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Obama praises 'Gang of Six' plan
AP (American Pravda) ^ | Jul 19, 1:54 PM EDT | By ANDREW TAYLOR

Posted on 07/19/2011 11:16:24 AM PDT by Red Badger

WASHINGTON (AP) -- Time running short to raise the government's borrowing limit, President Barack Obama on Tuesday hailed a plan by a bipartisan senators' group on deficit reduction as the kind of "balanced approach" the nation is looking for. He said it's time for Congress as a whole to rally around such a proposal.

"We don't have any more time to engage in symbolic gestures, we don't have any more time to posture. It's time to get down to the business of actually solving this problem," the president said.

Obama spoke even as House Republicans pushed toward a vote on legislation that would require trillions in spending cuts and a balanced-budget constitutional amendment in exchange for an increase in the debt ceiling. That plan is unlikely to get through the Senate, and Obama has said he would veto it.

Facing an Aug. 2 deadline to raise the debt limit, Obama said he would call House Speaker John Boehner after the vote to invited him and other leaders back to the White House for meetings in coming days.

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Business/Economy; Constitution/Conservatism; Culture/Society; Front Page News; Government
KEYWORDS: coburn; conrad; crapo; durbin; gangofsix; lamar; traitor; warner
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THE FIX IS IN...................
1 posted on 07/19/2011 11:16:26 AM PDT by Red Badger
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To: Red Badger

BOHICA Redux


2 posted on 07/19/2011 11:19:01 AM PDT by TheRobb7 (Folding@home.....Google it, then join the healing.)
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To: Red Badger

great, so if 0bama praises, I’m assuming the RINO’s caved. Please correct me if I’m wrong...


3 posted on 07/19/2011 11:19:01 AM PDT by FightforFreedomCA (It starts here! It starts now! Mr. President, game on!)
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To: Red Badger

He likes this plan because it does not involve any real spending cuts, just tax hikes.


4 posted on 07/19/2011 11:19:06 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: Red Badger

“...74 percent of the plan’s deficit-reduction goal would come from spending cuts and 26 percent from higher revenues.”

http://thehill.com/blogs/on-the-money/budget/172189-coburn-rejoins-gang-of-six-backs-37t-deficit-reduction-plan


5 posted on 07/19/2011 11:20:40 AM PDT by Qbert ("The best defense against usurpatory government is an assertive citizenry" - William F. Buckley, Jr.)
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To: Red Badger
JUST SAY NO, you fools!

Absolutely no hope if they snatch victory from the closest thing to a win that they have had politically in years.

They WILL regret this BIG TIME come 2012 if they go through with it.

6 posted on 07/19/2011 11:22:20 AM PDT by EGPWS (Trust in God, question everyone else)
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To: Red Badger

Of course he supports it. The thing is his plan, tax increases included, rebranded.


7 posted on 07/19/2011 11:22:41 AM PDT by Ingtar (Together we go broke (from a Pookie18 post))
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To: Qbert

Yeah....higher taxes NOW, spending cuts LATER (if ever).


8 posted on 07/19/2011 11:22:54 AM PDT by clintonh8r (Member Emeritus of Vitriolics Anonymous.)
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To: Red Badger

“Gang of Six” is an appropriate term.

Every one of them from the president on down is a gangsta.

Whatever they come up with, we will see taxes raised, unemployment increase, spending through the roof and the middle class ultimately wiped out.

Change we can all believe in.


9 posted on 07/19/2011 11:23:05 AM PDT by fatnotlazy
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To: ClearCase_guy
He likes this plan because it does not involve any real spending cuts, just tax hikes.

It's the "kick the can" that he likes so HE doesn't have to cope with it before the elections.

10 posted on 07/19/2011 11:24:15 AM PDT by EGPWS (Trust in God, question everyone else)
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To: Red Badger
No, you guys don't understand: they're going to take our money AND our freedom.

This is really a great deal.

If you stupid racist, sexist, homophobes were smarter you'd understand.

/sarc
11 posted on 07/19/2011 11:24:39 AM PDT by Tzimisce (Never forget that the American Revolution began when the British tried to disarm the colonists.)
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To: clintonh8r
Yeah....higher taxes NOW, spending cuts LATER (if ever).

What the he!! good is higher taxes going to do if nobody is working and the market is tanked?

