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Graham, DeMint to oppose debt deal
The Hill ^ | 8/1/11 | Alexander Bolton

Posted on 08/01/2011 9:59:35 AM PDT by americanophile

South Carolina Sen. Lindsey Graham (R) announced Monday he will oppose a deal to raise the debt limit by between $2.1 trillion and $2.4 trillion, putting pressure on House Republicans.

Graham’s opposition is significant because it will make it difficult for any of the five Republicans in South Carolina’s House delegation to support the deal.

“I cannot in good conscience support this deal. Simply stated, it locks us into more debt, bigger government and most devastating of all, a weakened defense infrastructure at a time when we face growing threats,” Graham said in a statement released Monday morning.

“This agreement adds over $7 trillion in new debt over the next decade and only makes small reductions in future spending. We hardly address the future growth of entitlements, a major contributor of future budgetary problems. Instead of our nation running toward bankruptcy we will be walking toward bankruptcy,” he added.

Sen. Jim DeMint (R), South Carolina’s other senator, also opposes the deal.

“I’m not going to tell Americans that we’re doing everything when we’re not,” he said. “We’re planning on adding another $10 trillion in debt.

“From the way it’s been explained to me there’s not much to like,” he added.

DeMint said he will not allow a Senate vote until he and his staff have had a chance to thoroughly review the legislation.

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


TOPICS: Front Page News; Government; Politics/Elections
KEYWORDS: debtincrease; demint; graham

1 posted on 08/01/2011 9:59:38 AM PDT by americanophile
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To: americanophile

The GOP totally caved. You can tell when Graham has the biggest balls in the room (DeMint excepted of course).


2 posted on 08/01/2011 10:02:12 AM PDT by MattinNJ (Perry/Palin vs. Obama/Biden.)
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To: americanophile

Political cover...they know it’s a done deal.

and I like DeMint a lot...a whole lot.


3 posted on 08/01/2011 10:03:29 AM PDT by wardaddy (Palin or Bachman..either with Marco....I'm often on a .hence my spelling..sorry)
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To: americanophile

Any Republican House member that votes for this catastrophe which even Lindsey Graham recognizes needs to be primaried and removed from office.

They are giving Obama trillions in new spending, cutting the rate of increase in spending only $24 billion next year, setting up HUGE tax increase or cuts to defense next year.

I can’t imagine a more dishonest “deal”.


4 posted on 08/01/2011 10:03:51 AM PDT by LowTaxesEqualsProsperity
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To: americanophile

The GOP folded in the Senate.The House may be an entirely different matter.

Bring on the default! Lets have it.


5 posted on 08/01/2011 10:04:13 AM PDT by Candor7 (Obama fascist info..http://www.americanthinker.com/2009/05/barack_obama_the_quintessentia_1.html)
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To: wardaddy

Agreed.


6 posted on 08/01/2011 10:05:06 AM PDT by americanophile ("this absurd theology of an immoral Bedouin, is a rotting corpse which poisons our lives" - Ataturk)
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To: MattinNJ

Miss Lindsey knows he will be primaried out of the Boyz Klub. Too little, too late.


7 posted on 08/01/2011 10:05:18 AM PDT by SC_Pete
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To: Candor7

Everyone should contact their members of Congress immediately!!!!!!!!!!!!!!!!!!!!!


8 posted on 08/01/2011 10:05:49 AM PDT by SumProVita (Cogito, ergo...Sum Pro Vita. (Modified Decartes))
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To: americanophile

Total political cover for the closeted one.


9 posted on 08/01/2011 10:05:52 AM PDT by maggief
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To: americanophile

Well I&ll be damned...even a BROKEN CLOCK IS CORRECT twice a day!!


10 posted on 08/01/2011 10:07:02 AM PDT by AmericanInTokyo (If Obama is reelected some how, in your heart of hearts, then, WHAT does that say about "America"?)
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The GOP has just endorsed Obamacare and high-speed rail.


