-La Land, my friend.
Report Post »Ready2Rumble
Posted on July 19, 2011 at 7:18pmAny Charlie Brown who votes for this needs to be tossed out in November, 2012. The Charlie Browns hold all of the cards and are doing what WE sent them to do…..0 has nothing. If the Republicans agree to ANY tax increases, what’ll happen is this:
1) The Democrats will renege on the spending cuts like they did in 1986.
2) The Democrats will renege on the spending cuts like they did in 1990.
3) The Charlie Browns will be replaced in 2012.
Any questions?
Report Post »A Doctors Labor Is Not My Right
Posted on July 19, 2011 at 7:27pm@Contrarian51,
“What you seem to not understand or care about is how catastrophic a default will be. To damage or destroy the “full faith and credit” of the United States is most likely to have an effect you’re really going to hate, i.e. helping support a case for a new global reserve currency that is NOT the U.S. dollar. But hey, if that trips your trigger, have at it.”
I understand that the default that MUST happen if we continue on the path that we’re on will continue to grow in destructive power, which is why we have to shrink the size of government, and stop the entitlements, now so that it doesn’t get any worse.
You warn of destruction if a default occurs, but, like Ron Paul says, the Marxists are already causing a default by printing (or digitizing) so much money. The default is happening now, and the Marxists intend it to continue until they can make the case for a global currency and a global government.
So, if you think it’s better not to default completely, than to allow the Marxists to cause the default, then you still think they mean well. They WANT to collapse our economy into Socialism, and raising the debt ceiling is PART of how they want to accomplish this, so they can devalue our money further.
Please watch this when you have the time.
Smashing Myths and Restoring Sound Money | Thomas E. Woods, Jr.
Report Post »http://www.youtube.com/watch?v=HAzExlEsIKk
Bear
Posted on July 19, 2011 at 7:29pmIs this how the Congress gets out of doing what they promise to do now,create a Gang of 6,7,14 whatever….. that some how hypnotized the rest of Congress into voting their way so both sides can say they were held hostage and couldn’t stop it because of that darn,uncontrollable Gang of 6?I don’t Buy this sHiTz any more,,Republicans hold fast or you will Loose my Vote!
Report Post »flagman texas marine
Posted on July 19, 2011 at 7:34pmMost of them never will.
Those that don’t need to be replaced
Semper Fi
Report Post »encinom
Posted on July 19, 2011 at 7:36pmA Doctors Labor Is Not My Right
Posted on July 19, 2011 at 7:11pm
@encinom,
“So your solution is to throw a violent temper tantrum when things don’t go your way, boo-hoo-hoo.”
You can’t have it both ways. Either the government must adhere to our Constitutional Republic, or the law no longer protects them, either.
By what stretch of the imagination can you support violating the will of the people in favor of supporting the will of the people? That’s a contradiction.
And I‘m supposed to believe that they’ll respect the rule of law THIS time? You are in La-La Land, my friend.
_______________________________________________________________________________
What a child’s way of thinking of the role of Congress. An elected official is not beholden to a small minority of voters or even a large majorty. You vote for a candidate who you believe shares your same values, but once elected that Congressman’s duty is to the Constitution and the Nation, not to any group of voters. His oath does not mentioning bending to the whims of his district. In the 1960′s the polls were showed a majority of Americans opposed to the Civil Rights Act, should Congress not of passed that?
You do not understand what it means to be a Republic, it means that there is no majority rule. You are nothing more than a child having a temper tantrum because you disagree with a course of action. We are not a direct democracy and one of the drawbacks is that our reps are fre
Report Post »flagman texas marine
Posted on July 19, 2011 at 7:39pmWashington does not have an income problem.
Report Post »They do have a spending problem.
Cut out all the giveaway programs
and have the 47% that don’t pay taxes start paying
their fair share
A Doctors Labor Is Not My Right
Posted on July 19, 2011 at 8:06pm@”What a child’s way of thinking of the role of Congress. An elected official is not beholden to a small minority of voters or even a large majorty. You vote for a candidate who you believe shares your same values, but once elected that Congressman’s duty is to the Constitution and the Nation, not to any group of voters. His oath does not mentioning bending to the whims of his district.”
The Constitution IS the will of the people; And my argument wasn‘t that a representative’s oath obliges them to bend to the whims of their district. They are a representative, as you say, But their oath of office DOES restrict their authority as follows:
US Constitution, Article 6
This Constitution, and the Laws of the United States which shall be made in Pursuance thereof; … shall be the supreme Law of the Land.
Neither the legislators, nor the Supreme Court, may violate the Constitution.
(Continued on next post)
Report Post »A Doctors Labor Is Not My Right
Posted on July 19, 2011 at 8:06pm(Continued from prior post)
“In the 1960′s the polls were showed a majority of Americans opposed to the Civil Rights Act, should Congress not of passed that?”
They should NOT have passed that.
See here.
