The Boehner bill, assuming it passes the House today, likely will be rejected by the Senate. That’s a scenario I like a lot more than never having passed the bill at all. And if lightening struck and it was passed, or something very similar to it passed, then we have advanced the runners and we still are at bat.
It is still Bushes fault, his tax cuts, his wars, blah, blah, blah...Then I took the dog for a walk. How many times in his prime time fearfest did Barry mention he voted against the debt ceiling increase in 2006 when Bush was President? Hello?
To snow go over a new sham bill dingy Harry has put together?
But Senate Majority Leader Harry Reid is devising a sham that will never pass muster in the House. A Capitol Hill source with knowledge of the plan tells me: “It includes $1.2 trillion in OCO [Overseas Contingency Operations] savings . . . which was assumed anyway, $1.2 trillion (over $1.1 trillion less than [Majority Leader Eric] Cantor identified in the Biden talks) and $300 billion in interest savings.” A Senate aide says dryly that Reid “has about a trillion in ‘savings’ from ending the war in Iraq that’s already going to end.” And a disgusted House adviser bluntly tells me that Reid’s plan “isn’t real.”
Now is the time the House needs to put some teeth into their strength. If Boehner lets any debt cap deal go until after next years election it is a huge mistake, and it appears he knows that. From the Speakers blog.
White House Is Making Political Argument “Wrapped In Economic Clothing.” “Look, to my eye this has all been political. The desire to get to 2013 can get wrapped in economic clothing but it’s fundamentally a political argument. The president doesn’t want to talk about his record of debt between now and the election and everyone knows that. They had a deal. And the deal was sitting there, waiting to be taken, and at the moment when they could get the deal they pushed for more taxes, which is a political argument at the expense of less entitlement reform, which is the substantive problem.”
Obama, Reid and Pelosi own this debt. Screw em! Let him eat his own damn peas...
The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies. … Increasing America’s debt weakens us domestically and internationally. Leadership means that “the buck stops here.” Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.
That was when there was a nasty old Republican in the White House though...
