Skip to comments.Boehner Rewriting Deficit Bill After CBO Score
Posted on 07/26/2011 4:39:45 PM PDT by kristinn
The Congressional Budget Office delivered the bad news to Speaker John Boehner (R-Ohio) on Tuesday evening that his deficit reduction proposal cuts just $1 billion from the deficit next year, sending staffers scrambling to rewrite the legislation.
Boehner spokesman Michael Steel said House Republicans are reworking the bill to make sure spending cuts exceed any increase in the debt limit.
Were here to change Washington: no more smoke and mirrors, no more phantom cuts, Steel said. We promised that we will cut spending more than we increase the debt limit, with no tax hikes, and we will keep that promise.
As we speak, Congressional staff are looking at options to rewrite the legislation to meet our pledge. This is what can happen when you have an actual plan and submit it for independent review, which the Democrats who run Washington have refused to do.
The CBO score appeared to add to Boehners troubles as he struggles to corral the House Republican Conference to back his bill on the floor Wednesday.
(Excerpt) Read more at rollcall.com ...
This is because no one really wants to cut anything noticeable.
$1 Billion? Sigh. We’re doomed.
You beat me. Same info, different story:
Warren Buffett in a recent TV interview:
“I could end the deficit in 5 minutes,” he told CNBC. “You just pass a
law that says that anytime there is a deficit of more than 3% of GDP,
all sitting members of Congress are ineligible for re-election.”
“If ever a time should come, when vain and aspiring men shall possess
the highest seats in Government, our country will stand in need of its
experienced patriots to prevent its ruin.”
So Boehner is on Limbaugh & Hannity today telling everyone his plan save over a trillion in 10 years and guess what..it doesn’t. Thank G-d for the Freshmen Tea Party House Republicans. If anything this should embolden them to stand their ground.
Anybody got a light?
I know smoking reflects poorly on my character however I need a smoke.
In short...they havent a clue what they are doing.
What're you smoking?
You can tell they are doing a superb job for they are the ones getting the brunt of the heat from those on the left!
Yes, Kudos to the freshman!!!!
This s** is getting old!!!
Same stories! Over and over and over and over!
just $17 billion in deficit reduction in the first two years combined.
pass... Boehner needs to go
Boehners bill promises much deeper cuts in the future..
His plan doesnt really cut spending. It increases spending. All it does is cut the future projected spending. Boehner even admitted this on Hannity today.
“Boehner spokesman Michael Steel said”
Maybe I’ve cut out too much TV, but Boehner employs the former RNC Chairman as his “spokesman”?
While the Speaker re-writes his bill, the Tea Party members are writing History...
We need the ‘Tea Party’ members to stand together for a press conference with National exposure.
Including the American public - which is the real source of all our problems.
Republicans are pulled in 2 ways. The base that expects them to be the conservatives they claimed to be, and the realization that the majority of the country is not yet ready for serious cuts and will eat them alive if they actually fulfill their campaign pledges.
The real problem is the American public - not the politicians they elect. We are getting precisely what we deserve as a nation.
No. Oddly enough it’s a different Michael Steele.
$1 billion would hardly cover the travel perks for
our “esteemed” Congressmen and Senators.
"I could end the deficit in 5 minutes," he told CNBC. "You just pass a law that says that anytime there is a deficit of more than 3% of GDP, all sitting members of Congress are ineligible for re-election." --And the Supreme Court of the US would find such a law to be unconstitutional.
The federal government is totally out of control, corrupt, and as far as I can tell, not serious about following the constitution.
Thanks for posting this, kristinn. I know you’ve taken some grief from some whiners on FR lately. I appreciate your work.
And while I am at it, kudos to John Boehner, too. His proposals aren’t perfect, but they’re put down on PAPER and real, unlike Hussein’s speechifying, and Hairy Reed’s mealy mouthed half assed approach.
So let him re-do the bill—it shows he is willing to take critical analysis and work the numbers right. He made a mistake last go-round, hopefully he learned from the situation and is working to make it better this time.
I do think he ought to incorporate someone in the Tea Party with his leadership team...get their input into a bill. The House can pass two or three strong bills, and send them to the Senate.
Let Reid deal with any or all of them...then Boehner can again say to the American people that the House gave the Demonrats several choices.
We either get a bill with true cuts that hit hard or we are doomed after CWII!
This is the final stand me thinks.
At this point, the only way to put a leash on the deficit is to take a chainsaw to the budget.
Eliminate entire departments.
Eliminate Dept of Education, HUD, Labor.
Massive layoffs of hundreds of thousands of government employees.
No currently elected official has the balls to do that.
different Steel. The former chair has an e at the end of his name: Steele.
A lot of truth to this.
We don't yet have the numbers to dictate the terms of the debate.
I'm encouraged to see us fighting as hard as we have been to this point. I hope we maintain the courage to keep pushing the fight all the way to the end.
At the end of the day, there may be a heavy price for us to pay though.
More than a grain of truth to that. Our elected politicians have a big chunk of blame too, for buying votes with promises that are destined to fail. I see no tidy way out of the mess, for the country. The founders' vision was toast a couple generations ago.
Our founding fathers never meant for there to be a "politician" class in the first place. Rather citizens putting their private lives on hold for a short period of time to "serve" the Republic.
