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Revealed: The House GOPís Debt-Ceiling Plan
National Review ^ | 09/26/2013 | Jonathan Strong

Posted on 09/26/2013 7:27:58 AM PDT by SeekAndFind

Below is an outline of the GOP’s debt-ceiling bill obtained by National Review Online. The document originated from the House Appropriations Committee staff and is dated yesterday. A GOP-leadership aide says there are some differences between this and their latest summary, so take that for what it’s worth. As always with the House Republicans, it is subject to discussion from members, many of whom are quite vocal in providing their input on such plans.

House leadership is planning to pass the bill as early as Saturday. The bill itself is expected to be released imminently. The outline is not a huge surprise — most of the provisions have been floated or leaked, but it’s interesting to see the breadth of the demands laid out on paper.

Voting to increase the debt ceiling is always a brutal vote for lawmakers, because it’s very unpopular with their constituents back home. House conservatives also worry about undermining the Senate process and particularly Senator Ted Cruz’s fight in that chamber. For example, there have been efforts to keep the House’s plans under the radar until after the final cloture vote in order not to hinder Cruz’s push for the GOP to filibuster.

  • One Year Debt Limit Increase

    • Not a dollar amount increase, but suspending the debt limit until the end of December 2014.

      • Similar to what we did earlier this year.

    • Want the year long to align with the year delay of Obamacare.

  • One Year Obamacare delay

  • Tax Reform Instructions

    • Similar to a bill we passed last fall, laying out broad from Ryan Budget principles for what tax reform should look like.

    • Gives fast track authority for tax reform legislation

  • Energy and regulatory reforms to promote economic growth

    • Includes pretty much every jobs bill we have passed this year and last Congress

    • All of these policies have important positive economic effects.

    • Energy provisions

      • Keystone Pipeline

      • Coal Ash regulations

      • Offshore drilling

      • Energy production on federal lands

      • EPA Carbon regulations

    • Regulatory reform

      • REINS Act

      • Regulatory process reform

      • Consent decree reform

      • Blocking Net Neutrality

  • Mandatory Spending Reforms

    • Mostly from the sequester replacement bills we passed last year

    • Federal Employee retirement reform

    • Ending the Dodd Frank bailout fund

    • Transitioning CFPB funding to Appropriations

    • Child Tax Credit Reform to prevent fraud

    • Repealing the Social Services Block grant

  • Health Spending Reforms

    • Means testing Medicare

    • Repealing a Medicaid Provider tax gimmick

    • Tort reform

    • Altering Disproportion Share Hospitals

    • Repealing the Public Health trust Fund



TOPICS: Business/Economy; Culture/Society; Front Page News; Government
KEYWORDS: bankrupt; broke; congress; debt; debtceiling; spending
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1 posted on 09/26/2013 7:27:58 AM PDT by SeekAndFind
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To: SeekAndFind

Not a bad plan.


2 posted on 09/26/2013 7:29:48 AM PDT by sickoflibs (To GOP : Any path to US Citizenship IS putting them ahead in line. Stop lying about your position.)
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To: SeekAndFind
there have been efforts to keep the House’s plans under the radar until after the final cloture vote in order not to hinder Cruz’s push for the GOP to filibuster.

Epic Fail.

3 posted on 09/26/2013 7:30:14 AM PDT by gov_bean_ counter (Romans 1:22 Professing themselves to be wise, they became fools)
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To: SeekAndFind

4 posted on 09/26/2013 7:30:24 AM PDT by Timber Rattler (Just say NO! to RINOS and the GOP-E)
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To: sickoflibs

Suspending the debt limit until the end of December 2014 is not a bad plan?


5 posted on 09/26/2013 7:32:08 AM PDT by jimbo123
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To: SeekAndFind
Why would a GOP plan include delaying Obamacare until AFTER the 2014 elections?

What a HORRIBLE idea. If we can't defund it and kill it...then it is VITAL the sheeple feel the full impact

The only way Obamacare EVER gets repealed is if the people rise up and vote out those responsible. BOTH PARTIES. Delaying it ensure this won't happen. This is asinine.

6 posted on 09/26/2013 7:34:48 AM PDT by NELSON111
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To: jimbo123

Yes, when you couple it with the other things. Particularly the one year delay in Obamacare. It means that Treasury will have to report the actual debt, not pretend that it hasn’t increased over the past five months as they did this time.


7 posted on 09/26/2013 7:36:58 AM PDT by SubMareener (Save us from Quarterly Freepathons! Become a MONTHLY DONOR!)
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To: NELSON111

Do they just laugh at us because we are not paying them donor fees and other such incentives?

Are they actually a Uniparty and they don’t want to be the majority or don’t care?


8 posted on 09/26/2013 7:38:04 AM PDT by stanne
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To: SeekAndFind

Sounds great right up until the moment Tammy Faye folds and then comes out crying into his hankie that Obama won’t go for it.


9 posted on 09/26/2013 7:39:28 AM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped.)
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To: NELSON111

Because once it is actually started, the funding for Obamacare “Education” and “Navigation” becomes the DemocRAT ground game for the 2014 election. Delaying it a year levels the playing field. There will still be horror stories because it is a delay and not a repeal.