11 posted on 08/01/2011 10:07:26 AM PDT by Gene Eric (May our dreams converge for a free and prosperous nation.)
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To: americanophile

Since when did Graham become a conservative? LOL


12 posted on 08/01/2011 10:07:28 AM PDT by freeangel ( (free speech is only good until someone else doesn't like it)
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To: Candor7
After all the so called “ Great Speeches “ last year during the 2010 election campaign about how they were going to go to Washington and “ Work for, THE PEOPLE “ and get spending under control and repeal Obamacare, please tell us why we voted for these losers ? ..... it was all a lie...
13 posted on 08/01/2011 10:07:29 AM PDT by American Constitutionalist (The fool has said in his heart, " there is no GOD " ..)
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To: americanophile

They counted the votes and Grammesty gets a token pass on this one. RATS win without needing Lindsey’s vote.


14 posted on 08/01/2011 10:08:05 AM PDT by rod1
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To: americanophile

Marco Rubio also said he is a “no.”


15 posted on 08/01/2011 10:10:23 AM PDT by truthkeeper (Vote Against Barack Obama in 2012!)
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To: Candor7

There doesn’t have to be a default. They will just have to cut spending to meet revenues.

There are plenty of places where deep cuts can be made without hurting anyone, except useless federal workers, of course.


16 posted on 08/01/2011 10:13:41 AM PDT by Deo volente (God willing, America will survive this Obamination.)
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To: Gene Eric

What are you talking about ?


17 posted on 08/01/2011 10:13:41 AM PDT by UB355 (Slower traffic keep right)
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To: Gene Eric

What?


18 posted on 08/01/2011 10:15:54 AM PDT by DWC (historian)
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To: americanophile
Not surprised Demint would vote against it, but Graham?!? He's usually right on board with his RINO buddies, Snowe, Collins and Brown. If they lose Graham they might have a hard time getting the 60 to defeat Mike Lee's and Rand Paul's promised filibuster, especially if the dems lose a handful of Senators like Bernie Sanders on the far left.
19 posted on 08/01/2011 10:19:24 AM PDT by apillar
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To: All

Just a quick reminder:

- The House passed a repeal of Obamacare

- The House passed CCB

The House needs more reinforcements, in both electable branches


20 posted on 08/01/2011 10:25:43 AM PDT by DrymChaser (It's amateur hour at the White House, unfortunately it means Curtains for America.)
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To: americanophile

GRAHAM?!?

With Romney opposed too, I think this is a head fake.


21 posted on 08/01/2011 10:26:01 AM PDT by Psalm 144 (Voodoo Republicans: Don't read their lips - watch their hands.)
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To: americanophile

Graham hates it, the NYT hates it, DU hates it. Pattern here?


22 posted on 08/01/2011 10:26:07 AM PDT by Raycpa
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To: americanophile
"South Carolina Sen. Lindsey Graham (R) announced Monday he will oppose a deal to raise the debt limit by between $2.1 trillion and $2.4 trillion, putting pressure on House Republicans."

Lindsey?!
What happened?

Did he swing open the lid, and climb out of his coffin?

23 posted on 08/01/2011 10:33:00 AM PDT by YHAOS (you betcha!)
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To: americanophile

Graham is following the McCain playbook here. Sound real conservative the year before you are up for election and then go back to normal after the election. Give another speech on the necessity of Cap and Trade, Lindsey.


24 posted on 08/01/2011 10:41:17 AM PDT by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: SumProVita
Sum, I was so pissed off last night when the news broke that I grabbed the phone and called my Rep and my two Senators. (Akin, Blunt and McCaskill, respectively.) Akin's VM was full, but I left rather heated opinions of what I thought of the whole thing at Blunt's and McCaskill's.
25 posted on 08/01/2011 10:47:07 AM PDT by misharu (FB: I Stand with Sarah Palin)
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To: americanophile
most devastating of all, a weakened defense infrastructure

Mitch McConnell should be tried for treason.

26 posted on 08/01/2011 10:55:13 AM PDT by McGruff (Hold The Line!)
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To: americanophile
Graham’s opposition is significant because it will make it difficult for any of the five Republicans in South Carolina’s House delegation to support the deal.

