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Breaking: White House threatens veto of GOP Cut, Cap, and Balance bill
Hotair ^ | 07/18/2011 | Ed Morrisey

Posted on 07/18/2011 10:09:57 AM PDT by SeekAndFind

With the House poised to vote on a debt-ceiling increase tomorrow, the White House has released a threat to veto the bill if it reaches the President’s desk. This statement was just released by e-mail, emphasis in the original:

The Administration strongly opposes H.R. 2560, the “Cut, Cap and Balance Act of 2011.” Neither setting arbitrary spending levels nor amending the Constitution is necessary to restore fiscal responsibility. Increasing the Federal debt limit, which is needed to avoid a Federal government default on its obligations and a severe blow to the economy, should not be conditioned on taking these actions. Instead of pursuing an empty political statement and unrealistic policy goals, it is necessary to move beyond politics as usual and find bipartisan common ground.

The bill would undercut the Federal Government’s ability to meet its core commitments to seniors, middle-class families and the most vulnerable, while reducing our ability to invest in our future. H. R. 2560 would set unrealistic spending caps that could result in significant cuts to education, research and development, and other programs critical to growing our economy and winning the future. It could also lead to severe cuts in Medicare and Social Security, which are growing to accommodate the retirement of the baby boomers, and put at risk the retirement security for tens of millions of Americans.

Furthermore, H. R. 2560 could require even deeper cuts, since it conditions an increase in the Federal debt limit on Congressional passage of a Balanced Budget Amendment. H. R. 2560 sets out a false and unacceptable choice between the Federal Government defaulting on its obligations now or, alternatively, passing a Balanced Budget Amendment that, in the years ahead, will likely leave the Nation unable to meet its core commitment of ensuring dignity in retirement.

The President has proposed a comprehensive and balanced framework that ensures we live within our means and reduces the deficit by $4 trillion, while supporting economic growth and long-term job creation, protecting critical investments, and meeting the commitments made to provide economic security to Americans no matter their circumstances. H.R. 2560 is inconsistent with this responsible framework to restore fiscal responsibility and is not an appropriate method of reducing the Nation’s deficits and debt. The Administration is committed to working with the Congress on a bipartisan basis to achieve real solutions.

If the President were presented this bill for signature, he would veto it.

A few points seem remarkable here. Is it really Barack Obama’s contention that a balanced budget, now or in the future, threatens the dignity of retirees? What basis does he have for claiming that deficits are a necessary component of retiree dignity? That sounds very much like a demand for eternal deficit spending, with no attempt at any discipline whatsoever.

As far as Obama’s “comprehensive and balanced framework,” CNS News reminds us that the only specific plan Obama has published actually increases deficit spending rather than decrease it:

While the Republican-controlled House of Representatives has voted this year to approve House Budget Chairman Paul Ryan’s (R.-Wis.) proposal–that would put the government on a gradual path to a surplus by 2040–and plans to vote on a balanced budget amendment next week that would cap federal spending at 18 percent of GDP, the only budget proposal President Obama’s has publicly revealed in 2011 would, according to the Congressional Budget Office, increase the deficit by $26 billion this year, $83 billion next year, and $2.7 trillion over the next decade.

Additionally, although annual budget deficits would decline somewhat between 2013 and 2015 under Obama’s proposal, according to the CBO, after that they would start increasing again, going up every year from 2016 to 2021, the last year estimated by the CBO.

In short, the only budget proposal Obama has put forward this year for the public to review and analyze puts the federal government on a path to eventual bankruptcy.

The CBO report from April can be found here. This chart shows that Obama’s projected budget produces bigger deficits by percentage of GDP than anything seen since 1981 — with the exceptions of the Democratic budgets to 2008-11. They’re worse than the baseline we’re on at the moment, and not coincidentally, they make the debt load appreciably worse as a result:

If the CCB bill gets through the House and the Senate, would Obama really veto it? He’d have to defy a Senate controlled by his own party to cancel a debt-limit increase in a situation that his own administration has relentlessly hyped as a fiscal Armageddon. I’d call that a real long shot.

