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BREAKING: Republicans to Vote on $2.4 Trillion in Cuts With Debt Ceiling Increase
Townhall ^ | 7/15/11 | Katie Pavlich

Posted on 07/15/2011 10:07:48 AM PDT by Nachum

The Wall Street Journal is reporting House Republicans will vote next week to cut $2.4 trillion over the next ten years while increasing the debt ceiling by a $2.4 trillion.

House Republicans said Friday that they planned to vote next week on a proposal to raise the debt ceiling by $2.4 trillion, with matching cuts and guidelines to control future government spending.

House Majority Leader Eric Cantor (R., Va.) said at a news conference Friday that the House next week would vote on a "cut, cap and balance" approach. The House plans to separately vote on a measure that would amend the U.S. Constitution to require the federal government to balance its budget.

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


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: cave; cuts; republicans; rino; trillion; vote
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To: Texas Songwriter

They can do any thing they damn well pleased unless stopped. In the past, there were those that would have stopped them. Since nothing happened when obamacare was forced down our throats,they decided to go for broke. Who will stop them? Not the people for danm sure. The ruling class has nothing but contempt for them.


121 posted on 07/15/2011 11:30:51 AM PDT by sport
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To: Nachum

Good - this is the Levin plan.


122 posted on 07/15/2011 11:30:59 AM PDT by GlockThe Vote (The Obama Adminstration: The flash mob who won’t leave.)
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To: Longbow1969
and mostly because they don't understand the issue. The very minute actual programs like food stamps, etc, are not funded the majority of Americans will HOWL in anger and demand the money be restored.

What happened to EVERYONE sacrificing? Why are the taxpayers the only ones who have to suffer? They're the only ones doing the right thing! Why should the parasitical democrat base get off with a free ride - again?
What are they willing to contribute to the cause? Absolutely nothing! They still get to keep their awesome food budgets, free housing, free money for shopping at the local mall, their education, their big screens, their cell phones and Internet access......the freebie list goes on and on.
They should be given only what they need (small shelters, canned food, and thrift store clothes), because they're enslaving another to get it. If they want more than that, they can GET A JOB!
On top of all this, they're never satisfied, and never grateful for what has been stolen for them. Instead, they demand their elected officials steal more.

123 posted on 07/15/2011 11:31:29 AM PDT by concerned about politics ("Get thee behind me, Liberal")
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To: fatez

BINGO. This is fine. Pass it and send it to Reid and Obama and let them stew in it.


124 posted on 07/15/2011 11:31:53 AM PDT by GlockThe Vote (The Obama Adminstration: The flash mob who won’t leave.)
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To: fatez

I agree. Raise the limit, name your own cuts and no tax increases. Send it to the Senate and let the Dems own the “default” for non-action.


125 posted on 07/15/2011 11:32:48 AM PDT by socal_parrot (I hate to say I told you so, but...)
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To: concerned about politics
Now I'm really getting curious.

I'm having a devil of a time trying to locate a comprehensive list of just what in Hades the federal gov't taxes in addition to gas and ciggies...

126 posted on 07/15/2011 11:35:33 AM PDT by mewzilla (Forget a third party. We need a second one.)
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To: Bobalu

LMHO! That’s one of the best I’ve seen in a while.


127 posted on 07/15/2011 11:36:55 AM PDT by Gondring (Paul Revere would have been flamed as a naysayer troll and told to go back to Boston.)
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To: Spirit of Liberty
And if we don’t have a GOP President and Senate majority-what then? Four more years of this?

Worse.

It didn’t do a bit of good for the Republican House to pass Ryan’s budget; it got shot down in the Senate. I don’t see anyone blaming the Senate for the mess we’re in now.

"Ryan's budget" was a budget guideline -- not "the budget".

The House passes a budget guideline every year; the Senate has no particular need for one -- since, by law, budgets originate in the House.

Putting the House's budget guideline up for a vote in the Senate was strictly a stunt -- Reid and everybody else knew it would be defeated by a Democrat majority. But the act was without meaning. The real test will come when the actual departmental budgets that are based on the Ryan guidelines are passed by the House and sent to the Senate.

And, like real spending cuts, implementation of Ryan's budget guideline is going to have to wait until there is a GOP Senate and Barack Obama is not President.

Right now, with control of only the Housel the GOP's job is limited to stopping what Obama and the Democrats have been doing.