Leaving aside that they will not support it anyway, why would the SC Republican House delegation care what McCain's fluffer does on this or any other issue? You mean to tell us that Joe Wilson yells out, "You lie!" during Obama's healthcare speech, but then worries about not voting in sync with Grahamnesty? Not bloody likely.

27 posted on 08/01/2011 10:56:52 AM PDT by Dahoser (Separation of church and state? No, we need separation of media and state.)
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To: americanophile

Oh that’s sweet! He’ll do the right thing this time and fall all over his soft loafers to make up for it and screw us somewhere down the road.


28 posted on 08/01/2011 11:11:19 AM PDT by Dawgreg (Happiness is not having what you want, but wanting what you have.)
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To: Candor7
The GOP folded in the Senate.

If only that were true, the fact is they were complicit in this whole process, there was not one committee hearing, which in it self should have caused an outrage among the members but it didn't.

We will now be told to eat our peas and like it, which is what we will do.

However Rush just said Cantor said Dingy Harry lied, so maybe.............

29 posted on 08/01/2011 11:25:08 AM PDT by itsahoot (--I will vote for Sarah Palin, even if I have to write her in. --He that hath an ear, let him hear.)
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To: truthkeeper

Marco Rubio is turning out to be a shining star.


30 posted on 08/01/2011 11:31:26 AM PDT by jersey117
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To: Candor7

“Bring on the default! Lets have it.”

Groan, not again. It’s not a default, it’s simply an inability to borrow. It forces the government to spend only what it brings in in tax receipts each month. Not paying interest on the national debt is “default” and that’s something which even Obama said won’t happen, the interest will be paid.

It’s the liberals and MSM which are saying “default on our [spending] obligations”. That’s what they call the entitlement programs nowadays, obligations. Hence not passing all that cash around is referred to as “default on our obligations”.


31 posted on 08/01/2011 11:33:14 AM PDT by Justa
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To: Opinionated Blowhard

Not until 2014.


32 posted on 08/01/2011 11:35:18 AM PDT by Resettozero
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To: Justa

>>Groan, not again. It’s not a default, it’s simply an inability to borrow. It forces the government to spend only what it brings in in tax receipts each month. Not paying interest on the national debt is “default” and that’s something which even Obama said won’t happen, the interest will be paid.<<

Exactly.

However, one way to spend an additional $100 billion or so per month would be to access the non-public debt holdings of the Medicare and Social Security Trust Funds to pay those expenses. This would free up all taxes being collected on those programs to be used to pay other federal expenses.

I like that option because it would cut the August deficit to something like $40 billion (instead of $140 bn) and it might actually be possible to carve $40 billion from August spending without doing much harm.

The House should look at this option, project it forward to November 2012, and decide whether it’s feasible to cut $600 billion (15 months of $40 bn cuts) out of the federal budget from now until election day.

Then pass a bill requiring the use of the Trust Funds to pay SS/Medicare expenses, so that the Administration is forced to use that approach. If, part way through the process, say 4-5 months in, it clearly becomes too much for the economy to bear, just pass a much lower increase in the debt ceiling, say $200 bn, so that spending isn’t cut the entire $600 bn over that time, but only $400 instead.

This approach would generate significant, immediate, cuts in federal spending, cuts far in excess of what’s being considered now over this time frame.


33 posted on 08/01/2011 12:10:38 PM PDT by Norseman (Term Limits: 8 years is enough!)
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To: UB355
He's probably referring to the fact that the bill agrees to fund Obamacare and counts the taxes in it as existing revenue. This is the first I've heard about it agreeing to fund high-speed rail though. That doesn't seem to make sense, since there are some real cuts in it and that seems like one the first things that would go. Perhaps they left some token funds in for High-Speed Rail so that Obama could save face? I really, really hate high-speed rail. It's not that big a cost drain, it's just a personal pet peeve of mine. You always hear how the Chinese are ahead of us because of it. No they had that before, now they want cars, like us (in other words they were and are behind us).
34 posted on 08/01/2011 12:38:12 PM PDT by trickamsterdam (District: Red-light...)
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To: Norseman

Nice recommendations however I prefer the partial or complete shutdown of many agencies and just running on available revenue ...for a while. Viola, balanced budget. I would include the judicial branch as a partial shutdown candidate otherwise they’ll be processing the lawsuits of the other agency employees and unions to retain funding.