Call his bluff, GOP.


TOPICS: Constitution/Conservatism; Culture/Society; Government; News/Current Events
KEYWORDS: balancedbudget; breaking; cap; cut; debtceiling; debtdeal; obama; spending; veto
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1 posted on 07/18/2011 10:10:05 AM PDT by SeekAndFind
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To: SeekAndFind

“Dude, DON’T call my bluff..”


2 posted on 07/18/2011 10:10:57 AM PDT by ken5050 (Save the earth..it's the ONLY planet with CHOCOLATE!!!)
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To: SeekAndFind
The bill would undercut the Federal Government’s ability to meet its core commitments to seniors, middle-class families and the most vulnerable, while reducing our ability to invest in our future.

I have one word: Obamacare.

3 posted on 07/18/2011 10:11:39 AM PDT by mewzilla (Forget a third party. We need a second one.)
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To: SeekAndFind

GOOD VETO IT~!!!!!!!!!!!!!

I finally agree with Obassturd on something


4 posted on 07/18/2011 10:12:36 AM PDT by Mr. K (CAPSLOCK! -Unleash the fury! [Palin/Bachman 2012- unbeatable ticket])
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To: SeekAndFind

Fine. Do so. That puts it on him more than the imbecilic McConnell plan pretends to.


5 posted on 07/18/2011 10:13:31 AM PDT by Psalm 144 (Voodoo Republicans: Don't read their lips - watch their hands.)
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To: SeekAndFind

I hope he does veto. It will bring his approval rating down further from “46%” , which is innacurately optomistic, to say about 30% or less. I can live with that until November of 2012.


6 posted on 07/18/2011 10:14:39 AM PDT by Candor7 (Obama fascist info..http://www.americanthinker.com/2009/05/barack_obama_the_quintessentia_1.html)
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To: SeekAndFind

Go ahead.
Make my day.......................


7 posted on 07/18/2011 10:14:45 AM PDT by Red Badger (PEAS in our time? Obama cries PEAS! PEAS! when there is no PEAS!..........................)
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To: SeekAndFind

Okay.


8 posted on 07/18/2011 10:16:32 AM PDT by WayneS (Enlightened statesmen will not always be at the helm. -- James Madison)
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To: Psalm 144
I actually think McConnell knows exactly what he's doing: offering a psuedo-solution to the problem, but one that he knows Obama won't accept.

I suspect Boehner, Cantor, and McConnell are in close contact and that they are playing this very well.

9 posted on 07/18/2011 10:16:51 AM PDT by utahagen
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To: SeekAndFind
NEVERINTERRUPT
10 posted on 07/18/2011 10:17:02 AM PDT by FrankR ("If you can't make them see the light, let them feel the heat." - R. Reagan)
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To: SeekAndFind
GOP needs to do a better job of taking the issue to the public - op-eds by Congressional leaders in every major newspaper.
If they won't run 'em - buy space.
Don't make the same mistake W did by ceding the high ground - take control of the narrative - now!
11 posted on 07/18/2011 10:18:03 AM PDT by Psalm 73 ("Gentlemen, you can't fight in here - this is the War Room".)
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To: SeekAndFind

OMG do they even realize what they just said?When 80% of the American public is saying DC is spending too much Obama says he doesn’t care and is going to spend as much as he wants.Talk about stepping in it....


12 posted on 07/18/2011 10:18:03 AM PDT by chris_bdba
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To: SeekAndFind

I won’t make it past the Senate anyway. Just for Imbecile consumption.


13 posted on 07/18/2011 10:18:19 AM PDT by screaminsunshine (Socialism...Easier said than done.)
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To: SeekAndFind

For Obama, it’s never been about the debt limit, or, more importantly, reducing the deficit. It’s always been punishing success and redistributing hard earned wealth.