12 posted on 07/19/2011 11:25:48 AM PDT by EGPWS (Trust in God, question everyone else)
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To: Red Badger

Sens. Kent Conrad (D-N.D.), Mark Warner (D-Va.), Dick Durbin (D-Ill.), Mike Crapo (R-Idaho) and Saxby Chambliss (R-Ga.), and Tom Coburn (R-Okla.)


13 posted on 07/19/2011 11:26:26 AM PDT by Jeff Chandler (Just once I'd like someone to call me 'Sir' without adding 'You're making a scene.' - Homer Simpson)
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To: Tzimisce

Any, and I mean ANY, Republican that votes for this is an open enemy of the American people and should be removed from office.

If the party passes this, we need a new party.


14 posted on 07/19/2011 11:27:00 AM PDT by LowTaxesEqualsProsperity
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To: fatnotlazy

If Obama likes it that is all I need to know. Run away from this fast!


15 posted on 07/19/2011 11:27:20 AM PDT by Free America52 (The White guys are getting pissed off. We beat Hitler Hirohito and Krushchev. Obama will be easy.)
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To: Red Badger

Ann Barnhardt is right. There really is a Combine up there (just like here in the People’s Republic of Illinois).


16 posted on 07/19/2011 11:27:27 AM PDT by Marathoner (What are we waiting for? Where are the Articles of Impeachment?)
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To: Red Badger

If Obama praises it, it’s trash.


17 posted on 07/19/2011 11:27:44 AM PDT by Judith Anne ( Holy Mary, Mother of God, please pray for us sinners now, and at the hour of our death.)
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To: Red Badger

I don’t know whether to scream or cry. Barry is pimping out these useless Congressional Republicans. No fight in them at all. Readily agreeing to tax increases with 9% unemployment is their Waterloo. God help us.


18 posted on 07/19/2011 11:27:54 AM PDT by lodi90
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To: Judith Anne
If Obama praises it, it’s trash.

That honestly is all that is needed to know!

19 posted on 07/19/2011 11:29:08 AM PDT by EGPWS (Trust in God, question everyone else)
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To: Red Badger

Tax increases i can believe - spending reductions I cannot. Maybe the cuts are just cuts in presumed iincreases and not actual cuts to existing spending.

So Obama is going to get away with it - spend like a drunken you know what and then force us to pay for it under the “THIS IS A CRISIS” mode.


20 posted on 07/19/2011 11:31:25 AM PDT by Aria ( "If we ever forget that we're one nation under God, then we will be a nation gone under.")
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To: EGPWS

>>> What the he!! good is higher taxes going to do if nobody is working and the market is tanked?

That, my friend, is going to need another committee or two to study for another year. And it’s gonna cost’ya.

And their findings will be promptly ignored by teh WON (or whoever).


21 posted on 07/19/2011 11:31:34 AM PDT by Sir Napsalot (Pravda + Useful Idiots = CCCP; JournOList + Useful Idiots = DopeyChangey!)
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To: Red Badger
"We don't have any more time to engage in symbolic gestures, we don't have any more time to posture. It's time to get down to the business of actually solving this problem," the president said.

What, exactly, is the democrat base sacrificing? I can't seem to find anything.

Why aren't the dependent democrat voters (the reason we're in this mess in the first place) being asked to sacrifice something along with everyone else? How about putting them to work so they can pay their own bills?

Share the WORK and the wealth will share itself. Free the tax slaves!

22 posted on 07/19/2011 11:31:59 AM PDT by concerned about politics ("Get thee behind me, Liberal")
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To: FightforFreedomCA

u r not wrong. The RINO’s caved.


23 posted on 07/19/2011 11:32:20 AM PDT by tennmountainman
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To: Red Badger
Tax increases now, spending cuts later, meet the new boss same as the old boss.

The Senate is a cesspool, Senate GOP is going to hand the democrats more money in increased taxes. Like they have done a good job with our money over the last 100 years? Well go ahead Senate kick the can down the road, sell our children and grand children into more debt then can ever be repaid, just as long as yall can get along and get reelected huh?

24 posted on 07/19/2011 11:35:42 AM PDT by jpsb
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To: Red Badger

I guess I can kiss TRICARE goodbye...