But here we are, stuck with "politicians" we put in office and the Fit is about to hit the Shan. Listen to the sheeple whine about 2 weeks from now!
If true, that's no better than Dingy in his bill saying the money saved by ending the wars in Iraq and Afghanistan constitute a "spending cut."
Whatta buncha BULLSH1T.
Can we please get serious about this. Damn tired of the smoke and mirrors and accounting gimmicks. Just do it!
I’d like to know what has happened to Congressman Ryan? You never hear or see him any more.
Yes thanks kristinn. And isn't it just one whiner?
I'll also say to Boehner - he is indeed putting it on paper and is revising. That's what should be happening. But, he should have known [maybe he did] that 6 billion in cuts wasn't even near.
He should have learned that we need a lot more than 6 billion this year. I think a similar plan with 150 billion in cuts THIS YEAR would fly. Get it passed and move to the budget and prep to win the House, Senate, and White House in 2012.
But if this is schlepped together and is worthless, we may lose all three.
Sorry Owen the post was meant for Longbow. My bad click.
Most of the cuts are backloaded in the second half of the 10-year budget window, the CBO report projects, with just $17 billion in deficit reduction in the first two years combined.You know what that means? It means the vast majority of the planned cuts will NEVER happen. Boehner cannot bind futire Congresses to his plan.
Boehners bill, however, also promises much deeper cuts in the future by pegging a future debt limit increase to enactment of a separate $1.8 trillion deficit reduction package by Congress.
Cuts need to be made NOW!
Backloaded = Bullsh!t.
The spokesperson is actually right.
Because they submitted the plan for independent review, they get a better final result. They’ll cut more.
There should be no increase in the debt ceiling/limit. The USA citizens do not need to increase interest payments to the world bankers and financial manipulators including Soros and his family of monopoly players. Read ‘ Brotherhood of Darkness’ to get a better perspective of what is going on and intended for the USA.
Boehner simply cannot be trusted. His favorite game is to turn a winning game into a losing one, by caving at the last minute.
Boehner is a flat-out liar.
Is Boehner bipolar or something? How in the heck do you go from CC&B to that?
Did Obama threaten to take away all his cigarettes or threaten to tell him a bunch of sad stories with no kleenex? Geez!
The best ones among them are fools and the crowd is sprinkled with vain idiots.
Which is why, despite what they say, the political animals on our team (which is most of them considering they learned the art well enough to get themselves elected) are looking for a way out.
Unfortunately, while the political class is wrong or willing to surrender on policy, they may be right on the politics. And it takes more than being right to get anything done. Many believe this is nothing more than a trap Hussein has set and they could very well be right.
The choice here is to stand firm on principle and further the process of re-branding ourselves as a party that actually stands for something almost revolutionary - and accept the PR lumps that will probably go along with it, or kick the can down the road, get whatever deal we can, be satisfied with limited success and hopefully be stronger still the next time around. As difficult as it is, I suspect the former is the better course of action. However if the public turns too far against us, the pressure to relent will become overwhelming and we may get less than Boehner is even pushing now.
If all the unemployment checks stop, if half the federal employees are laid off, and you know THEY won’t be able to find a job, how are all these people supposed to live?
Truthfully, there is no solution to the mess we’ve allowed the politicians to get us into. We started down hill when we made them celebrities starting with JFK.
How do you think CWII will start? And will it be organized or chaos?
I agree with your sentiment. Boehner is doing a credible job in a very difficult situation.
I am guessing he is tired of so many cans ending up in his front yard.
I'm just going to keep right on reminding people that "CCB" would have raised the debt ceiling by $2.4 TRILLION dollars.
I think you’re right. Get what we can, blame the dems for holding SS hostage, and ask for help winning the Senate and White House - and keeping the House.
If services like veteran benefits and social security see any cuts they will do more than whine. They will absolutely demand those services restored and do so by huge majorities. If that happens the Republicans will have public opinion so stacked against them that even some of the best conservatives will cave. This is the bind we are in. The sad fact is what passes for the American public right now does not actually want large cuts to entitlements, transfer payments or social programs. We can try to do the right thing an defy that public opinion, but there will be a massive price to pay. It is probably worth it to rebuild our brand, but it could guarantee Hussein's re-election.
The goal should be: cut spending 20% to 30% in 2012 and 2013 and fix all discretionary spending budgets at their 2011 levels. And forget the phantom savings from the out years. That is just a gimmick.
wow. Our leaders are simply pathetic
“This is because no one really wants to cut anything noticeable.”
Including people on this site (i.e., www.FreeRepublic.com)....where half of the oldies are DEMANDING their Social Security money, even if it drives the country bankrupt (which, of course, it will).
We all like to talk big about cutting the budget, as long as it’s not our gravy train. When people here start to understand the fact that THEY (collectively) elected people to IMMEDIATELY spend the money they paid into Social Security, then I will start believing all the hyperventilation here.
The Republicans in Congress are stuck, as their voters are DEMANDING that the country go broke by not increasing taxes and not touching entitlements. And yes, half of the old people understand this...but the other half lines right up with Bernie Sanders on entitlements...and, of course, so do all of the Democrats.
Given those numbers...what exactly are the Republicans in Congress expected to do...print money out of thin air? Yep, and that is exactly the only choice we’re giving them.