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Reid backs debt deal if other Democrats will: aide
Reuters ^ | Sun Jul 31, 2011 | Reuters

Posted on 07/31/2011 2:52:21 PM PDT by mdittmar

(Reuters) - Senate Democratic leader Harry Reid will support the tentative debt-ceiling deal as long as other Democrats back it as well, a spokesman said on Sunday.

(Excerpt) Read more at reuters.com ...


TOPICS: Breaking News; Constitution/Conservatism; Government; News/Current Events; Politics/Elections
KEYWORDS: congress; debtceiling; defense; obama; palin; spending; spendingcuts
harry,you have Mitch.
1 posted on 07/31/2011 2:52:24 PM PDT by mdittmar
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To: mdittmar

I’m taking bets on Harry winning the Portrait in Courage award.


2 posted on 07/31/2011 2:53:26 PM PDT by Darkwolf377 (``Stupidity is also a gift of God, but one mustn't misuse it``-Pope John Paul II)
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To: mdittmar

Reid has caved. Let’s see if Obama will.


3 posted on 07/31/2011 2:55:00 PM PDT by randita (Obama - chains you can bereave in.)
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To: mdittmar

Where’s DeMint with the filibuster he promised?

Oh...he was only kidding? Never mind, then.


4 posted on 07/31/2011 2:55:50 PM PDT by Arm_Bears (I'll have what the gentleman on the floor is drinking.)
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To: mdittmar
Why don't we just save everyone the time and raise the debt ceiling the amount Obama would spend over 8 full years.

What would that number equal?

$50 trillion?

5 posted on 07/31/2011 2:58:12 PM PDT by The Iceman Cometh (I'm called a 'teabagger'? Well, get over here liberal and I'll show you what that means.)
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To: Arm_Bears

Second time DeMint does that


6 posted on 07/31/2011 3:01:15 PM PDT by American Dream 246 (Open your eyes. Freedom is not a one day fight. Enemies of Freedom are legion.)
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To: randita
Reid has caved.

On What?

7 posted on 07/31/2011 3:03:29 PM PDT by mdittmar (i)
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To: Arm_Bears
I don't think a filibuster is going to be necessary. Rand Paul also now says he won't obstruct the ability to have a floor vote.

This tells me that both DeMint and Paul know the bill is dead, and they can save some political capital in the process.

Of course, I could be wrong, but even Dingy Harry is backing away from his own bill.

8 posted on 07/31/2011 3:05:41 PM PDT by Carling (At some point, those surrounding Obama have to realize that they are working for a psychopath)
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To: Arm_Bears

They didn’t need to filibuster. Reid’s bill was defeated outright.


9 posted on 07/31/2011 3:15:28 PM PDT by richardtavor (Pray for the peace of Jerusalem)
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To: mdittmar

The state run liberal “media” are still trying to make their boy, Stinky Harry, appear to be relevant. Once this is all said and done, expect Stinky’s toadies in the “media” to trumpet how “lucky” America is that the commie union thugs and freeloading illegal aliens sent Stinky back to the Senate.


10 posted on 07/31/2011 3:18:22 PM PDT by FlingWingFlyer (Hey Barry! Compromise this!!!)
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To: The Iceman Cometh

> Ronald Reagan’s First Term – $656 billion increase

> Ronald Reagan’s Second Term – $1.036 trillion increase

> George H.W. Bush’s Term – $1.587 trillion increase

> Bill Clinton’s First Term – $1.122 trillion increase

> Bill Clinton’s Second Term – $418 billion increase

> George W. Bush’s First Term – $1.885 trillion increase

> George W. Bush’s Second Term – $3.014 trillion increase

> Barack Obama’s First “Year” – $1.573 trillion increase - on line (and about to receive clearance to go over $7Trillion in ONE TERM).


11 posted on 07/31/2011 3:18:31 PM PDT by TheBattman (They exchanged the truth about God for a lie and worshiped and served the creature...)
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To: mdittmar

Now that is REAL leadership. “I support it... maybe... maybe not.”