A black man’s view on Ron Paul being racist Part 1
http://www.youtube.com/watch?v=k6sYZxZi4qQ
(Continued on next post)
Report Post »Gold Coin & Economic News
Posted on July 19, 2011 at 8:07pmIf any RINO votes to give our hard earned money, in the form of taxes, to politicians that have lied since the day they were born, they are so done. You might as well hang up your political careers.
Report Post »A Doctors Labor Is Not My Right
Posted on July 19, 2011 at 8:09pm(Continued from prior post)
“You do not understand what it means to be a Republic, it means that there is no majority rule. You are nothing more than a child having a temper tantrum because you disagree with a course of action. We are not a direct democracy and one of the drawbacks is that our reps are fre …”
You got cut off, but I got the jist, I think.
Our Founders Clearly explained what our Constitutional Republic was.
See here.
Federalist Papers #14
http://www.constitution.org/fed/federa14.htm
“Under the confusion of names, it has been an easy task to transfer to a republic observations applicable to a democracy only; and among others, the observation that it can never be established but among a small number of people, living within a small compass of territory.”
(Continued on next post)
Report Post »A Doctors Labor Is Not My Right
Posted on July 19, 2011 at 8:10pm(Continued from prior post)
Also here.
Federalist Papers #48
http://www.constitution.org/fed/federa48.htm
“In a government where numerous and extensive prerogatives are placed in the hands of an hereditary monarch, the executive department is very justly regarded as the source of danger, and watched with all the jealousy which a zeal for liberty ought to inspire. In a democracy, where a multitude of people exercise in person the legislative functions, and are continually exposed, by their incapacity for regular deliberation and concerted measures, to the ambitious intrigues of their executive magistrates, tyranny may well be apprehended, on some favorable emergency, to start up in the same quarter. But in a representative republic, where the executive magistracy is carefully limited; both in the extent and the duration of its power; and where the legislative power is exercised by an assembly, which is inspired, by a supposed influence over the people, with an intrepid confidence in its own strength; which is sufficiently numerous to feel all the passions which actuate a multitude, yet not so numerous as to be incapable of pursuing the objects of its passions, by means which reason prescribes; it is against the enterprising ambition of this department that the people ought to indulge all their jealousy and exhaust all their precautions.”
Report Post »10th MTN DIV SCOUT
Posted on July 19, 2011 at 9:04pmi love the way everyone says lets just pull the free handouts. Let me tell you something..I fell out of a helicopter in Iraq and destroyed my back and knees. I was made broken by a country of people who take that for granted. I cant play with my kids. No one will hire me because of the liability issues with my back NOT even walmart believe me i tried. Not to mention SS denied me. Now i agree with revoking it from people who dont deserve it…but i fought and got messed up so that everyone here who says revoke everyones “free handouts” can preach that crap. To me it’s not a free handout. I’m in pain on a daily basis with a 80% disability rating. What have you done for your country other than sit on a forum and B*tch. Now im not speaking about the veterans but for those of you who preach how your dad was in or your uncle was in or cousins. You have no room to remove ANY veterans benefits. If you believe in that you should be shot Period!
Report Post »10th MTN DIV SCOUT
Posted on July 19, 2011 at 9:05pmYou know i get a kickout of the way everyone says lets just pull the free handouts. Let me tell you something..I fell out of a helicopter in Iraq and destroyed my back and knees. I was made broken by a country of people who take that for granted. I cant play with my kids. No one will hire me because of the liability issues with my back NOT even walmart believe me i tried. Not to mention SS denied me. Now i agree with revoking it from people who dont deserve it…but i fought and got messed up so that everyone here who says revoke everyones “free handouts” can preach that crap. To me it’s not a free handout. I’m in pain on a daily basis with a 80% disability rating. What have you done for your country other than sit on a forum and B*tch. Now I’m not speaking about the veterans but for those of you who preach how your dad was in or your uncle was in or cousins. You have no room to remove ANY veterans benefits. If you believe in that you should be shot Period! We are the reason you have your freedoms.
Report Post »BlueStrat
Posted on July 19, 2011 at 9:28pmI’m really upset with Senate Republicans over this and the McConnell plan. These two plans are nothing more than smoke-and-mirrors, raise taxes now and maybe some cuts later. Same old “business as usual” BS.
HECK NO!!!!
I promise “primary” my Senators and Representatives if they vote for either the McConnell or the “gang of six” bills.
The Ryan budget has been the ONLY plan that actually does enough to MAYBE…that’s *MAYBE*…avoid the US credit rating being downgraded.
If the US’ credit rating gets downgraded, it’s ALL OVER folks! Take a GOOD look at Greece, because that‘s what we’ll be.
We need to hold a “Second Amendment Rally – Bring Your BIGGEST Guns!” in D.C. on the same day they plan on voting. Maybe they’ll take the “hint”.
Report Post »vorpal
Posted on July 19, 2011 at 9:35pmthis is a “nudge” our elected officials have failed us.
Report Post »Once again the vote is our final weapon.
BlueStrat
Posted on July 19, 2011 at 9:50pm@ Vorpal
No, the vote isn’t “our final weapon”. There’s a REASON for the Second Amendment, and it ain’t hunting!