14 posted on 07/18/2011 10:18:19 AM PDT by Troublemaker
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To: SeekAndFind

Bawahahahaha! I yeah! Bring it Oblidiot! Ummmm hummmmm I am going all in on this hand, and I CALL. The Oblidiot will FOLD because he has nothing.

COme on Bambi, MAKE MY DAY.

GOP, Pass the darned thing and FORCE the Democrats to own the default, then bludgeon them with it for the next year and a half!


15 posted on 07/18/2011 10:19:12 AM PDT by Danae (Anailnathrach ortha bhais beatha do cheal deanaimha)
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To: SeekAndFind
I don't usually spam the same message but

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. - Barack Obama(2006)

I don’t trust this President… He doesn’t know how to make those cuts. He’s never had to do this before. He’s always just been one to spend other people’s money even if that money is just borrowed money or printed out of thin air. He’s never had to exercise real executive authority like that. - Sarah Palin (2011)

16 posted on 07/18/2011 10:19:49 AM PDT by McGruff (Don't go wobbly on me now GOP leadership)
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To: Candor7
0bama, the POTUS who sent shock waves around the world with a stroke of a pen when he vetoed the only salvation for the great American economy.

His name will live in infamy.

17 posted on 07/18/2011 10:20:06 AM PDT by EGPWS (Trust in God, question everyone else)
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To: FrankR

Never go out on a limb for anybody that is suicidal! ; )


18 posted on 07/18/2011 10:21:40 AM PDT by EGPWS (Trust in God, question everyone else)
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To: SeekAndFind

The time has come for the house to exercise its authority over the purse. Just pass what they decide the president will be allowed to spend for the year and be done with it. Then move on to other things. No more meetings, no more deals, etc.

Force the senate to pass or amend the bill and send it back so that there will be somewhere to begin negotiations.

Or if the senate refuses to pass anything, the House should just shrug it’s shoulders. Stop playing the game.


19 posted on 07/18/2011 10:21:47 AM PDT by cotton1706
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To: SeekAndFind

They don’t have the balls to pass it in the Senate anyway.


20 posted on 07/18/2011 10:21:50 AM PDT by Bullish (Recovery won't begin until Obama loses HIS job.)
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To: SeekAndFind
Is it really Barack Obama’s contention that a balanced budget, now or in the future, threatens the dignity of retirees?

Not balancing the budget threatens the dignity of our children.

At what point will the GOP finally come say it: "do it for the children"? We can't keep loading up this debt onto the backs of out descendents and "kicking the can down the road." At some point this will have to be dealt with. The only question is who will deal with it: us or our children?

21 posted on 07/18/2011 10:22:59 AM PDT by Brookhaven (Herman Cain knows computers, math, missiles, banking, burgers, pizza, gospel music, & Coca-Cola)
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To: SeekAndFind

Way to piss off the Repubs even more. Maybe they will actually grow a paid and then release something even more anti-obama. This can only get better from here on out!


22 posted on 07/18/2011 10:24:20 AM PDT by Soothesayer9
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To: SeekAndFind

Yeah, like it would’ve passed the Senate.


23 posted on 07/18/2011 10:24:49 AM PDT by pabianice
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To: SeekAndFind

Good, let him veto it. Then he will “own” the debt default.


24 posted on 07/18/2011 10:25:02 AM PDT by apillar
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To: EGPWS
0bama, the POTUS who sent shock waves around the world with a stroke of a pen when he vetoed the only salvation for the great American economy. His name will live in infamy.

This is history repeating itself, is this a "Let them eat cake moment" or something more akin to the arrogance of the French ruling class before the revolution. Either way, he looks out of touch not by vetoing more spending like George the Elder did, but just the opposite, vetoing because they are not spending enough....