10 posted on 09/26/2013 7:39:53 AM PDT by SubMareener (Save us from Quarterly Freepathons! Become a MONTHLY DONOR!)
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To: SeekAndFind
DOA. What are these people thinking? Its all about Healthcare; at least delay it a year. No cap on debt limit? You kidding? You really think they'll agree to Keystone, coal legislation, etc.

KISS - 1 year delay - all obamacare (individual mandate AND exchanges), Remove Federal Employee exemptions to Obamacare, and Cap debt limit - maybe 250 to 500B, and send it to the Senate.

11 posted on 09/26/2013 7:40:34 AM PDT by dan on the right
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To: SubMareener
Sorry...but I disagree with that. It's giving WAY to much credit to the average American. The only thing they will understand is their pocket-books. If the GOP can't make the point of the disaster...and overcome the few incentives in Obamacare...then they don't deserve to be in charge.

ANY plan proposed by the current GOP leadership is probably a bad plan and does not have the best interest of conservatism at its heart.

12 posted on 09/26/2013 7:43:52 AM PDT by NELSON111
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To: SeekAndFind

Waste of paper and time. In the end, they’ll fall all over each other to grovel at Elmer Fudd’s feet. Spineless cowards, one and all. And we voted them in.


13 posted on 09/26/2013 7:44:11 AM PDT by NTHockey (Rules of engagement #1: Take no prisoners. And to the NSA trolls, FU)
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To: NELSON111
Why would a GOP plan include delaying Obamacare until AFTER the 2014 elections?

Delaying it, unlike the defunding option currently underway, would actually be the better near-term approach to stopping it. Delaying it includes everything, even those parts not covered by the CR - the most critical of which is the subsidies which start on Jan. 1. Once you start giving people money, you'll never be able to stop it.

The biggest near-term economic impact of Obamacare is the uncertainty cloud hanging over employers' and health care proessionals' heads. A delay doesn't alleviate that - if anything, it unfortunately enhances that.

Delay is actually not a bad plan in this case. The GOP doesn't have enough power to completely repeal it until at least 2017 (hopefully, though I suppose a miraculous 2014 showing could let them hold the entire government hostage until Obama yields), so any effort to slow it down - especially the subsidies - is a good idea.

14 posted on 09/26/2013 7:44:45 AM PDT by kevkrom (It's not "immigration reform", it's an "amnesty bill". Take back the language!)
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To: kevkrom
Then we have a difference in "tactics." The only way to fully repeal this will be when the full weight of it comes to bear on the economy and the people who voted for it. There is enough media interference being run and that will be run...to fly CAP for this. If you can't stop it now...it's best to rip the bandage off and reveal the full festering sore it is.

Sometimes people need to be taught a hard lesson...and not protected from the consequences of their actions. We'll agree to disagree on this on.

15 posted on 09/26/2013 7:50:11 AM PDT by NELSON111
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To: SeekAndFind

I take note of the fact that Boehner and Company have no intention of defunding the abortion industry.

As things stand, the House Republicans, and their Democrat allies on this in the House, the Senate, and the White House, are the biggest funders of child-murder in America.


16 posted on 09/26/2013 7:50:13 AM PDT by EternalVigilance (The GOP establishment is like a dodo bird: Not too bright and on its way to extinction.)
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To: jimbo123
RE :”Suspending the debt limit until the end of December 2014 is not a bad plan?”

Well if Cruz can come through and get Obama-care defunded while offering nothing to Dems in return then obviously GOP house would come up with a better deal, we dont need Obama-care delayed a year.

However the general sense of pessimism by even those here calling Senators demanding they vote NO suggests that a plan B might be needed.

17 posted on 09/26/2013 7:53:48 AM PDT by sickoflibs (To GOP : Any path to US Citizenship IS putting them ahead in line. Stop lying about your position.)
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To: jimbo123

Suspending the debt limit until the end of December 2014 is not a bad plan?
*********
Not increasing the debt, but suspending it so it can increase! That’s like saying I won’t spend anymore money on my credit card but will keep charging for another year. The government has gone stark raving mad. The inmates are running the asylum.

BTW the debt clock now stands at $16.953 trillion. And that’s just the nominal debt exclusive of unfunded liabilities. As a taxpayer, your share of those liabilities is $1.1 million. But who’s counting?


18 posted on 09/26/2013 7:54:01 AM PDT by Starboard
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To: sickoflibs

Proven Federal Fact: The only way to balance the US Federal Spending and Income within the next two years is to execute this two step process:

1.) DEFUND Obamacare in 2013; and

2.) ABOLISH Obamacare, Democratcare, and Republicancare in the first month of 2014.

______________________

BTW US Congress men and women, failure to do BOTH of these timely steps will insure that your replacements will gladly do it for you.

It is all about the money, stupid - - - OUR taxpayer money!

Tick-tock, tick-tock, tick-tock, tick ———


19 posted on 09/26/2013 7:57:14 AM PDT by Graewoulf (Traitor John Roberts' Commune-Style Obama'care' violates U.S. Constitution AND Anti-Trust Law.)
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To: NELSON111

...the average American. The only thing they will understand is their pocket-books.
**********
You may be overstating the intelligence of the average American. Most can’t balance a checkbook, lay off the credit cards, or even save enough for retirement. Financial literacy is not common in this society. There are, however, many experts in the field of planning for a lifetime of government dependency.


20 posted on 09/26/2013 8:00:26 AM PDT by Starboard
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