That’s a big issue. We see plenty of cases of states not being able to shutdown funding for programs because of legal judgments against cutting them. The fiscal perfidy is on auto-pilot.


35 posted on 08/01/2011 1:02:13 PM PDT by Justa
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To: Justa
We see plenty of cases of states not being able to shutdown funding for programs because of legal judgments against cutting them. The fiscal perfidy is on auto-pilot.

Out of over a hundred Atlanta Public School teachers who were enmeshed in the CRCT Test cheating scandal and given a deadline to resign, only 7 chose to do so.

The others have chosen to fight their firing, which means that they get paid while their cases are decided by a panel of, well, some people, probably fellow education union members.

But never fear, there are already replacement teachers (ostensibly ones that weren't good enough to get the job in the first place) ready to fill in.

In effect, they/we will be paying two public school teachers to do the work of one.

Public employees, particularly in education, seem much like herpes.

36 posted on 08/01/2011 1:14:18 PM PDT by Trailerpark Badass
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To: apillar

Graham is facing a possible primary challenger. He is pretending to be conservative until after he is re-elected. Ditto for Hatch of Utah. It’s a con.


37 posted on 08/01/2011 1:30:12 PM PDT by Pining_4_TX ( The state is the great fiction by which everybody seeks to live at the expense of everybody else. ~)
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To: Opinionated Blowhard
Graham is following the McCain playbook here. Sound real conservative the year before you are up for election and then go back to normal after the election.

Uh, Linda isn't up for election 'till 2014, unfortunately.

38 posted on 08/01/2011 2:16:54 PM PDT by upchuck (ANY plan that spreads cuts over 10 years is a canard. Cut NOW, not in ten years. 1% plan is a winner)
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To: Justa

You don’t think $40 billion a month would get at least partial shutdowns of some agencies? Frankly, I don’t think you have any idea just how big $40 billion a month really is. And expecting to cut $140 bn a month and have any chance of Republicans remaining in power after the short-term carnage that would cause is a pipe dream.

I guarantee you that you won’t see anything come out of all this that cuts as much as I’ve proposed here. And you darned sure aren’t going to see $140 billion a month cut. I’m not saying we shouldn’t attempt to go back to those levels over time, but doing it in one budget year is, frankly, crazy budgeting.


39 posted on 08/01/2011 4:34:37 PM PDT by Norseman (Term Limits: 8 years is enough!)
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To: apillar
Not surprised Demint would vote against it, but Graham?!? He's usually right on board with his RINO buddies, Snowe, Collins and Brown. If they lose Graham they might have a hard time getting the 60 to defeat Mike Lee's and Rand Paul's promised filibuster, especially if the dems lose a handful of Senators like Bernie Sanders on the far left.

I doubt it, more likely then not, people like Graham will vote against the filibuster, before voting against the bill itself, which makes it all B.S.

This is what Ben Nelson does, he votes for closure, then votes against certain bills when he knows they have the votes to pass, and calls himself a conservative democrat (and amazingly, alot of freepers here actually like him).

40 posted on 08/01/2011 11:40:16 PM PDT by Sonny M ("oderint dum metuant")
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To: Norseman

What are you talking about? You’re content with funding the lunacy? I said SHUT IT DOWN. That’s all they’re bickering about, whether there will be a govt shutdown if they can’t keep borrowing money.

Without borrowing they’ll have to shut down many agencies and operate on receipts. You know what that is called? It’s called “a balanced budget”. It’s not an impossibility. In case you haven’t noticed over the last 5 years (since D took over congress) Democrats’ Keynesian economic policies have FAILED. And now there’s all that additional debt to pay off with a crippled economy. Stop The Spending!


41 posted on 08/02/2011 4:11:09 AM PDT by Justa
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