25 posted on 07/18/2011 10:26:24 AM PDT by taildragger (( Palin / Mulally 2012 ))
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To: SeekAndFind

It is a political statement

It is not an empty one

It is being made on behalf of the constituents of the GOP Congress

Go ahead and veto it, Mr Sutoro or whatever your name is

The real political statement comes in Nov 2012


26 posted on 07/18/2011 10:26:59 AM PDT by silverleaf (All that is necessary for evil to succeed, is that good men do nothing)
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To: SeekAndFind

Good! Let the son of a bitch veto it.


27 posted on 07/18/2011 10:26:59 AM PDT by sport
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To: Brookhaven
We are spending future money.
The revenue must come from our children.
The children will pay taxes to pay off the money we spent on ourselves.
They had no say in the matter, but they will be stuck with the bill.

That's Taxation without Representation, and it is the stuff of Revolution.

28 posted on 07/18/2011 10:27:29 AM PDT by ClearCase_guy (The USSR spent itself into bankruptcy and collapsed -- and aren't we on the same path now?)
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To: SeekAndFind

Wow, this seriously undercuts the “message” that he is negotiating! And it’s being reported in the media!

My only conclusion has to be that he feels confident he’ll get what he wants and so this statement makes him look powerful.

Please, please call his bluff!


29 posted on 07/18/2011 10:28:30 AM PDT by mrsmith
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To: utahagen
I suspect Boehner, Cantor, and McConnell are in close contact and that they are playing this very well.

That would be a first. I still don't trust them.. especially McConnell.

30 posted on 07/18/2011 10:30:01 AM PDT by ScottinVA (As a party that gives Obama what he wants, what again is the GOP`s 2012 selling point?)
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To: SeekAndFind

That’s what Republicans expect him to do...then Zero will own this....it will be his...the i, i, i, me, me, me, my, my, my...jerk


31 posted on 07/18/2011 10:30:34 AM PDT by shield (Rev 2:9 "Woe unto those who say they are Judah and are not, but are of the synaGOGue of Satan.")
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To: chris_bdba

The medias do not tell the truth to the American people. They refuse to tell the Republican side or give them air time ... same with the press no publishing the truth. It is covered ... every time, ... the right of the president or whatever.

Father God help us in our day, bind the evil intended against America, and allow not the enemy to succeed in bringing America down. Remove the plans against America and let not evil prevail. Restore America to her former faith, forgive us our ways that did not stand up for Thee LORD, in Jesus name amen.


32 posted on 07/18/2011 10:31:00 AM PDT by geologist (The only answer to the troubles of this life is Jesus. A decision we all must make.)
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To: utahagen

“I suspect Boehner, Cantor, and McConnell are in close contact and that they are playing this very well.”

That’d be a first! Wish I could believe the same...


33 posted on 07/18/2011 10:31:00 AM PDT by 9YearLurker
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To: SeekAndFind

Force his hand.

Bill Clinton tried it twice before succumbing to political pressure and he ultimately signed Welfare Reform into law.

Nothing contained in the law was proposed by Clinton but he did co-opt the legislation, taking full credit for the measure.

Whatever.

I say we double down and present the second bill with extremely large cuts to EPA.

Let him veto that one as well and then return with the piesta resistance:
Defunded ObamaCare.....entirely.


34 posted on 07/18/2011 10:31:39 AM PDT by Vendome ("Don't take life so seriously... You'll never live through it anyway")
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To: pabianice

“Yeah, like it would’ve passed the Senate.”

Right, so it’s done for PR purposes...

unless the Senate Dems needed something to hide behind: “it would just be vetoed anyway”.
But I don’t think things are going THAT well for us.


35 posted on 07/18/2011 10:33:32 AM PDT by mrsmith
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To: SeekAndFind

I am counting on him vetoing it


36 posted on 07/18/2011 10:33:38 AM PDT by WorkerbeeCitizen (I STAND WITH ISREAL!)
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To: Danae

The Rancid media is winning it again for Obozo. Latest: 78% believe it’s the Republicans’ fault (per Fox).


