Skip to comments.McConnell unveils debt limit ‘Plan B’
Posted on 07/12/2011 1:03:07 PM PDT by RummyChickEdited on 07/12/2011 7:46:03 PM PDT by Admin Moderator. [history]
Senate Minority Leader Mitch McConnell (R-Ky.) on Tuesday unveiled a “back-up plan” for raising the debt ceiling in case the ongoing negotiations between congressional leaders and the White House fail to produce a result by an Aug. 2 deadline.
At a Capitol news conference little over an hour before the latest round of negotiations was set to begin at the White House, McConnell described a plan that would allow the debt ceiling to be raised in three separate stages through the end of next year, for a total of $2.5 trillion.
(Excerpt) Read more at washingtonpost.com ...
“McConnell deputy chief of staff Don Stewart said that Obamas threats about Social Security are no longer real if this bill passes.
Market starting to head down as this filters out. It had been holding steady..more or less..and now working it’s way down.
The debt ceiling should be called the debt suggestion.
GOP Snatches defeat from the jaws of victory.
The boys are chickening out and the Dems will hit them over the head with that beginning NOW.
Wow. What a disapopointment.
Yep, here is the compromise OweBama was begging for. Pubbies caved again.
How does this impact the 2012 budget? I understand that the 2011 budget runs out on September 30, 2011 and none of the 2012 budget bills have been passed. I thought they would take care of the 2012 budget at the same time as the debt limit but this throws a monkeywrench in that. Or will they just give 0bama the right to write his own budgetalso?
“I plan to be really really really tough when confronting Obama, but if I’m not, I have another plan up my sleeve.”
Arrrgggg! When will the people of Kentucky send this wuss into retirement?
What part of NO does McConnell not understand?
all he had to do was mention Social security and the Republicans lost their gnads.
I’d sure like to get these guys in a poker game. They don’t know when to hold and when to fold.
NO DEBT CEILING INCREASE. NO TAX INCREASES.
Pretty simple if you ask me. But then, they aren’t asking me (us) are they?
McConnell should call his bluff and make it clear that it is Obama who is pushing the old timers over the cliff.
Come on Mitch, you are old enough to retire if you can't win the PR war and lose re-election. At least you'd go down swinging. Grow a set!
He added, When the administration walked away from much of that yesterday afternoon, it became clear to us that wed better be thinking about an alternative in the event that we couldnt reach an agreement.
Could it be more clear that they caved or attempted to cave? Did they even consider that the administration might have to think of an alternative? Wimps!
To me, this is kicking their responsbility down the road..they have a DUTY..and they are giving Obama carte blanche...can they even do that???
Get the tea party fired up to keep the House from going along with it!
It was Republican stupidity to negotiate directly with Obama. This gives Obama a platform to look presidential, and ultimately makes the Republicans look weak when they cave. Besides, and "deal" agreed to here still has to pass the House, and then the Senate will finally have to pass a budget that contains the "deal."
Instead, this should have stayed in Congress, forcing the Senate Democrats to go on the record with a plan, and making Obama look like the bystander that he really is.
I believe that many people are at the limit of tolerance, of this President and Congressional leaders of both Parties, and that we should be vigilant, watching and expecting violent physical reactions on the part of the general citizenry.
Don’t ask me what sort of actions - I haven’t a clue about what others intend. At this point, if I could leave the country, I would.
What we’re seeing in Washington, D.C., right now, is disgusting.
Don't count your
Hatch McConnell before he chickens.
“I don’t know why a Republican would support this. If it lays the debt problem at Barack Obama’s doorstep, big deal — that’s where it already was. Barack Obama was always going to take the blame for the debt limit increase, especially from Republicans. “
I CAN NOT BELIEVE I AGREE WITH THIS GUY.
These are the RINOs in the Senate. Boehner doesn’t care what they say. No new taxes, period. Good bit of misdirection here for the Dems, I think.