Remember two things:
1) The four boxes to be used in defense of Liberty…Soap, Ballot, Jury, and Ammo in that order.
2) The Declaration of Independence:
“We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable rights, that among these are life, liberty and the pursuit of happiness. That to secure these rights, governments are instituted among men, deriving their just powers from the consent of the governed. That whenever any form of government becomes destructive to these ends, IT IS THE RIGHT OF THE PEOPLE TO ALTER OR TO ABOLISH IT, AND TO INSTITUTE NEW GOVERNMENT, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their safety and happiness.”
Report Post »A Doctors Labor Is Not My Right
Posted on July 19, 2011 at 10:33pm@10th MTN DIV SCOUT,
“I fell out of a helicopter in Iraq and destroyed my back and knees. I was made broken by a country of people who take that for granted. I cant play with my kids. No one will hire me because of the liability issues with my back NOT even walmart believe me i tried. Not to mention SS denied me.”
Hero, first let me say that the reason companies won’t take chances on hiring the disabled is because fear being hit with lawsuits due to the Americans with Disabilities Act.
See here.
Thought Controllers Call Ron Paul “Extreme”
(on the Americans with Disabilities Act)
http://www.youtube.com/watch?v=9FFhSr1A1do#t=21m13s
Second, in a free market – unlike the highly regulated and taxed corporatist market we have now – there are plenty more opportunities for employment.
Can I please get you to watch this video?
How to Reach the Left | Roderick T. Long
http://www.youtube.com/watch?v=t4hjO1ak4_M
(Continued on next post)
Report Post »A Doctors Labor Is Not My Right
Posted on July 19, 2011 at 10:34pm(Continued from prior post)
“Now i agree with revoking it from people who dont deserve it…but i fought and got messed up so that everyone here who says revoke everyones “free handouts” can preach that crap. To me it’s not a free handout. I’m in pain on a daily basis with a 80% disability rating. What have you done for your country other than sit on a forum and B*tch. Now im not speaking about the veterans but for those of you who preach how your dad was in or your uncle was in or cousins. You have no room to remove ANY veterans benefits. If you believe in that you should be shot Period!”
With the previous thoughts in mind, regarding free markets, consider that you not only fought and got messed up so that we could spout off, but also to secure the inalienable rights of your fellow citizens.
One of those freedoms you fought for is freedom from government tyranny. Look first at what our Founders said about paying for troops, and then about the danger to liberty that a standing army presents.
See here.
US Constitution, Article 1, Section 8
“The Congress shall have Power … To raise and support Armies, but no Appropriation of Money to that Use shall be for a longer Term than two Years;”
(Continued on next post)
Report Post »A Doctors Labor Is Not My Right
Posted on July 19, 2011 at 10:36pm(Continued from prior post)
Sir, with these thoughts of our Founders in mind, understand that as an agent of our government, your service was not a job, though those who wish to grow the size of government will tell you otherwise.
Your compensation (which is not a wage) was payed out of the Treasury, and as such, it was yours only insofar as it was used to fulfill the role of government. After your service, you are not Constitutionally entitled to the people’s money.
I hope that my words aren’t just ******* off a hero, because they are meant to give you perspective, and to give you the correct target for your anger. Please bear with me some more.
To be sure, anyone who wouldn’t try you out for a position in thanks for your decision to fight for our liberties – assuming they could economically afford to do so – is not an honorable person; though that is their right not to do so.
But it’s not just the size of the armed forces which are a drain on productivity, and therefore creates barriers to entry in the market; it’s also because of the entitlement programs you mention.
See here.
Thought Controllers Call Ron Paul “Extreme”
(on entitlement programs)
http://www.youtube.com/watch?v=9FFhSr1A1do#t=00m34s
(Continued on next post)
Report Post »A Doctors Labor Is Not My Right
Posted on July 19, 2011 at 10:36pm(Continued from prior post)
See, what the Progressives won’t tell you, or haven’t figured out, yet, is that these entitlement programs are Marxist in nature, and your hero forebears actually fought wars to set people free from this kind of system which has destroyed many nations in the past. Socialism/Marxism destroys lives and countries, while it is the free market that our Founders WANTED us to have that made us the greatest nation on earth, and which we need to return to before we lose everything for which our Founders fought.
Please, if you have time, read the following article to understand how a Collectivist idea of “competition” turned the definition of “monopoly” on its head, and made government the CREATOR of monopolies.
Anti-trust, Anti-truth
http://mises.org/daily/436
Hero, entitlement programs are what you DON’T want, if you can help it. Please consider the links I’ve provided, and please keep reading TheBlaze, and perhaps we’ll talk again.
Report Post »A Doctors Labor Is Not My Right
Posted on July 19, 2011 at 10:46pm@10th MTN DIV SCOUT,
TheBlaze completely skipped over the part of my post which said:
“And then here.
“Federalist Papers #41″
Federalist Papers #41 is very important. If you have the time, look it over, because it talks about the dangers of a standing army.