25 posted on 07/19/2011 11:36:20 AM PDT by PalmettoMason (Blacks are not inferior, but it is racist to hold them to the same standards as everyone else.)
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To: Ingtar
“Simplify the tax code by reducing the number of tax expenditures and reducing individual
tax rates, by establishing three tax brackets with rates of 8–12 percent, 14–22 percent,
and 23–29 percent.”

This seems like more than 3 income brackets to me and I imagine the middle class will pay the 22% and I mean people who earn around 60K which seems to me to be around the same as with Clinton. Also they are still keeping the Earned Income credit and they will be lowering deductions for mortgage interest and 401ks.
Sounds like this is in the governments favor

26 posted on 07/19/2011 11:36:32 AM PDT by funfan
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To: Red Badger

In 10 years you can take out your miniscule percentage in budget cuts...but we get to keep current increases by raising the debt ceiling limit and instituting tax hikes now! But at least it will give you the opportunity to tell the uninformed voters back home, "See, I voted for budget cuts!"

27 posted on 07/19/2011 11:36:58 AM PDT by Brandonmark (2012: Our Hope IS Change!)
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To: Red Badger

Plenty of earmarks for the “6” I’m sure.


28 posted on 07/19/2011 11:40:17 AM PDT by Huskrrrr
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To: tennmountainman
u r not wrong. The RINO’s caved.

Which is why so many people have gone Independent. Republicans promise, every time, to reign in spending and reduce the size of government, and then do the opposite. Actually, the democrats say the same thing to get elected.
Everyone lies, so deciding who to vote for is like a crap shoot.

29 posted on 07/19/2011 11:41:13 AM PDT by concerned about politics ("Get thee behind me, Liberal")
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To: Brandonmark

The House will also have to pass this right? It’s not over yet.


30 posted on 07/19/2011 11:41:43 AM PDT by Free America52 (The White guys are getting pissed off. We beat Hitler Hirohito and Krushchev. Obama will be easy.)
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To: Red Badger

10 year plan, cuts very little.


31 posted on 07/19/2011 11:42:27 AM PDT by opentalk
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To: Red Badger
Tom Coburn is the devil in this deal. I forget where I read this, but Coburn has some very devious connections in Obama's past. Notice how he came on the scene in the eleventh hour to try and save Obama’s butt.
32 posted on 07/19/2011 11:43:22 AM PDT by iontheball
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To: LowTaxesEqualsProsperity

The RINOs in the Senate keep getting re-elected every election cycle.

And that’s why this plan is being pushed through.


33 posted on 07/19/2011 11:45:58 AM PDT by Tzimisce (Never forget that the American Revolution began when the British tried to disarm the colonists.)
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To: Free America52
The House will also have to pass this right? It’s not over yet.

Well, according to our Constitution...but with this gang who knows?

34 posted on 07/19/2011 11:47:22 AM PDT by Brandonmark (2012: Our Hope IS Change!)
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To: PalmettoMason

New name for TRICARE:

TRY-AND GET-CARE...................


35 posted on 07/19/2011 11:47:43 AM PDT by Red Badger (PEAS in our time? Obama cries PEAS! PEAS! when there is no PEAS!..........................)
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To: Qbert

Here’s the more salesy than factual summary:

http://thehill.com/images/stories/gangofsix_plan.pdf


36 posted on 07/19/2011 11:48:45 AM PDT by 9YearLurker
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To: opentalk
10 year plan, cuts very little...

SuhPrise suhprise!!

It's like a pea and shells game.. except there is no pea.

Meanwhile .. When will the lamebrain media pull the trigger on DoJ and its complicity in a 'Fast&Furious' developing scandal?

37 posted on 07/19/2011 11:49:09 AM PDT by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard .. Obama: Epic Fail or Bust!!!)
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To: iontheball

“Tom Coburn is the devil in this deal.”

Could be right. He apparently has a very cozy personal friendship with Obama, see below (barf alert)

http://online.wsj.com/article/SB10001424052748703313304576132581361058672.html


38 posted on 07/19/2011 11:49:19 AM PDT by crusader71
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To: Red Badger
In 2013 Obamacare taxes kick in and Bush tax cuts expire. We are in big trouble without new leadership.
39 posted on 07/19/2011 11:50:46 AM PDT by opentalk
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To: Red Badger
President Barack Obama on Tuesday hailed a plan by a bipartisan senators' group on deficit reduction as the kind of "balanced approach" the nation is looking for.

