Skip to comments.Reid Calls GOP Debt Bill 'Dead on Arrival' as White House Threatens Veto (Reid's bill is also dead)
Posted on 07/26/2011 3:02:40 PM PDT by tobyhill
Senate Majority Leader Harry Reid warned Tuesday that the House Republicans' deficit-reduction bill is "dead on arrival" in his chamber, as the Obama administration issued a formal veto threat and pushed lawmakers to reach a "compromise." At the same time, House conservatives began to peel off from the bill being pushed by House Speaker John Boehner.
White House officials appeared to hold back earlier Tuesday when asked whether President Obama would veto the GOP bill, which could be voted on in the House as early as Wednesday. Later, the administration issued what's known as a "statement of administration policy" saying the president's advisers "would recommend that he veto this bill" should it clear Congress.
(Excerpt) Read more at foxnews.com ...
Works for me.
I think after Moodys downgrades our bonds next week...everyone will have a fresh new attitude about these issues. Once you into the business of hustling up bonds....you should have always considered the consequences when you spent too much money.
Where’s the Obama plan?
I can handle this far better than being sold out by the leadership. Back to Cut, Cap and Balance, or simply hold and cut. Any way you slice it, somebody has to neuter the spenders.
Maybe GOP should pass it (I agree it is not a good plan) if the dems promise to kill it in teh senate...
Keep in mind 1 thing:
They no longer want a tax increase because it is immediate and it is fiscal contraction. Do that to a teetering economy and unemployment will explode further, and that’s that for re-election.
So make no mistake here, this is not and never has been about taxes. It’s about spending, and frankly, a sharp cut to FY2012 spending is ALSO fiscal contraction and will spike unemployment.
It’s beyond salvation.
I think those supporters are among the few that he has left.
Is a “statement of administration policy” any more likely to be true than a “bloviation from behind a podium”?
...and that’s a very good thing!
They are just saying that in hopes that the house will pass it....they want this bill and Zero won't veto it.
He loves it that he's dividing the right.
Good news: Obama will tank before America does. :>)
Leaving himself an out, huh? I'm beginning to anticipate another of those sore loser speeches like the one we heard after he lost the Bush tax cut extension vote. He's finally figured out that if he vetoes the bill and puts us into default, the public isn't going to look past the last guy to touch it while searching for someone to blame.
Boehner needs to go national with the following message:
“We in the House have submitted three proposals to cut back spending and try to get our nation`s fiscal house in some semblance of order. And three times we`ve met nothing but a brick wall from the President and the Senate.
“We steadfastly refuse to subject Americans to yet a deeper tax bite when in actuality there is enough revenue coming in to Federal coffers. Going forward, we are standing pat with the cut-cap-balabce legislation passed a week ago. We urge all Americans to contact their Senators and urge them to vote on and pass CCB forthwith. The House has completed its work on this matter.”