12 posted on 07/31/2011 3:34:17 PM PDT by ataDude (Its like 1933, mixed with the Carter 70s, plus the books 1984 and Animal Farm, all at the same time.)
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To: All; mdittmar
CNN has it too. Reid says he has signed onto a debt ceiling deal
13 posted on 07/31/2011 3:35:13 PM PDT by newzjunkey (Paul Ryan on Reid's bill: "Let's cover the moon with yogurt" http://post.ly/2gTED)
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To: randita

Obama already caved. Reid is just taking his cue.


14 posted on 07/31/2011 3:42:09 PM PDT by rjeffries
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To: randita

Reid is the caviest of all cave-men.


15 posted on 07/31/2011 3:44:34 PM PDT by NoRedTape
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To: rjeffries

>> Obama already caved. Reid is just taking his cue.

They’re not caving, it’s a calculation for 2012.

The GOP essentially capitulated.


16 posted on 07/31/2011 3:44:51 PM PDT by Gene Eric (May our dreams converge for a free and prosperous nation.)
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To: rjeffries

The negativity is astounding here. You don’t turn the Titanic on a dime.
No new taxes and a reasonable path to continue the turn is what is needed.

Hopefully no triggers to tempt Democrats to decimate Defense. If that is avoided then this is going to be a major change in the tide.

Some folks don’t seem capable of noticing. With control of only one of three levers, that is an impressive victory for the Republic.


17 posted on 07/31/2011 3:45:52 PM PDT by romanesq (For George Soros so loved the world, he gave us Obama)
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To: romanesq
You don’t turn the Titanic on a dime

To bad they couldn't,it was unsinkable after all.

18 posted on 07/31/2011 3:51:37 PM PDT by mdittmar (i)
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To: mdittmar
This just gives an excuse to the Dems to cut defense. Republicans have been had, again.

Reid signs off on debt deal as negotiators get close Read more: http://www.politico.com/news/stories/0711/60304.html#ixzz1Tj0YnunU

... the proposal calls for severe across-the-board cuts as the action-forcing device - cuts affecting Democratic domestic priorities, including Medicare, but also about 50 percent would come from defense spending, which is a major priority for many Republicans.

Considering that defense is only 20% of the budget, with 80% being everything else, this means draconian cuts from defense and trivial amounts from everything else.

19 posted on 07/31/2011 3:53:01 PM PDT by Clairity ("The United States needs to be not so much loved as it needs to be respected." -- VP Dick Cheney)
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To: randita

Reid and Obama are getting everything they want. They are now negotiating between two bills that they wrote, though one of bills has Boehner’s name on it.


20 posted on 07/31/2011 3:56:22 PM PDT by 9YearLurker
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To: Arm_Bears; All
Filibuster won't matter. Reid will get the 7 GOP votes needed to overcome. McConnell, Brown, Collins, Snowe... there's four without breaking a sweat.

I can easily see McCain and his pal Lindsey Graham signing on so that leaves one more needed. Could be Chambliss, could be Crapo, both of the "Gang of Six" who undermined "Cut, Cap & Balance." Could be Kay Bailey Hutchison. It won't be hard to break filibuster on this.

Boehner will have a harder time in the House with Republicans but Dems will be voting for this thing. He can lose the 50 freshman, Bachmann, Paul, McClintock and more but pass this with Dem support.

Either way the final roll call votes will be interesting. Maybe more interesting than the "deal" itself.

A "NO" vote on this will be spun as voting for default in any competitive GOP-held district in 2012. I suspect Allen West will vote "YES" on the deal and tantrum tp types should understand the context before running him down. We'll see how it goes.

It's time to accept the ground gained here and move on to battle for the next hill and remember we could've had more if not for the wobbly do-nothing Senate and Obama, the-man-with-no-plan. The House, and its leadership, were not the problem.

21 posted on 07/31/2011 4:02:12 PM PDT by newzjunkey (Paul Ryan on Reid's bill: "Let's cover the moon with yogurt" http://post.ly/2gTED)
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To: mdittmar

Reid, a paragon of leadership and courage shouted: “Me too, you first!”