I quoted a relevant portion of it, and TheBlaze decided not to post it.
Report Post »cyndidm
Posted on July 19, 2011 at 10:51pmhas anyone asked themself, why does Obama need another 2.4 trillon? could it be to fund his re-election campaign through the White House Council for Community Solutions?
Report Post »I say no to allowing an increase in the debt ceiling. There is too much ambigious wording in this proposal that could be interpreted just about any way they want.
Could someone follow the money ?????
cemerius
Posted on July 20, 2011 at 7:00amahh the gang of 6 “puppets” remember the gang of 14? You know that amazingly conservative leader of it? John McCain and how he would be a “uniter”? ha ha ha “6 gangbangers” to control the world one kenyan to rule them…..
Report Post »anthrax13
Posted on July 20, 2011 at 7:16amMr. Soros just want to tell you you are being used also in their master plan-soros 13.2546612661123
Report Post »anthrax13
Posted on July 20, 2011 at 7:17amsoros 13.2546612661123 YOU ARE BEING USED ALSO MR. SOROS
Report Post »Jackers
Posted on July 20, 2011 at 8:01amBoth parties will pass their “bi-partisan” plan, and it will hurt all of us!
Let’s face it. We the People pay the bills; but yet, we have no voice on Capitol Hill. Most of these political dinosaurs believe they do not need to listen to the American people… Global unions, global corporations, and special interest groups rule this roost…
Isn’t it bizarre how the borrowers (Democrats) cut deals with the borrowers (Republicans) and we, the lenders, have no seat at the table; and worse, it’s all at our expense.
Report Post »GhostOfJefferson
Posted on July 20, 2011 at 9:04am@10th Mtn Scout
“You have no room to remove ANY veterans benefits. If you believe in that you should be shot Period! We are the reason you have your freedoms.”
Nobody made you join the military, kid, get over yourself and your pity party. And frankly, if you believe that those who disagree with you need to be killed, then you clearly don’t understand the “freedoms” you claim, or pretend to claim, to have “fought for”. Grow up.
Report Post »tifosa
Posted on July 20, 2011 at 9:09amIt IS what you want: WaPo/ABC poll: 72% favor raising taxes on those making 250k or more, incl 54% of GOPers. http://wapo.st/mZzzJK
Report Post »Curioso
Posted on July 20, 2011 at 11:09amIn one word. NEVER!!!!!!!!!
Report Post »A Doctors Labor Is Not My Right
Posted on July 20, 2011 at 1:12pm@tifosa,
“It IS what you want: WaPo/ABC poll: 72% favor raising taxes on those making 250k or more, incl 54% of GOPers.”
I‘m not disputing the numbers primarily because it doesn’t affect my response. But to your understanding of “consent” being a majority, this needs to be said:
We are a Constitutional Republic, not a Democracy, and while such numbers can be used to support or undermine arguments which depend on a Majority for its legitimacy (which is why the Right used the 60% number to argue against the claim that America wanted Obamacare, which was touted as the reason why it was passed), the same numbers cannot be used to justify violations of individual inalienable rights (which is why it ultimately doesn’t matter how many people support/oppose Obamacare).
Our Founders understood this concept of individual inalienable rights, which is why the Constitution cannot be used to justify collectivist violations of them.
See here. (There’s not a lot of context I can provide with the character limit on one post, unfortunately. Please read all of Federalist Papers #10.)
Federalist Papers #10
http://constitution.org/fed/federa10.htm
“To secure the public good and PRIVATE RIGHTS against the danger of such a faction, and at the same time to preserve the spirit and the form of popular government, is then the great object to which our inquiries are directed.”
Report Post »Bum thrower
Posted on July 20, 2011 at 1:40pmThe ‘ruling class’ of BOTH parties has gotta go. Any one who votes for this BS is TOAST!!!
70% of the American people know ‘its the spending, stupid’…. THe ‘tea party’ is going to put a stop to the ruling class game….or else…………
Report Post »A Doctors Labor Is Not My Right
Posted on July 20, 2011 at 1:48pm@Bum thrower,
“The ‘ruling class’ of BOTH parties has gotta go. Any one who votes for this BS is TOAST!!!”
Ron Paul 2012!
Report Post »Hollywood
Posted on July 20, 2011 at 4:02pmWhen cows jump over the moon, after passing their flying pig friends!
Report Post »Contrarian51
Posted on July 20, 2011 at 9:15pm@cyndidm
It’s got nothing to do with Obama needing another $2.4trillion. The debt ceiling is not a personal credit card for the president.
Suppose Congress refuses to raise the debt ceiling. Not one more borrowed dollar. Hooray, everyone here is happy. Then – not that it could ever possibly happen – let’s just say we get attacked by some rogue state. Not that there ARE any rogue states and certainly NONE who might EVER attack us, of course, that’s just silly, but let’s just say. How do we respond? With what? We have no money, and we’ve made it illegal to borrow any more. Now what?
Visualize some other catastrophic event, perhaps a natural disaster, not that it EVER happens here, of course, but let’s just say it could. FEMA needs to respond. With what?
