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
Not a bad plan.
Epic Fail.
Suspending the debt limit until the end of December 2014 is not a bad plan?
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.
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.
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?
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.
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.
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.
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.
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.
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.
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.
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.
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.
Suspending the debt limit until the end of December 2014 is not a bad plan?
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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?
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.
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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 ———
...the average American. The only thing they will understand is their pocket-books.
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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.
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