Skip to comments.Harry Reid postpones vote till Sunday at 1 p.m.
Posted on 07/30/2011 7:35:44 PM PDT by MinorityRepublican
After rejecting a GOP bill passed by the House, Senate Democrats pursue their own plan to avert a government default in a messy legislative showdown.
Senate Majority Leader Harry M. Reid announced late Saturday that negotiations with Minroity Leader Mitch McConnell and the White House had made enough progress that he would delay consideration of his own legislation to avert the debt crisis.
Rather than a 1 a.m. Sunday vote, Reid said he would give the negotiators room to maneuver and set a 1 p.m. Sunday vote on his bill -- which McConnell has already assured would be defeated.
A sense of desperation had settled over the Capitol on Saturday, with the prospect of a government default and rank-and-file lawmakers pleading with their leaders to set politics aside and strike a bipartisan deal to raise the federal debt limit.
After months of negotiation and weeks of debate, every black-and-white plan for cutting government spending and raising the $14.3 trillion debt ceiling seemed either doomed or had already been shot down.
As the battle entered its final tense hours, the nations leaders were left bickering among themselves, unable to agree on even a modest version of the plan they said they were on the verge of sealing barely one week ago. The remaining differences between them were not especially large. Still, a resolution appeared elusive.
It really shouldnt be this difficult, Sen. John F. Kerry (D-Mass.) said in speech Saturday evening on the Senate floor. I believe theres a bipartisan consensus here in the Senate waiting to lift our country and our future if we stop talking past each other.
(Excerpt) Read more at washingtonpost.com ...
Minroity huh, is that one of obama’s other czar’s we didn’t hear about?
No worry, the fix has been in for a while.
The actors in this Kabuki dance need to take a break and rehearse their lines for the final act. Take it only for entertainment value.
Because that’s all it is.
What’s that on his head? Klaatu barada nikto!
I PRAY the GOP hangs TOUGH and doesn’t let little WORMS like McCain, Lindsey Graham and the trio of Coburn, Chambliss and Crapo make them crap out on this issue.
The GOP put forth a plan. The Dems put forth one which will make things worse and put the fall-out off until AFTER that bastard Obama gets re-elected.
I hope they can see through this transparent chess game.
Too much like work to continue into the night like real private sector negotiations often do........
I believe Harry’s actual title is Senate Majority Czar. But to be honest, he’s mostly there to say negative comments about Republicans. The question that would be nice to hear reporters ask him...what contributions or written material have the White House given his staff in this bill-writing episode?
Thank you pres__ent in chief for saving the country!
Yep, the fix is in.
“Rather than a 1 a.m. Sunday vote, Reid said he would give the negotiators room to maneuver and set a 1 p.m. Sunday vote on his bill “
Kabuki Translator says:
“He can’t get enough- if any- RINOs to go for a compromise bill after his bill fails cloture. So he’ll just delay proceedings as long as he can.”
Yep, and pass it to find out what’s in it...
His halo you ninny. Or maybe he needs a sombreo that big in Searchlight.
I do not see the House giving Obama and the Dem caucus a pass on this for the entire election cycle. That is the rub. If they do, then it will be the last cycle the GOP needs to worry about for a long, long time.
He’s holding the country hostage!
I don’t believe a fix is in. Whatever passes in the Senate will not be supported by the Tea Party Republicans. For once, the Congress is going to be forced to do the right thing.
Poor Harry. Doesn’t have the votes. Hopes he can buy another vote or two by tomorrow.
Is it my impression or does Harry look somewhat imploded these days?
The content of the bill aside, is anyone else just sick of how stupid these people are making us look on the international stage? We’re supposed to be the Leader of the Free World, yet they can’t even put a budget in place despite controlling the entire government, we have members tweeting pictures of their “members”, and fools like Harry Reid who one day are scrambling to keep their jobs and then shortly after, act as if they’re master of the universe. Like a bunch of spoiled children, they can’t get their work done on time, wait until the very last minute, and then whine and blame others.