Here‘s the point I’m trying to make that the ideologues reject on the grounds that it doesn’t reflect their absolutist devotion to their self-described conservative purity (which got us Sharon Angle and Christine O’Donnell and cost us control of the Senate, and thus the ability to truly restrain Obama, but hey, they were ideologically pure and toed the Tea Party line so who cares what the cost was?): It’s become clear that a default will be catastrophic to the U.S. and global markets, with your 401k and IRA taking a hit that makes 2008-09 seem like a party, Republicans will be blamed, Democrats will likely retake the House, keep the Senate and Obama gets another term. What will be left to salva
Report Post »Oldphoto678
Posted on July 21, 2011 at 7:02amWell, being that you are just a small minority it will probably be a while. You see, the vast majority of Americans consider the tea party to be extremist, and will not support you or your candidates.
Palin, Bachmann, West, Cain, the idiot from Texas, and all the rest. Not one of them will ever be President.
Report Post »drbage
Posted on July 21, 2011 at 10:33amWhere was all the talk about compromise when the Dems were crafting Obamneycare behind closed doors and Pope Pelosi infamously responded to a reporter’s question that the Congress had to pass the bill and once it became law, they could read it to see what is in it. All this talk about spend now, tax now, and cut later is about as reliable as the infamous “doc fix”–lots of talk, but no action, but kicking the can down the road.
Report Post »republic2011
Posted on July 19, 2011 at 3:54pmTax the middle class and tax the rich less. That‘s what Obama’s plan really does. 49% of our population pays nothing in taxes (nothing). The top 1% pays 40% of the taxes. There rest of us, professionals and small business owners in the private sector pay the rest. Don’t you think the rich already pays its fair share? What about the 49% that pay nothing? We have the most progressive tax system in the world. What gives people a bad taste in their mouth is when companies that are in bed with the administration pay $0 in taxes. Then that is blamed on capitalism and fat cats, when, in reality, that is the current administration giving their buddies a chance to legally steel from the American people. Anyone stupid enough to believe Obama’s lies deserves the consequences. Unfortunately, there are a lot of stupid people out there that have bought into this whole distribution of wealth idea. God help us.
www.IMovedOn.org
Posted on July 19, 2011 at 4:27pmSomeday, those 49% who don‘t pay taxes will realize that they paid dearly for Obama’s “soak the wealthy” approach. Ask anyone who has been unemployed for a year or more what it cost them.
Sure the wealthy “can afford it”… but does the public have the right to take it? Not many wealthy individuals would be unwilling to fund the government to a higher level if they felt that their money was being spent wisely. When Michelle Obama has 40 servants and Barack takes his family on a $1millon/week vacation to Marthas Vinyard and when Obama can justify spending hundreds of thousands of our dollars to pay for vanity flights of AirForceOne over NYC…to take pictures of the plane….this is a government which is out of control and does not deserve our support.
“Let them eat cake” was vocalized by another tyrant in another era while that tyrant lived the “good life” while the people starved.
The rich are wealthy because they hate to waste money. When the U.S. Government begins to take the same attitude, America will once again be a wealthy country.
Report Post »JRook
Posted on July 19, 2011 at 4:46pm@www.IMovedOn.org Wow that all sounds great. But tell me where did the $14 trillion in deficit spending go. Perhaps some of that has found its way into the portfolios of the wealthy. We know a good number of investment banker types benefited from Bush Jr’s bailout. So many seem to ignore where the $14 trillion was spent on and who benefited. Even money spent on Medicaid went by and large to hospitals, physicians and drug companies. A good portion of the defense budget does not go to the troops as reflected in the health of military contractors. Too many corporations in all industries and the wealthy through them have used the Federal government as an ATM, while at the same time advocating that taxes stay at a level that does not cover the spending. I’m on board so long as we start with cutting everything equally to balance the current budget. Then I will know that law makers on both sides of the isle are serious and ready to confront their major contributors to their campaign who lobby constantly for spending which they benefit from.
Report Post »MONICNE
Posted on July 19, 2011 at 5:12pmEverybody who earns a paycheck pays some FICA taxes, they get released from Income taxes if they are poverty cases.
Report Post »hauschild
Posted on July 19, 2011 at 7:30pmI get a kick out of the Marxist’s cry of “shared sacrifice” – yeah, only half the population actually has to sacrifice, and unfortunately, it’s the ones that are productive versus the usual slugs.
Like a 5 year old child that learns by jumping out of bed, turning on the light and ripping open the closet door – that the bogey man does not really exist – so, too, should all you idiots that think the sky will fall at the stroke of midnight on August 2nd. This is all a complete sham and too many of ya’ll are falling for it.
Please, please, if for no other reason than to prove complete fools wrong, let the debt ceiling drop-dead date pass without an extension. This would mark the beginning of the healing of America as we all finally come to grips with reality and determine what is really important. Instead, we’ll get another meaningless extension, another 4 or 5 years of short term gain before it all goes haywire again.