22 posted on 07/31/2011 4:06:27 PM PDT by norwaypinesavage (Galileo: In science, the authority of a thousand is not worth the humble reasoning of one individual)
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To: mdittmar

Wow, what principles!


23 posted on 07/31/2011 4:19:56 PM PDT by coloradan (The US has become a banana republic, except without the bananas - or the republic.)
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To: mdittmar
Senate Democratic leader Harry Reid will support the tentative debt-ceiling deal as long as other Democrats back it as well, a spokesman said on Sunday.

Reid: "Leadership? We're all out of it over here!"

24 posted on 07/31/2011 4:20:08 PM PDT by Lazamataz (If you pet a tiny goose, you will feel a little down.)
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To: mdittmar
....Reid will support the tentative debt-ceiling deal as long as other Democrats back it as well...

Just like Barry, Reid is leading from behind.

25 posted on 07/31/2011 4:31:01 PM PDT by SERKIT ("Blazing Saddles" explains it all......)
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To: randita

Sorry, BUt I still sell a rat. If this bill contains no new revenue enhancements which the BO and the Demons were screaming about during this whole ordeal, and bonehead is going to need the votes of democrats in the house to pass it, this will be the time for the rats to try to insert tax increases into anything that comes out of it.


26 posted on 07/31/2011 4:31:04 PM PDT by Always Independent
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To: mdittmar

This leading from behind stuff is catching on with the ‘rats.


27 posted on 07/31/2011 4:45:53 PM PDT by AU72
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To: mdittmar

The RATS internal polling data must be really bad. America doesn’t want their euro-socialism.


28 posted on 07/31/2011 4:46:24 PM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: Clairity; All
It remains to be seen if that "50% of cuts" coming in defense spending would include Reid's "war savings" phony numbers or not.

I did some "back of envelope" numbers:

If the ceiling rises $2,400 billion, that leaves $1,500 billion of "across the board cuts." If half of those come from defense that's $750 billion over 10 years. The 2010 defense budget was $664 billion including "overseas contingency operations."

In other words, worst case, it's the equivalent of defense getting $0 in ONE of the next 10 years. That sounds terrible but to look at it another way, it's only $75 billion off per year.

However that's more than the baseline increase for at least half those 10 years.

This could be a genuine cut upfront in defense spending.

If the defense budget grew only at baseline levels (7.5%) it would only be $125 billion below where it would otherwise be 10 years from now (roughly $1,267 trillion vs $1,342 trillion) and it looks like in the last 4 years of that 10 the $75 billion would be less than the baseline increase.

If those defense cuts excludes the "war savings" Reid tried to call "cuts," the picture may be much bleaker for defense.

The details really matter here.

I'd expect Democrats to claim it's a relatively small cut, entirely reasonable, by emphasizing the $75 billion. Conversely I'd expect neocons to go the "it's like defense gets $0 for a whole year" route in rhetoric.

29 posted on 07/31/2011 4:48:19 PM PDT by newzjunkey (wonders how far off these quick calculations are...)
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To: Always Independent
Reports on the first details say any tax hike danger comes with the "select committee" recommendations on how to offset the 2nd half of the debt increase.
30 posted on 07/31/2011 4:54:05 PM PDT by newzjunkey (Paul Ryan on Reid's bill: "Let's cover the moon with yogurt" http://post.ly/2gTED)
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To: newzjunkey

Man I sure hope Obama misses his $35,000 a plate birthday party!

A moment worth celebrating.


31 posted on 07/31/2011 5:00:49 PM PDT by silentknight
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To: mdittmar

Now thats what I call leadership.


32 posted on 07/31/2011 5:16:25 PM PDT by Husker24
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To: mdittmar
Under "Profiles in courage and leadership"...

Senate Democratic leader Harry Reid will support the tentative debt-ceiling deal as long as other Democrats back it as well

33 posted on 07/31/2011 5:17:43 PM PDT by raybbr (People who still support Obama are either a Marxist or a moron.)
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To: silentknight

hmm

hope?

7:49pm | “A sugar-coated Satan sandwich.”

