Skip to comments.Obama would veto Republican budget bill (Obama wants to bankrupt this country)
Posted on 07/18/2011 3:31:39 PM PDT by tobyhill
WASHINGTON (MarketWatch) President Barack Obama would veto a House Republican bill that requires Congress to add a balanced-budget amendment to the Constitution before raising the countrys debt limit, the White House said Monday, as action in the debt-ceiling debate moved to Capitol Hill.
The House GOPs Cut, Cap and Balance Act would undercut the governments ability to meet its core commitments to seniors, middle-class families and the most vulnerable, while reducing our ability to invest in our future, the White House said in a policy statement about the bill, which would also cut spending from the 2012 budget and cap future spending.
House Republicans are planning a Tuesday vote on the bill, which would raise the debt ceiling by $2.4 trillion and require matching spending cuts. The bill, one of several plans for raising the debt limit and cutting spending, is expected to fail in the Senate. Read a summary of the Cut, Cap and Balance Act.
The U.S. government is facing an Aug. 2 deadline for raising the debt ceiling, according to the Treasury Department, and Obama met over the weekend with House Speaker John Boehner and House Majority Leader Eric Cantor to discuss the debt limit.
(Excerpt) Read more at marketwatch.com ...
Really brave of him to make this declaration since the bill would never get outr of the Democrat led senate.
Think the MSM forgot to add that to the article.
If the GOP had balls, they’d be able to get a 2/3 veto override...
(and such an override would hurt Obama a lot politically speaking)
The above quote preempts the president from vetoing an amendment bill to require a balanced budget. I was wondering whether additional non amendment legislation contained within the bill could be separated from it and vetoed by the Marxist.
You're kidding right? Most of the American people watch NBC, ABC, CBS, CNN, Jon Stewart Daily Show, etc. NBC, ABC, CBS news combined get about 22 million viewers each broadcast.
Do you know what they see on those channels and what they don't show on those channels?
The AnointedIdiot is pulling a Clinton in that Clinton vetoed the Gingrich/Repubs budget, waited for the public to blame the Repubs, where then the Repubs were forced to capitulate to Clinton. =.=
What is wrong with Republicans? Just send the bill out of the house and let him veto it if it ever gets to his desk. I have never seen such a bunch of incompetent politicians in my life. Where is their fighting spirit?
“If the GOP had balls....”
GOP, balls? Oxymoron.
GOP, kneepads? Synonyms.
They elected him. The GOP failed to expose him. The GOP failed to kill Obamacare or any other big government agencies. So here we are babbling about the rate of Medicare and social security in 20 years. This is not what I signed up for.
We be de Big Hood?
As I just posted elsewhere...
The Democrat-dominated Congress inherited the situation in 2007, and continued the domination of Congress for 4 years the first 2 under a compliant Republican president, and next 2 under a sympathetic Democrat. During that short time, and in contrast to promises to end deficit spending (by whatever means), the debt increased nearly 60%. AFAIK, no substantive spending cuts have been passed by either chamber during this period. To the contrary, the only recurring & earnest deficit-reduction suggestion is end the Bush tax cuts for the rich; eliminating the deficit thru tax increase would require a 100% rate on all income over $200,000.
At some point the steaming bag on the desk is the current occupants responsibility.
Especially when a second one appears during the occupancy.
1 issued 12 vetos, half of which were resolved or overridden, the rest were not significant economic differences.
2 thats a 60% increase in 4 years over what debt had accumulated in more than 2 centuries.
nobama hates you, hates your family, hates Free America, hates Americans, hates the Constitution and hates the Bill of Rights. nobama is a hate crime foisted upon America. nobama is the Destrpoyer.
Everything nobama does is intentional. If only someone would bring him to justice.
God help us all.
If he vetoes it, send him a copy, which cut spending to 2007 levels, but is otherwise identical.
Repeat moving back a year each time he vetoes it or the Senate rejects it.
Correct. I think there are three (maybe more) reasons for this: 1) people are in a defensive mode and want to have plenty of cash on hand because they fear losing their jobs or an economic collapse, 2) this is a backlash against Obama. People are not spending because they don't want the economy to improve while Obama is still in office, and 3) people are starving the government beast because they know that's the only way the beast will retreat.
If a Republican is elected in 2012, the wallets will open, not only on the part of individuals, but also on the part of businesses.
Shop ‘till you drop, and then shop some more!
Maybe, but we shouldn’t even be going there.
Congress has the duty and the responsibility to restrain spending.
If democrats want to prevent a deal by trying to force Congress to spend more than it should, then no deal, and the U.S. defaults. That simple. Take a stand right here.