I have never been so dumbfounded as an American citizen in my entire life. This era trumps everything I’ve lived thru by leaps and bounds.
Report Post »@ Coyote2
Posted on July 19, 2011 at 10:08pmMore taxes will penalize those that are creating the economy and jobs that we do have.
Report Post »BlackCrow
Posted on July 19, 2011 at 3:54pmAnybody who would raise taxes in todays economy is an IDIOT!!!!!
Remember the last election? Dems and RINO’s should both be thinking about 2012 and remember what happened.
VRW Conspirator
Posted on July 19, 2011 at 4:11pmcome on Crow…it is just on those EVIL rich people…you know…like EVERY Congressman, Senator, the President, the Supreme Court Justices, and all those government staffers and employees under Obama that received raises while the rest of us took pay cuts…you know…those Federal employees making in excess of 120,000 a year now for a job that would pay half that in the public sector…
just those guys… yeah…. as if……
Report Post »lets see…450,000 Federal employees…0n average getting paid 20,000 over the private sector…hmmm…
450,000 times 20,000 = 9 Billion in cuts we can make right off the bat!!! or better yet…give that 9 Billion to the average military E1-E8….
CatB
Posted on July 19, 2011 at 4:36pmYes .. THEY ARE IDIOTS >>> LEAD BY THE BIGGEST IDIOT I HAVE EVER SEEN (and yes I lived through CARTER) OBAMA IDIOT AND CHEIF
2012 the end of an ERROR
TEA! LIBERTY!
jim
Posted on July 19, 2011 at 3:54pmA “down payment” plan in cuts is passing the buck… the rest will never get cut. Obama will lie and never cut the rest. We know this. Stick with the House plan. There can only be a 1 for 1 trade in cutting spending to raising the debt ceiling, with NO TAXES. The Senate is caving in for Obama. We must put a stop to this spending addiction by the Dems… the Republicans cannot be made the tax collectors of the failed Obama socialist economy.
Report Post »Lamarr01
Posted on July 19, 2011 at 4:44pmAssuming the gang of six can really cut spending by $500 billion, raise Obama’s credit card limit by $500 billion and forget about the tax increase. A tax increase at this time would guarantee the recession would turn into a depression. Even brainwashed democrates should be able to understand this.
For every $1 of taxes raised by the government, they spend $1.40. Raising taxes by $1 trillion will result it $1.4 trillion in spending with $400 billion being placed on the credit card.
The government went on a hiring spree to process all the stimulus spending. Since the stimulus money is gone, the people that were hired for this program should be let go. That’s the way it works in the real world.
Report Post »NOBALONEY
Posted on July 19, 2011 at 3:54pmFOXNEWS wouldn‘t print what I thought of the ’gang of six’. In the four months of their existence the ‘gang’ has received plenty of press, but have done nothing. Senators Colburn and Conrad are doing the President a favor by presenting another plan, because the “back seat” President isn’t capable of putting one foward with his name on it. In the article about this it says at the end of it that it won’t be ready by the August 2nd deadline. So what’s really going on here? No ones in Charge!
Report Post »concealled9mms
Posted on July 19, 2011 at 4:05pmyour right and good old adolph obamma will try to take all credit. when he dosent lay out a plan why because it would reflect on his stupidity
Treestump
Posted on July 19, 2011 at 3:54pmWhenever you hear bipartisan, run for the door.
Margaret Thatcher “ Consensus is the absence of leadership”
No taxes
Cut Spending
Balance Budget
Any one who votes any way other than the above will not get my vote.
Report Post »The Republicans have the chance to do something. Do it.
JoeBtfsplk
Posted on July 19, 2011 at 4:08pm@TREESTUMP;
I with you 100%!!!
Report Post »agameofthrones
Posted on July 19, 2011 at 4:18pmYou are so right! That‘s what last November’s election was all about and these idiots still don’t get it. When you are right in principle, you don’t compromise. You let the other side come to you. This will not end well if they raise the debt limit and increase taxes. Only the freeloaders in the country will like this plan, but eventually we will run out of other peoples’ money to give them.
Report Post »Then who will elect the Democrats?
PDfromToledo
Posted on July 19, 2011 at 4:30pmBingo!!
Report Post »Skippy Toes
Posted on July 19, 2011 at 4:54pmYou are right. TRAITORS!
Treestump
Posted on July 19, 2011 at 4:58pmPS I should have added small diamond big diamond. Give me a good price on the small one and I will come back for the big one.
We will never get the second or third part of the deal.
IF NOT NOW WHEN
Not on my kids heads.
Report Post »progressiveslayer
Posted on July 19, 2011 at 3:54pmAnd oh yes obamacare alone will bankrupt this country,but that’s the plan,it’s all by design.
chexfive
Posted on July 19, 2011 at 3:53pmCuts will never be made, history has shown this.
Wall Street is rallying and loves the new spending.
