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 ...
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.
Reid, a paragon of leadership and courage shouted: “Me too, you first!”
Wow, what principles!
Reid: "Leadership? We're all out of it over here!"
Just like Barry, Reid is leading from behind.
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.
This leading from behind stuff is catching on with the ‘rats.
The RATS internal polling data must be really bad. America doesn’t want their euro-socialism.
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.
Man I sure hope Obama misses his $35,000 a plate birthday party!
A moment worth celebrating.
Now thats what I call leadership.
Senate Democratic leader Harry Reid will support the tentative debt-ceiling deal as long as other Democrats back it as well
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.
Yeah, but this is cutting into Ramadan time. He needs to go into hiding for a while.
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.
Now there’s some leadership qualities for ya. ;’) Thanks mdittmar.
additional:
http://www.freerepublic.com/focus/news/2756721/posts
"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."
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
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