Surrender by any other name is still surrender.
After I got over my first "They Caved" kneejerk reaction I stopped and thought about it for a minute. I don't know what McConnell is thinking, but he sure as Hell won't get enough Republican votes in the House to pass anything as silly as this.
Well, I just tried calling (Obama’s)Bitch McConnell’s DC office—busy; four offices in KY—all busy.
Guess they are are hearing from pissed off people all over the US, or they took the phones off the hook.
Chester “Trent” Lott, Bill Frist, Mitch O’Connell—every time we have needed a leader in the Senate, we got a limp dish rag for the last 15 years.
In mere seconds. But they never had any to start with. It is clear they are part of the problem. I hope Sarah goes 3rd party. I want nothing to do with GOP.
Full details were not yet available as of Tuesday afternoon and the proposal would likely be subject to approval by both chambers of Congress but it appeared that the proposal would allow for the debt limit to be raised without locking in those spending cuts, something that could draw opposition from the Republican rank-and-file.
Mitch the ass McConnell.
The American people did not need a “Plan B” from you Mitch.
They depended on you to hold to the plans under which your party was sent to Congress - stop Obama and stop the spending, and under the plans of the American people it is Obama that needed to come up with a “Plan B”, not you.
Yes. He terrorized you into giving up our plans and allowing his plans to remain unchecked. Why?
Because it is the debt ceiling and only the debt ceiling that is right now fighting the fight the GOP was sent to Congress for - stopping the spending.
Once the debt ceiling is raised, the GOP has no majority in both houses to scale back Obama’s spending. The increased debt limits allow him to go on as he is with no other action from Congress.
Your a fool Mitch.
Where is the recall petitions for Mitch.
After all this wrangling.... McConnell... once again... surrenders.
Bad idea on so many levels:
- it lets the President pick his cuts, not Congress.
- it gives 35 Democrats the power to back up the President
- if the President doesnt get what he wats, he vetoes and gets the debt ceiling increase FOR NOTHING
Obummer cannot come out of this thing looking like he saved the day...McConnell is caving & handing the RATS the debt ceiling on a silver platter
They are probably having a big laugh fest over at DU. It is well deserved.
I hang my head in shame that these are our leaders.
Boner is in on it no doubt. The cave has plenty of room and they are all ready for the big Cave in.
DON’T DO IT...DON’T LET HIM WEASEL OUT OF THIS BOX HE PUT HIMSELF IN. DRIVE THE SPIKE THROUGH THE HEART OF THIS VAMPIRE.
...and deservedly so.
And with this roll over I kiss the GOP as it currently constructed goodbye...
Go f yourself Mitch.
So easy even a Cave Man can do it...Be in the GOP that is.
Something like this was to be expected from these RINOs.
That’s why Obama played that Social Security card. He knew... he knew he was going to win this all along.
mcconnell hands zer0 a victory. (the truthful headline)
GOP prepares for abject surrender
I have been trying to warn everybody. I could see this coming since the Christmas Cave In. Then the fake repeal of Obummercare vote. And everything else. Time for a REAL Tea Party. The GOPS are the modern Whigs.
An automatic increase unless two-thirds vote to stop it, which the president (any president) would veto anyway?? What a stupid idea. Where do they come up with these hair-brained schemes. Of course I know, from the minds of moderate (just get us over this bump on the socialist road) republicans.
US Constitution: Congress shall have the power to borrow money.
Maybe McCain and Graham tag-teamed on this to convince McConnell, you know, to assist the "process", as a way of reaching across the aisle...
“Consider the Associated Presss headline right now: GOP Leader McConnell proposes giving Obama new power for automatic debt limit increase
It is just unbelievable to me.
Those people in the House better remember they are up for reelection in 2012.
Welcome back to (D) (D) (D) again in the beltway come 2012 if this is true.
What the he!! is wrong with these people???
Me too. Done.