37 posted on 07/18/2011 10:33:56 AM PDT by pabianice
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To: SeekAndFind

if he vetoes it... he is responsible for the default.


38 posted on 07/18/2011 10:33:56 AM PDT by TexasFreeper2009 (Obama = Epic Fail)
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To: SeekAndFind

Screw ‘em!
Pass it and send it!

Let the coward show us how important he thinks the ceiling is!


39 posted on 07/18/2011 10:35:07 AM PDT by G Larry (I dream of a day when a man is judged by the content of his character)
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To: 9YearLurker

So do I.


40 posted on 07/18/2011 10:35:47 AM PDT by sport
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To: SeekAndFind; All

Who does the oversight? This is nonsense, it can not be allowed for them to hide or skim or plain ole steal billions.

Throw the bums in jail and see how the rest straighten their business up.


41 posted on 07/18/2011 10:36:05 AM PDT by geologist (The only answer to the troubles of this life is Jesus. A decision we all must make.)
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To: Psalm 73

Here here!


42 posted on 07/18/2011 10:36:50 AM PDT by John 3_19-21
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To: SeekAndFind

Hussein really thinks the people are on his side.

Let’s find out.


43 posted on 07/18/2011 10:38:22 AM PDT by bigbob
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To: SeekAndFind

Makes no difference. Bill is a piece of trash. Does nothing to solve problems.


44 posted on 07/18/2011 10:38:50 AM PDT by mulligan
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To: John 3_19-21

I say call his bluff. And ask for a list of his near-term cuts.


45 posted on 07/18/2011 10:40:59 AM PDT by IM2MAD
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To: utahagen

“I actually think McConnell knows exactly what he’s doing: offering a psuedo-solution to the problem, but one that he knows Obama won’t accept.
I suspect Boehner, Cantor, and McConnell are in close contact and that they are playing this very well.”

That’s what I’m afraid of and what I’ve posted earlier. These guys just want cover for the election. They just want to say that they voted for cut, cap & balance. After that they’ll support anything the RINOS/WH send their way. This is politics at its worst.

We need to make it clear through phone calls, emails, talk shows everything, that this will NOT stand. These guys need to fight if they want ANY support in 2012.

None of this “I voted against it before I voted for it” bull


46 posted on 07/18/2011 10:42:29 AM PDT by wilco200 (11/4/08 - The Day America Jumped the Shark)
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To: FrankR

Your posts always make me smile. Thanks!


47 posted on 07/18/2011 10:43:19 AM PDT by bushwon ("If you think healthcare is expensive now, wait till it is free"--PJ O'rourke)
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To: utahagen
I'm starting to come around to your way of thinking..for one reason...

While about 50% of GOP senators have come ou against McConnell's plan B, the one who has been very quiet about it is Rand Paul. The prototype Tea party senator, by many recent reports, he and Mitch are working very well together. Paul normally isn't shy about about inveighign against legislation he detests, yet he's been very quiet about this..

we shall see..

48 posted on 07/18/2011 10:50:42 AM PDT by ken5050 (Save the earth..it's the ONLY planet with CHOCOLATE!!!)
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To: SeekAndFind

Come on Congress - cut even more from the WH budget and then go on a full court press PR campaign to sell it to the public.

and don’t let the nay sayers on FR stop you!!!


49 posted on 07/18/2011 10:51:34 AM PDT by elpadre (AfganistaMr Obama said the goal was to "disrupt, dismantle and defeat al-Qaeda" and its allies.)
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To: mulligan

RE: Bill is a piece of trash. Does nothing to solve problems

Why would a Balanced Budget Amendment not help solve the budget, deficit and debt problems we have?


50 posted on 07/18/2011 10:52:44 AM PDT by SeekAndFind (u)
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