These people make us look like lazy dolts. This isn’t the friggin’ High Council of Elbonia, it’s the United States Senate!
As a resident of Illinois, all I can say to my fellow Americans in all fifty seven states is “this is what it feels to have Blago in charge”.
It is not that they cannot put out a budget, they want a blank check, so they don’t need a budget. An affirmative action slug is running the government, with lying vermin doing his bidding in the other two branches of the government. Do you really expect them to operate that cesspool on a budget? With no ‘loyal opposition’, the pubbycrats don’t need no stinkin’ budget!
As a fellow Illinois resident, I have to add "Don't forget Comrade Quinn."
Harry already has his Dem Senators from Maine and Mass. Still not enough. Any other Senator that has the balls to vote themselves over Country will not be in good shape at all.
It was kinda fun today to watch Mitch throw Reids words right back at him. Of course calling chuck u schumer “president” was quite a bitch.
I reckon you’re right - we’ve got a lot to feel bad about, it’s just a shame...
Dude, they want this to pass through the 2012 elections. That is all it is.
You're no better than Dingy Hairy, you sit there
and spout words expecting everyone else
to decifer WTF you just said.
By an anonymous summons, an attempt has been made to convene you together; how inconsistent with the rules of propriety, how unmilitary, and how subversive of all order and discipline, let the good sense of the army decide...
Thus much, gentlemen, I have thought it incumbent on me to observe to you, to show upon what principles I opposed the irregular and hasty meeting which was proposed to have been held on Tuesday last - and not because I wanted a disposition to give you every opportunity consistent with your own honor, and the dignity of the army, to make known your grievances. If my conduct heretofore has not evinced to you that I have been a faithful friend to the army, my declaration of it at this time would be equally unavailing and improper. But as I was among the first who embarked in the cause of our common country. As I have never left your side one moment, but when called from you on public duty. As I have been the constant companion and witness of your distresses, and not among the last to feel and acknowledge your merits. As I have ever considered my own military reputation as inseparably connected with that of the army. As my heart has ever expanded with joy, when I have heard its praises, and my indignation has arisen, when the mouth of detraction has been opened against it, it can scarcely be supposed, at this late stage of the war, that I am indifferent to its interests.
But how are they to be promoted? The way is plain, says the anonymous addresser. If war continues, remove into the unsettled country, there establish yourselves, and leave an ungrateful country to defend itself. But who are they to defend? Our wives, our children, our farms, and other property which we leave behind us. Or, in this state of hostile separation, are we to take the two first (the latter cannot be removed) to perish in a wilderness, with hunger, cold, and nakedness? If peace takes place, never sheathe your swords, says he, until you have obtained full and ample justice; this dreadful alternative, of either deserting our country in the extremest hour of her distress or turning our arms against it (which is the apparent object, unless Congress can be compelled into instant compliance), has something so shocking in it that humanity revolts at the idea. My God! What can this writer have in view, by recommending such measures? Can he be a friend to the army? Can he be a friend to this country? Rather, is he not an insidious foe? Some emissary, perhaps, from New York, plotting the ruin of both, by sowing the seeds of discord and separation between the civil and military powers of the continent? And what a compliment does he pay to our understandings when he recommends measures in either alternative, impracticable in their nature?
I cannot, in justice to my own belief, and what I have great reason to conceive is the intention of Congress, conclude this address, without giving it as my decided opinion, that that honorable body entertain exalted sentiments of the services of the army; and, from a full conviction of its merits and sufferings, will do it complete justice. That their endeavors to discover and establish funds for this purpose have been unwearied, and will not cease till they have succeeded, I have not a doubt. But, like all other large bodies, where there is a variety of different interests to reconcile, their deliberations are slow. Why, then, should we distrust them? And, in consequence of that distrust, adopt measures which may cast a shade over that glory which has been so justly acquired; and tarnish the reputation of an army which is celebrated through all Europe, for its fortitude and patriotism? And for what is this done? To bring the object we seek nearer? No! most certainly, in my opinion, it will cast it at a greater distance.