We're not going to be able to start a turnaround until after the 2012 election.

128 posted on 07/15/2011 11:37:13 AM PDT by okie01 (THE MAINSTREAM MEDIA: Ignorance On Parade)
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To: Nachum

10 TRILLION in spending cuts....or NOTHING!!!


129 posted on 07/15/2011 11:39:39 AM PDT by Ann Archy (Abortion is the Human Sacrifice to the god of Convenience.)
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To: Sequoyah101
I think you took my comment a little personally, I was just jabbing you a little. To many posts say “fire them all” when we all know that will never happen. Unfortunately we are fighting an uphill battle, we have to fight the mass media to get out the message to those we need to win over.

We need to win the so-called moderates / independents in order to win the election next year. And make no mistake about this, next year matters more than what happens this year. If the Republicans win this budget battle, but are hung with extrememly bad PR for next years elections, it will be a Pyrrhic victory and Obama is reelected with the claimed mandate to unleash even more socialism.

I am not advocating abandoning principles, but my principles will never be enacted until we convince the mushy middle about what's really right for America. In a perfect world we don't need politics or politicians...

130 posted on 07/15/2011 11:41:11 AM PDT by fatez ("If you're going through Hell, keep going." Winston Churchill)
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To: Nachum

They do know we are in debt for 14 trillion? What stupid fools.


131 posted on 07/15/2011 11:41:58 AM PDT by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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To: Ann Archy

I agree.


132 posted on 07/15/2011 11:43:00 AM PDT by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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To: Mr. K

Does that mean another $13+ trillion of spending than if they cut it all at once (if we assume a linear glide slope...it could be worse)?


133 posted on 07/15/2011 11:44:53 AM PDT by Gondring (Paul Revere would have been flamed as a naysayer troll and told to go back to Boston.)
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To: mewzilla
I'm having a devil of a time trying to locate a comprehensive list of just what in Hades the federal gov't taxes in addition to gas and ciggies...

Gift tax, estate tax, alcohol, firearms, income (ss, medicare), 401K's.......
There's a tax on just about everything somewhere. Even if you avoid state taxes, that stops the state from creating little programs that grow into national programs. Romneycare, for example. That was state, but the Dems used it to justify Obomacare. Children's health programs originated in the states as well. The states plant the seed, and the feds take it from there.
(Almost every oppressive federal social law we have today came out of one state - California.)

134 posted on 07/15/2011 11:45:37 AM PDT by concerned about politics ("Get thee behind me, Liberal")
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To: Nachum
Little Dickey Morris said this would be the deal on Lars Larson Show on Wednesday.
135 posted on 07/15/2011 11:47:46 AM PDT by mad_as_he$$ (If you voted for Obama to prove you are not racist, vote against him to prove you are not an idiot.)
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To: freekitty
They do know we are in debt for 14 trillion? What stupid fools.

Obomas so called budget (which everyone, even democrats, rejected) had us up to 49 trillion in two years. He has no problem spending, because his base doesn't pay taxes. It doesn't cost him or his base one penny.

136 posted on 07/15/2011 11:50:39 AM PDT by concerned about politics ("Get thee behind me, Liberal")
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To: Nachum

None dare call it treason.


137 posted on 07/15/2011 11:51:13 AM PDT by dagogo redux (A whiff of primitive spirits in the air, harbingers of an impending descent into the feral.)
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To: concerned about politics
Well, here's some info....

Federal Excise Tax Rates, 1944-2008. Selected Years

The list: gas, ciggies and other tobacco products, highway tires, trucks (sale price), firearms, ammo, bows, fishing equipment, gas guzzler tax, local telephone service, long distance phone service, airfares.

Looks like income taxes are still a way bigger chunk, but every little bit helps :)

138 posted on 07/15/2011 11:54:56 AM PDT by mewzilla (Forget a third party. We need a second one.)
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To: Nachum

One of the vagaries of the two-party system.

Especially when the two parties are the Marxists and the Democrats.

Left the GOP long ago. They flat out suck.


139 posted on 07/15/2011 11:55:04 AM PDT by PBRSTREETGANG
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To: sport

What is your plan to throw off the shackles off tyranny?


140 posted on 07/15/2011 12:04:46 PM PDT by Texas Songwriter (Haw)
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