That says it all!

40 posted on 07/19/2011 11:51:25 AM PDT by houeto
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To: Red Badger

One word to the House.......NO!!!!


41 posted on 07/19/2011 11:52:28 AM PDT by GatorGirl (Herman Cain 2012)
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To: NormsRevenge
When will the lamebrain media pull the trigger on DoJ and its complicity in a 'Fast&Furious' developing scandal?

Not only NEVER, but it will be used as an EXCUSE to DESTROY the Second Amendment.

42 posted on 07/19/2011 11:54:45 AM PDT by Lazamataz (If you pet a tiny goose, you will feel a little down.)
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To: Tzimisce
The RINOs in the Senate keep getting re-elected every election cycle.

They got rich there. When the economy crashes (which it will, because it's too late and all this talk is nothing but buying time), they can just hop on their private jets and flee the country.
There was a reason Bush bought 100,000 acres of land in Paraguay. The writing was already on the wall. He knew Fanny and Freddie would start the crash. He was there.
(I hope everyone here is preparing. Soon, that door will be closed)

43 posted on 07/19/2011 11:55:08 AM PDT by concerned about politics ("Get thee behind me, Liberal")
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To: Free America52

“The House will also have to pass this right? It’s not over yet.”

It’s been over since last week. Any strong resistance to it in the House will be portrayed as a Republican civil war by the MSM. Republicans are unstable and can’t govern, etc., etc. Get ready for an avalanche of scum that will make 2012 a slam dunk for barry. He will just run as being the great moderate and the soccer moms will buy it.


44 posted on 07/19/2011 11:57:38 AM PDT by lodi90
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To: Jeff Chandler
Saxby Chambliss (R-Ga.)

I do not care what it takes to defeat this scumbag, I will do it. Under no circumstances will he ever receive my vote.

Siding with Dick Durbin? That means you are a drawling Dick Durbin.

45 posted on 07/19/2011 11:58:29 AM PDT by Lazamataz (If you pet a tiny goose, you will feel a little down.)
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To: concerned about politics

The hacks on both sides are so set in the “business as usual ways”.
They are the ones who have created this crisis (present and pasts congress’s). They are incapable of solving it. Only a new tea party minded congress can save this country. It is my belief that a default is coming. It’s just a matter of when. Within a decade, for sure.


46 posted on 07/19/2011 12:00:09 PM PDT by tennmountainman
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To: 9YearLurker

I see nothing in that PDF specifically about FY 2012. This looks like an obama speech to me. All sizzle and no steak.


47 posted on 07/19/2011 12:02:02 PM PDT by lodi90
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To: Red Badger
...74 percent of the plan’s deficit-reduction goal would come from spending cuts and 26 percent from higher revenues.

With only $500 billion coming up front - the rest of the "cuts" will be pushed away, re-arranged, and finagled out of existence while the actual tax increases will hit every single person starting IMMEDIATELY!! I will need to read and know more, but I don't like this setup - just like with H. W. Bush - don't worry, we will take care of this later - then WHAM - We the people... find ourselves bent over a wooden horse like Marcellus Wallace!!!
48 posted on 07/19/2011 12:04:19 PM PDT by ExTxMarine (PRAYER: It's the only HOPE for real CHANGE in America!)
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To: EGPWS

“What the he!! good is higher taxes going to do if nobody is working and the market is tanked? “

It will help fund the cushy retirement benefits of the present and past congresscritters who created this country killing debt. While they are enjoying their cushy retirements, americans will be paying a huge price.


49 posted on 07/19/2011 12:04:26 PM PDT by tennmountainman
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To: tennmountainman
It’s just a matter of when. Within a decade, for sure.

Millions of Americans are without jobs. That means even more welfare. The talk is about default, but has nothing to do with welfare reform or jobs. Million more on welfare will require billions more in spending. Where's that money going to come from?
Add the cost of additional health care for illegals and those who are now without work, and we've got even bigger problems coming - sooner rather than later.

I hope everyone here is becoming as self sufficient as possible. People are going to have to learn to get by with nothing.

50 posted on 07/19/2011 12:06:56 PM PDT by concerned about politics ("Get thee behind me, Liberal")
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