That’s what Rep. Emanuel Cleaver (D-MO) called the plan currently being formulated to raise the debt ceiling.


34 posted on 07/31/2011 5:18:49 PM PDT by silentknight
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To: mdittmar

http://www.ft.com/intl/cms/s/0/d3798b9c-bb7e-11e0-a7c8-00144feabdc0.html#axzz1TjNdg4WR


35 posted on 07/31/2011 5:24:21 PM PDT by anniegetyourgun
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To: silentknight

Yeah, but this is cutting into Ramadan time. He needs to go into hiding for a while.


36 posted on 07/31/2011 5:25:00 PM PDT by I_be_tc
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To: newzjunkey

Ground gained?

If Obammie and his Commies raise the debt limit enough, they will likely be able to pump the economy enough to coast through the 2012 elections.

If he wins again, we have gained nothing but will in fact, lose the entire effing nation.

This is one of the few times that the left has backed themselves into an economic corner where we have the ability to bankrupt THEM and their spend-to-buy-votes electoral strategy...if we stick to our guns.

WE HAVE TO STOP THIS SPENDING BS NOW.


37 posted on 07/31/2011 5:30:53 PM PDT by Ghost of Philip Marlowe (Prepare for survival.)
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To: Ernest_at_the_Beach; AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; ...

Now there’s some leadership qualities for ya. ;’) Thanks mdittmar.

additional:

http://www.freerepublic.com/focus/news/2756721/posts


38 posted on 07/31/2011 5:41:21 PM PDT by SunkenCiv (Yes, as a matter of fact, it is that time again -- https://secure.freerepublic.com/donate/)
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To: mdittmar
Commander Harry Reid gives the order,

"All women come to the front...OK, Ladies, you lead and I'll be right behind you...Oh, wait, let's get the children up front, too."

39 posted on 07/31/2011 5:41:59 PM PDT by JPG (Yes she can!)
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To: silentknight

With 27 million Americans out of work, he’s getting ready to throw a birthday-party extravaganza, followed by a month at Martha’s Vineyard chomping on lobster tails.

Yeah, he’s a real man of the people, alright.

/sarc


40 posted on 07/31/2011 5:43:32 PM PDT by Deo volente (God willing, America will survive this Obamination.)
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To: Deo volente

8:32pm | Reid on the floor says leaders have reached a ‘historic bipartisan compromise’.

Reid: Neither party, neither chamber can do this alone.
8:28pm | President Obama will make a statement in the WH briefing Room at approx. 8:40 PM eastern.

Read more: http://www.businessinsider.com/live-coverage-debt-ceiling-sunday-negotiations-2011-7#ixzz1TjUzwTkq


41 posted on 07/31/2011 5:50:05 PM PDT by silentknight
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To: romanesq
We think alike. Many believe because the Tea Party was influential in the last election, it gives their agenda a green light, bar none.

I would love that to be the case.

But, we have to be realistic here. If this gets pushed too far, it could damage the Tea Party's influence and momentum.

42 posted on 07/31/2011 5:54:49 PM PDT by Stars&StripesNE
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To: mdittmar

It is crap and trickery. It is like dropping a penny in the kitty once a year to pay off the mortgage. REJECT IT!


43 posted on 07/31/2011 6:01:46 PM PDT by Bobby_Taxpayer (Don't tread on us...or you'll pay the price in the next election.)
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To: TheBattman
"It is terrible to contemplate how few politicians of all parties are hanged. " — G.K. Chesterton.

My contribution in italics. Those Republican and Democrat presidents were throwing away money back when a dollar was really worth something. Obama is just quantitatively different.

44 posted on 07/31/2011 7:14:51 PM PDT by Chaguito
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To: mdittmar
Must watch this video, and send it around:

Brother can you spare a Trillion?

45 posted on 07/31/2011 9:52:49 PM PDT by editor-surveyor (Going 'EGYPT' - 2012!)
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To: newzjunkey

Pelosi, true to form wants to block cuts to any social programs. Smells of Rats.


46 posted on 08/01/2011 12:25:20 AM PDT by Always Independent
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