Posted on 07/25/2011 10:11:01 AM PDT by kristinn
Rush Limbaugh said Speaker of the House John Boehner phoned him this morning around 10:30 to brief him on the latest news about his negotiations with Senate Majority Leader Harry Reid and Senate Minority Leader Mitch McConnell to raise the nation's debt ceiling.
Limbaugh told about the conversation on his nationally syndicated radio program. Boehner said there is a two-tier plan in the works. Step one would cut $1.1 trillion in spending with a $1 trillion increase in the debt that would get the government to April 2012 with no tax increases.
The next tier would be recommended cuts by a joint House-Senate committee made by twelve members, six from each chamber with three each appointed by each leader, Boehner, Reid, McConnell and House Minority Leader Nancy Pelosi.
Limbaugh said that McConnell is now on the same page as Boehner.
” The $1.1 trillion in “cuts” (actually reduced increases in spending, given DC-speak) will be over the next 5-10 years. The Debt Increase would be for RIGHT NOW.”
That proposal out to get you 3-5 years at Levenworth!!
Thanks for the added details.
The moderator corrected it...without asking...it was RSUH...
It sounds like another bi-partisan POS attempt but I’ll hold my tongue until we get to see it. I think Soetoro will sign anything they put in front of him at this point or he will end up with the public finger pointing at him. His worst nightmare.
“It’s a cookbook!”
With revenue bills originating in the house in letter, Boehner must lead the cause in spirit as well. He sent the Ryan bill, Reed shrugged it off. He sent the CCB to the Senate, and Reed shrugged it off. Boehner, Lead! damn you.
It's a committee.
The Congress still has to vote the results in an up or down vote. And HuffPost doesn't like that because the House will vote the right way.
Let us hope that the result is NO DEAL!
At least, it only goes to April 2012. That’s the good news.
What power does this “committee of 12” have over our elected leaders?
It’s just more bs. Six will fight for deeper unconstitutional socialism and six will fight for slower unconstitutional socialism. And they hope to impose the decisions made by this “bi-partisan” socialist committee on the Tea Party representatives.
Two words: Pyrrhic victory.
You’re welcome.
The President doesn't veto what they come up with. He would have to veto a bill which was put through Congress on the results of the committee's work.
And if the President does veto anything, he has to deal with the debt ceiling expiring again. I like it. Bambi doesn't want the headache of dealing with the debt limit again...this plan gives him the headache.
A glaring absence of detail, aside from a boost in the debt ceiling.
Sounds like a load of cr@p to me.
Drudge is reporting that Boehner wants $1 trillion in cuts. Is that $1 trillion in cuts for the current fiscal year?
Defunding the EPA right now would save money and get a nasty regulatory agency off the backs of American businessmen...
I agree. Anything that marginalizes 0bama is an improvement. He's proven to be of no value added to the process, so he may as well STFU until the Congress hands him an offer he can't refuse. 0bama is tanking in the polls and that reality is starting bite where it should.
Even the WaPo admits the GOP is winning this battle. Now the question is whether that will continue.
Thank God for the TEA Party presence in the House. They are pushing Boehner to lead forcefully.. something to which he's not accustomed. Hopefully the taste of a hard-earned, but CLEAR win against 0bama will give Boehner and the GOP the spinal steel to move forward on other matters once this is resolved.
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