For myself (and I take no merit in giving the assurance, being induced to it from principles of gratitude, veracity, and justice), a grateful sense of the confidence you have ever placed in me, a recollection of the cheerful assistance and prompt obedience I have experienced from you, under every vicissitude of fortune, and the sincere affection I feel for an army I have so long had the honor to command will oblige me to declare, in this public and solemn manner, that, in the attainment of complete justice for all your toils and dangers, and in the gratification of every wish, so far as may be done consistently with the great duty I owe my country and those powers we are bound to respect, you may freely command my services to the utmost of my abilities.
While I give you these assurances, and pledge myself in the most unequivocal manner to exert whatever ability I am possessed of in your favor, let me entreat you, gentlemen, on your part, not to take any measures which, viewed in the calm light of reason, will lessen the dignity and sully the glory you have hitherto maintained; let me request you to rely on the plighted faith of your country, and place a full confidence in the purity of the intentions of Congress; that, previous to your dissolution as an army, they will cause all your accounts to be fairly liquidated, as directed in their resolutions, which were published to you two days ago, and that they will adopt the most effectual measures in their power to render ample justice to you, for your faithful and meritorious services. And let me conjure you, in the name of our common country, as you value your own sacred honor, as you respect the rights of humanity, and as you regard the military and national character of America, to express your utmost horror and detestation of the man who wishes, under any specious pretenses, to overturn the liberties of our country, and who wickedly attempts to open the floodgates of civil discord and deluge our rising empire in blood.
By thus determining and thus acting, you will pursue the plain and direct road to the attainment of your wishes. You will defeat the insidious designs of our enemies, who are compelled to resort from open force to secret artifice. You will give one more distinguished proof of unexampled patriotism and patient virtue, rising superior to the pressure of the most complicated sufferings. And you will, by the dignity of your conduct, afford occasion for posterity to say, when speaking of the glorious example you have exhibited to mankind, “Had this day been wanting, the world had never seen the last stage of perfection to which human nature is capable of attaining.”
General George Washington - March 15, 1783
10:42pm | The possible deal?
ABC News Jon Karl reports that the deal being considered in the White House is as follows:
Debt ceiling increase of up to $2.8 trillion [Enough to last through the beginning of 2013]
[Immediate] Spending cuts of roughly $1 trillion
Special committee to recommend cuts of $1.8 trillion (or whatever it takes to add up to the total of the debt ceiling increase)
Committee must make recommendations before Thanksgiving recess
If Congress does not approve those cuts by late December, automatic across-the-board cuts go into effect, including cuts to Defense and Medicare
This represents a compromise between the Boehner and Reid plans with a single debt limit increase through, but triggers to incentivize a debt deal.
This is by no means finalized, and Senators will meet with the White House tonight to iron out a deal.
The Senate would then take it up, before bringing it to the House, where Democrats and Republicans would be required to join together in a bipartisan vote to raise the debt limit likely with just hours left until the deadline.
WAIT a minute, Dingy Harry. You were lecturing the GOP, House and all the world that you could not wait and the economy, world, universe was in peril and a vote would happen this evening. NOW, you want to wait over 12 hours to vote.
Pretty important huh?? Running out of time huh??
Note to GOP in the House, take your time in voting this crap down. The world will not end on August 2nd.....or 20th for that matter.
Sad but all to true.
Most of us have been saying this for days. It just is typical of this group of idiots in charge of the nation. I thought 2008 was drama.
I am sure we have an extremely difficult few decades ahead of us.
Large as cuts of $2.9 trillion might appear, in fact theyre minuscule compared to Washingtons embedded (baseline) plan to spend $45.8 trillion over the coming decade (2011-2021), as recently forecasted by the independent Congressional Budget Office (CBO). In the past decade (2001-2010) Washington spent $28.3 trillion, so baseline outlays in 2011-2012 would entail a decadal increase of 62%. Thats not the biggest spending boom in U.S. history, but neither would it be anything close to austerity, as many critics claim.