Funny how we can cut things for middle class America but we can keep policing the world, bombing countries, giving $100 Billion to the UN every year for wealth redistribution, Give Greece $67 Billion per year for their bailout which equates to $6,000 per Greece citizen, but we have to cut things for Americans because the debt is soooo bad, and it is soooo bad that we have to cut these things from Americans that we aren’t going to cut now, but in 5 years? The cuts will never happen but one thing I do expect to happen is the tax code will be changed and the taxes for the middle class are going to go up because the tax deductions will be limited as they said. So, hello to more debt, more taxes, more interest on the new debt, while we give boat loads of money to people around the world.
And of course the plan is to do it at the last minute so there is no debate and the details are slipped in under the radar.
Welcome to communism, plain and simple.
Report Post »MidWestMom
Posted on July 19, 2011 at 4:13pm- “Welcome to communism, plain and simple.”
Bingo! You got it in one.
booger71
Posted on July 19, 2011 at 3:52pmJust go back to the 2006 budget, cut 500 billion more and wa-la, the budget is balanced. Guess that was too hard for these superior intellects.
Report Post »Ookspay
Posted on July 19, 2011 at 3:52pmNo Frickin ‘ Way! Time to go RINO hunting again…
Report Post »edp12568
Posted on July 19, 2011 at 3:59pmWatch out… They’ll be after you for your rhetoric, but I agree completely.
Report Post »CatB
Posted on July 19, 2011 at 5:25pmGOP .. the RINO’s are going to be the reason for the demise of the GOP …
TEA!
Report Post »gbisfree
Posted on July 19, 2011 at 3:52pmLet’s hear it for our representatives in the Politburo!
Way to go guys! I feel so much better that the 6 of you have got our backs.
Report Post »NJTMATO
Posted on July 19, 2011 at 3:52pmLiars all!!! I will only vote for fiscal conservatives. I feel doomed.
Report Post »USACommoner
Posted on July 19, 2011 at 3:51pmOnce again, obama is creating a climate of fear in order to get something passed in a hurry. Man, oh man, we really MUST be stupid to keep falling for this same cr@p!!! Why did we put the rest of you in office…?! Stop being afraid to put your d@mned foot down!!! If you think obama has increased spending in just the 2 1/2 years he’s been in office, just you wait until the debt ceiling is raised! You ain‘t seen nothin’ yet…
Report Post »heavyduty
Posted on July 19, 2011 at 3:51pmI am pretty sure that it’s just about time to clear the house and senate from all the professional politicians and just get some people in there that care more about the country than their political careers. This is beyond imbecilic. None of them have a clue as how to fix it. So why pay them.
Report Post »Anonymous T. Irrelevant
Posted on July 19, 2011 at 3:50pmStop spending, cut government jobs, and you wouldn’t have to raise any taxes. Why is it so hard to for these politicians to see? Since TARP, it’s been one spending spree after another.
Report Post »MONICNE
Posted on July 19, 2011 at 5:15pmTake some deep breaths; this is the greatest country on the planet as long as we remain strong and patriotic. A house divided cannot stand. We need to celebrate our diversity which brings us the ability to overcome any austerity. Also we need to honor our most wealthy brothers and sisters, because if they decided to help out they can help us pay for Iraq and Afghanistan bills to reduce the deficit in half.
Report Post »Dustyluv
Posted on July 19, 2011 at 3:50pmNo thanks…Cut 9 trillion now and go screw yourself Obama.
Close all Federal regulating agencies and let the States do their own regulating. Pay the Military. Pay Social Sercurity since it is ours not yours. Welfare is reserved for the absolutely needy. No lazy wothless healthy people on welfare or food stamps. Then let the chips fall where they may.
Reign it all in now and lets rebuild it all after all the greedy people are killed rioting. Lots of jobs burying the ones who dont survive their rebellion. Goodness and the Republic will prevail…well unless Congress collapses like a bunch of sissies they are…Oh never mind…I forgot we have no REAL men in Congress.
If they compromise, we are finished.
progressiveslayer
Posted on July 19, 2011 at 3:49pmThis collection of fools negotiates while Rome is burning.If government would take the jackboot off of the neck of businesses get rid of corporate,and capital gains taxes we would see more employment, in turn
Report Post »creating more tax payers.
chexfive
Posted on July 19, 2011 at 4:06pmUnder the UN Agenda 21 plan, we can’t create more jobs, because that means more prosperity. More prosperity means more consumption, bad for global warming and the formation of world communism. More prosperity means people will have more kids, bad for population control. We certainly can’t have people buying big cars and using more energy, that goes against the global religion of Global Warming. And further more the globalist can’t collapse the American system if there is more people working not getting unemployment and food stamps. So on all fronts there cannot be anymore jobs created.
The big wigs in Big business and the politico’s seem to always get the smaller big businesses mixed up with the real small businesses, calling them the same but they aren’t. So, they lump them all together when convenient and don’t when it is convenient, just like they lump couple making $250K in with billionaires when it suites their purpose. The fact is, we are under total Globalist control and 70% of the people are falling for it from either the repugs, or the democraps, we’re screwed
A good film: Iron Mountain – Global Agenda exposed.
