Meantime, the tax increases in Obamacare will continue on schedule. The 'Bush' tax cuts ($4Tril) are at risk. and, the baby boomers will be starting to collect on SS and medicare.
We got screwed!!!
And I was attacked for saying Boner was selling us out.
outrage!
Charlie Brown Boehner kicks and misses...nice try bonehead, take the bench weeper
I just don’t understand why the Republicans want to put their name on this monstrosity. Such cowards.
This is high treason.
Of course it’s the largest debt limit increase in U.S. history, it’s the largest debt in U.S. history.
ROFLOL!!!
How long will it take the 0bama regime to run up against this limit?
Take Back AMERICA!
FUBO GTFO 2012 !
It’s even worse than you thought! I received an e-mail from Gun Owners of America saying that this new “super congress” committee will have extensive, unchecked powers over far more than the budget and debt. GOA claims that this committee could push through drastic gun control measures, including ones blessed by the UN, and the rest of Congress would not be able to stop them.
This is NOT the government our founders gave us. This is monstrous and unconstitutional. GOA urges everyone to contact their senators and reps now.
ping
It’s being reported that Boehner needs Democrat votes to pass the bill.
Boehner’s a piece of work.
0bama’s WTF moment - Wringing the future.
Recall: as part of the War Supplement Bill, Congress "deemed" the Budget - completely discarding the Presidential Budget Proposal - and no official budget was passed by Congress for FY 2011; instead a series of "continuing resolutions" allowed Congress to continue spending without the guidelines of a budget.
http://cboblog.cbo.gov/?p=1249
The above link is a CBO blog link to the CBO Director's posting Federal Debt and the Risk of a Financial Crisis (posted 10 Jul 27 5:26 pm (filed under Budget Projections, Long-Term Budgetary Issues, Macroeconomic Analysis).
A large grain of sand in the eye is the huge increase in expenditure for the Department of Labor FY2010; and the Department of Education spent virtually double in 2010 what it did in the previous year. Obviously these budget increases have resulted in tangible benefits for everybody involved. Right?
Just for clarification: "entitlement" expenditures are spread out over several agencies, not just Health and Human Services. Agriculture Department administers "food stamps", HUD is all welfare.
I'm the terrorist to think: budget increases ... labor unions, teacher's unions ... just thinking ... (as terrorists are want to do). The current Democrap mantra would seem to be: "tax [only] the rich to make up the deficit". Facts get on one's eye every freakin' time you blow that crap around though.
The total worth of all American billionaires is $1.3 Trillion. We could take ALL their worth, not just high taxes, but outright take ALL their WORTH; and it wouldn't dent our national debt. It wouldn't even pay this year deficit! And if we did take their money to pay some of this year's deficit, what would we do next year?
Next year the bill comes due (and the story of the diners trying to figure out the bill comes to play after slaughtering their benefactor).
SOURCE: http://www.federalbudget.com/
The Republic CAN survive Obama. The Republic can NOT survive the idiots that deem him suitable to hold office.