Even the most radical GOP plan, to cut $9 trillion, would boost federal outlays by 30% in the coming decade versus outlays in the past decade, while the most modest GOP plan, to cut a mere $2 trillion, would boost outlays by 55%. Yet Democrats lambaste GOP plans as Draconian, prone to trigger a depression.
Speaking of the world stage, the Tainwanese animators are at it again. Their take on the tea party:
Just imagine that all of the numbers being thrown around are assuming we see some economic growth of the coming years. They are assuming we end the wars. They are assuming there won’t be additional major wars in the Middle East (or elsewhere). They are assuming that Europe won’t fall apart (which appears possible if not likely). They are assuming that IRAN won’t LAUNCH a war - a major war.
They are assuming no huge disasters. No major terrorist attacks on our soil.
Think about the last 5-10 years.
How do you think this is going to play out?
Tainwanese = Taiwanese
Godly men worship on Sunday to commemorate the resurrection of Christ, evil men call votes when they should be on there knees seeking wisdom and forgiveness.
Will some genius, and there are many on here, explain to me how our credit could be so good when we go up to the last minute to solve this “crisis”. It would seem people loaning us money would know that this can happen again if we keep spending.
Fool me once! Twice! Three times!
Fools we are
We, the American voters chose these upstanding examples of America's finest to lead our country. To me that is more significant than the predictable mess they have created. We can overcome the finances, but we can't cure the stupidity of the electorate.
How many can we vote out in the next election? Leading up to the last election is appeared the Tea Party had some chance to win some seats.
Wonder what can be pulled off this next time around. Can America be convinced that we have to get the old politicians out of office.
McCain made it back in - Pelosi keeps making it back in.
Just how many can be thrown out this next time around. I fear most Americans are too stupid to know who to blame.
It's about this not being an issue with the run up to the 2012 Elections.
Dirty Dingy Harry defines short term as six months, long term as 18 months. If the Election was 24 months away, Harry would define 26 Months as long term.
There you go.
Reid and Obama don’t care what kind of (phony) cuts they promise or pretend to make.
What this is ALL about on the left is pushing the whole issue past the 2012 election, just as you said, eyedigrees.
If McConnell goes for it the battle is lost.
That’s the way I see it coming down, the fix is in, has been for weeks. Nothing but grandstanding now, and pandering to the new Tea Party Congress.
Working from Q309, forward, read GDP as follows:
1.7, 3.8, 3.9, 3.8, 2.5, 2.3 now here it comes: 0.4 and then todays 1.3%.
I wont keep you in suspense any more. Heres my take: MOMENTUM IS BROKEN. A big, ol monkey wrench, courtesy of input arising from the change in inventory and Imports. And once momentum stumbles, then H2 growth becomes a wild card, right?
Is There a Recession in Our Future?
I mentioned a chart from Rich Yamarone, Chief Economist at Bloomberg (who Im having dinner with next Tuesday in NYC). I previously wrote:
And the last chart is one I had not seen before, and is interesting. Rich notes that if year-over-year GDP growth dips below 2%, a recession always follows. It is now at 2.3%.
Growth is clearly decelerating. Look at the growth numbers from the St. Louis Fed website for the last six quarters:
It will be very interesting to see, at the end of the month, what the numbers are for the second quarter. Another quarter like the first quarter and we should either be close to or actually dip below 2%.
And the $4 trillion they are talking about? That is a down payment. We need $10-12 trillion in cuts over ten years, which I explained would put us into a slow-growth-at-best, Muddle Through economy with high unemployment and tough tax policies. I pointedly showed Senator Mike Lee why we could not cut spending too fast (as the Tea Party wants) unless we want Depression 2.0 and 20% unemployment. It has to be my glide-path option. As I said, Lee was taking notes fast and furious. And asking the right questions. I like him. Lieberman was also engaged (I really do like him), and they were all very candid about the political problems they were facing. And it was a very sober group as we ended the meeting. But they all politely thanked me for coming and talking frankly. Even the Dems (I confess I think I know the name of one, but the website picture does not look like him, so I dont want to get it wrong. But he was impressive with his questions as well.)
