No one seems to like Boehner's plan

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Forums > All Posts > No one seems to like Boehner's plan

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2011-07-26 06:00 PM

Zach F
Denton, TX
Posts: 942

Source: http://www.huffingtonpost.com/2011/07/26/tea-party-coalition-debt-boehner_n_910271.html
On 7/26 the Tea Party issued a warning to GOP politicians that they should not vote for Boehner's debt plan.

What does this say about his plan? Should we really try and comprise with this?

2011-07-26 10:01 PM

Schmidt
Colorado Springs, CO
Posts: 1058

According to the referenced Huffington Post article, Boehner claimed that his plan would reduce 2012 spending by $7 billion. Ha! But the Tea Party is demanding $111 billion in cuts for 20102:

"Boehner's call for $7 billion in first-year spending cuts "is well short of the 'substantial' standard," states the memo. Instead, the coalition has pressed for $111 billion in cuts in fiscal year 2012."

To add to Boehner's embarassment, a second Huffington Post article subsequently says that Boehner 2012 goal, according to the CBO, for cuts falls even shorter:

"The debt ceiling deal introduced by Speaker John Boehner (R-Ohio) would save, by one measure, roughly $850 billion over the course of ten years and just $1 billion in 2012 -- two metrics unlikely to satisfy the most conservative members of his conference.

"Measured against March 2011 government expenditure levels, the Boehner proposal, as currently written, would reduce the deficit by $850 billion during the next decade, according to the CBO. Measured against January 2011 government spending levels, the bill would reduce budget deficits by roughly $1.1 trillion during that same time period."

How could anyone have confidence in his plan that so badly botched the numbers...label it pathetic...not only to Democrats but also to his own caucus. I wonder what Rush Limbaugh told him?

Hey, but he designed it to come up for debate next year...if approved we can thus debate this the entire 2012 election season...and never have to debate jobs bills at all.

2011-07-27 09:58 AM

CARLITOS BAM-BAM
Dallas, TX
Posts: 897

Well in Boehner's defense....he's trying to craft a bill that both Republicans and Democrats can support. Sure...Boehner's initial offering was lighter on cuts than conservatives would like, but it raises the debt-ceiling in stages, which require more cuts down the road (near-term). But as the CBO report demonstrates, Boehner's plan does not meet the self-formated standards by which he attempted to sell it to his own party.

Yet, in these Machiavellian debt-ceiling debates, demonstrating one's clear inability to hold the wheel is just all apart of the game of chicken. This is the witching hour.

Neither side knows just how much leverage they have over the other. But it all boils down to Obama's willingness to use the constitutional option over accepting a bad deal.

Obama wants a 18 month debt-ceiling raise at a minimum...+ he wants balanced deficit reduction in the area of 4 trillion over a decade, and is willing to concede to $3 in spending cuts for every $1 of revenue raised through reform of the tax code, and he's willing to make smaller cuts alone w/o the revenue increases.

The Reid plan does all of this.....by moving the question of larger deficit-reduction to a new joint congressional super-committee with a fast-track for legislative approval in both houses + enacting smaller cuts that leave entitlements alone & focus on efficiencies, supplemented by "squishy" savings from a drawdown of projected war spending, without revenue increases to get us to a two-year deal.

Perception is reality, especially when you do nothing to combat perceptions, and feed into them yourself......and for appearances sake, it is necessary for those in power to keep up with the charade of the federal government being operationally revenue constrained.

But notice that Treasury has to reprogram its computers, or it will send out all scheduled spending on Aug 2nd, even if there's not a debt ceiling deal.

This whole debt-ceiling crisis is a bunch of Noble Lies used to keep people living in a Kingdom of Fear and everybody's spooked.
"We're in bat country!" --Raoul Duke

What hell has come to us all in this most horrible year of lord, 2011?

The Big Darkness just keeps getting worse. Doomed generation, you betcha.

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