A good read: Agenda 21 – the program to control everything through sustainable development.
progressiveslayer
Posted on July 19, 2011 at 4:24pm@chexfive I have read some of agenda 21 but not in depth,I’ve focused on Cloward & Piven and their goals of destroying capitalism.I’ll be checking out the film Iron mountain & more in depth look at agenda 21.
Thanks for the info.
flagbearer
Posted on July 19, 2011 at 11:29pm@Chexfire & Progressiveslayer
UN Agenda 21 is being fought in many localities. It is being implemented at local levels very covertly. ICLEI is the culprit in many cities/counties. Start going to meetings of your local planning commissions. Find out before it is too late. FIGHT it, tooth and nail. NOW is the time for all good men to come to the aid of their country–no joking. This is just one more threat on the plate of threats.
Also, to all patriots reading this comment. There was a very good editorial today in the Wall Street Journal about the Balanced Budget Amendment. In theory, the amendment is a good idea, but in reality, it could do more harm than good. Another article about it appeared in the Canada Free Press. Patriots, do your homework before you push for this amendment. It may backfire on us. Read the WSJ.
Report Post »Gonzo
Posted on July 19, 2011 at 3:49pmHome mortgage interest deduction get slashed. How does that help the housing market?
Report Post »Charitable contribution deduction gets slashed. How does that help the poor?
Come on GOP, it’s a spending problem, not a revenue problem.
sWampy
Posted on July 19, 2011 at 3:57pmThe liberal policy is always rape the poor and middle class while lubing up the rich.
SimpleTruths
Posted on July 19, 2011 at 5:18pmSWAMPY
Report Post »Boy do you have that exactly backwards. You must LOVE Kool-Aid.
SICKANTIRED
Posted on July 19, 2011 at 3:48pmThey Just dont friggin get it do they?
Report Post »Rillobymorning
Posted on July 19, 2011 at 3:47pmWhat happened to the Repubs standing firm on ‘no new taxes’?
Report Post »Treestump
Posted on July 19, 2011 at 3:49pmSenator Snowe doesn’t know how to be a Republican or how to not be a liberal
Report Post »Dustyluv
Posted on July 19, 2011 at 3:50pmThey are out looking for theiw spines.
Report Post »edp12568
Posted on July 19, 2011 at 3:52pmIt’s the Senate. How many Republicans are there in the Senate anyway, that aren’t RINOs?
Report Post »Anonymous T. Irrelevant
Posted on July 19, 2011 at 4:09pmComplain on here all you want, but WRITE, EMAIL, or CALL your Rep. as well as Speaker Boehner!! Do the same with your Senator. WE are not going to be ignored!
Report Post »STOP spending, do NOT raise the debt ceiling (if you stop spending and make cuts you don’t need more credit). Plain and simple.
Vigilante
Posted on July 19, 2011 at 3:47pmHe thinks we are idiots
Report Post »DDD
Posted on July 19, 2011 at 3:43pmWe are doomed. At this point in time I can’t think of anything else to say.
Report Post »Professional Infidel
Posted on July 19, 2011 at 3:47pmmore broken promises, from both of the parties.
Report Post »MidWestMom
Posted on July 19, 2011 at 4:19pmYep, we’re doomed. If this “solution” passes (and you know it will, no matter what the American people have to say) – its all over. Chicken Little is right – the sky is falling.
Report Post »Mil-Dot
Posted on July 19, 2011 at 5:57pmIt is time to implement the ulitimate option. Sad to say.
Report Post »vires montesque vincimus
Posted on July 19, 2011 at 3:43pmAnyone that has confidence in these morons, right or left, should have their head examined for air leaks.
Report Post »booger71
Posted on July 19, 2011 at 3:49pmDepends now makes a brain diaper for these occasions.
chexfive
Posted on July 19, 2011 at 3:56pmAmen, to that!
Report Post »sWampy
Posted on July 19, 2011 at 3:41pmHurray, I’m for the other team, go rich liberals, down with poor and middle class. ;-/
Report Post »HKS
Posted on July 19, 2011 at 3:41pmNow we’re talking, that sounds like an Obumer plan, give me mo money now and you figure out how to pay it back later.
Report Post »Vigilante
Posted on July 19, 2011 at 3:46pmWhat else do you expect from the lier in chief?
Report Post »Give me two bucks and I will give you one!!!
The best deal ever
GrannyATL
Posted on July 19, 2011 at 3:49pmAs a resident of Georgia, I am not at all surprised with Saxby Chambliss’ part in this. He’s a Progressive who cloaks himself as a Conservative and the Republicans of Georgia have to WAKE UP and get a recall petition going.
Chambliss was a member of the “Gang of 12” who “reached across the aisle” with Ted Kennedy to try and persuade us that a “path to citizenship” was the best deal they could come up with.
Report Post »Gonzo
Posted on July 19, 2011 at 4:56pmGrannyATL
Report Post »Isakson isn’t much better, he voted for the START treaty earlier this year. Herman Cain needs to come home and run for the senate again.