I have to tell you, gentle reader, that leaving that meeting I was very sober as well. They made it clear that getting it done is going to be very hard, and it will take real commitment from men and women like them to get us through this. They all noted that their mail was running 100 to 1 against cutting Medicare. Every one of them. They know that they cannot close the deficit gap just with the elimination of the Bush tax cuts. And I think I convinced any who werent already, that not getting the deficit under control means Depression 2.0 and a disaster.
The debate in 2012-13 will be, how much Medicare do we want and how do we want to pay for it? Sadly, I think the only way is with a VAT (value-added tax), since less than 50% of citizens pay any income taxes now. Want to run on a program of taxing the middle class? Didnt think so. Want to run on a platform of cutting Medicare? That is not a winner either. We are at an impasse.
We need a massive restructuring of our entire tax code to be more encouraging of creating jobs. But that is another story for another week. It is time to hit the send button.
Huh? McConnell is predicting that it won’t pass? Why? From where I sit, all McConnell has ever wanted to do is raise the debt limit so Obluffer would have more $TRILLIONS to blow on Marxist schemes, call for some fictitious figure of spending cuts....but spread out over at least a decade...guaranteeing that they will NEVER happen, and once more shirk any responsibility to prevent financial collapse of our economy.
So what doesn’t he like now? Not enough $TRILLIONS for Obluffer? The fictitious spending cut number not grandiose enough? What?! The fix has been in since the day this congress was sworn in in January. We have been being PLAYED since then, too! So come on, RINOS! Cut the pretense, grab your ankles and let’s move on to the next cave-in!
The proof that we are being played is the fact that CC&B was passed and sent to the Senate, and Boehner didn’t stand pat and say TAKE IT OR LEAVE IT! He knew beforehand that Boehner-2 and Boehner-3 had been pronounced DOA before THEY were even voted on. So why go through that? THEATER! Eye Candy for us stupid rubes out here in flyover country. Material for the 24/7 news outlets to flake and form to fit THEIR agendas in an attempt to scare the crap out of the remaining gullible rubes. Only problem for them? Here’s one rube who is no longer fooled. I’m truly amazed that anyone who has been paying any attention at all would not be wise to their crap by this time.
Why 1 pm?
7 + 3 + 1 = 11
At 1300. 13 is unlucky because of the end of the Knights Templar. “On October 13, 1307, a day so infamous that Friday the 13th would become a synonym for ill fortune, officers of King Philip IV of France carried out mass arrests in a well-coordinated dawn raid that left several thousand Templars knights, sergeants, priests, and serving brethren in chains, charged with heresy, blasphemy, various obscenities, and homosexual practices. None of these charges was ever proven, even in France and the Order was found innocent elsewhere but in the seven years following the arrests, hundreds of Templars suffered excruciating tortures intended to force “confessions,” and more than a hundred died under torture or were executed by burning at the stake.”
It was about their legendary treasure. Philip IV wanted the money. Now, other men want ours.
8 + 1 = 9 + 2 = 11 +11 = 22
Or, you can just have 11 * 2.
If Congress does not approve those cuts by late December, automatic across-the-board cuts go into effect, including cuts to Defense and Medicare
December? WTF? More nonsense?
Freeze the Ceiling Freeze it NOW.
Its the only real solution, that will force real cuts, that WE THE PEOPLE can trust.
It should be shouted from the rooftops. I was watching FNC at about 3 today and the host asked the correspondent what was the problem.
I thought I might get a truthful answer, nope. It was all answered in the procedural process. Never why their was a procedural process. The GOP house is not going to pass anything that carries this panty-waist administration through this debate. If they do, I will personally mail my voter registration to my Senator, with orders to destroy it.