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dtotire Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-11 01:17 PM
Original message
Boehner rewrites his bill, conservatives climb on
Boehner rewrites his bill, conservatives climb on

By CHARLES BABINGTON and DONNA CASSATA
Associated Press




WASHINGTON (AP) -- House Speaker John Boehner hastily rewrote his stalled debt-limit bill again Friday, and former conservative foes began climbing aboard. Senate Democratic leader Harry Reid signaled he's ready to push ahead with his own version, and President Barack Obama declared "we're almost out of time" in a wrenching political standoff that has heightened fears of a market-rattling government default.

"The power to solve this is in our hands on a day when we've been reminded how fragile the economy already is," the president said from the White House as many U.S. stocks fell in response to a sour report on economic growth and widespread uncertainty over the Washington debt stalemate. "This is one burden we can lift ourselves. We can end it with a simple vote."

A simple vote was hard to come by, just a few days before Tuesday's debt-limit deadline.

On Capitol Hill, Boehner revised his measure and made inroads with reluctant rank-and-file conservatives who have argued that the deficit cuts it contained were insufficient in exchange for a debt limit hike. The leadership pushed toward a late Friday vote.

Rep. David Dreier of California said the revised measure would still raise the nation's debt limit by $900 billion - essential to allow the government to keep paying its bills - and cut spending by $917 billion. But a later increase in borrowing authority wouldn't take effect unless Congress sent a constitutional balanced budget amendment to the states for ratification.


;more:
http://hosted.ap.org/dynamic/stories/U/US_DEBT_SHOWDOWN?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2011-07-29-13-47-34
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BlueCaliDem Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-11 01:26 PM
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1. Repackaged and resubmitted, but the same kill entitlement program shit.
They want to destroy these social programs, and they know they've overreached with Ryan's KillMedicare Bill.

Facing a hostile electorate, they go back to their think tank word smiths, repackage the very same (if not worse) items, slap on a new catchy name, and resubmit as if it's "new and improved", hoping to lock Democrats, and this president, into voting for it so they can claim a bipartisan goal to eliminate Medicare, social security, and Medicaid, and level the battle field for the upcoming elections.

The American people are not going to fall for it. The Repubs and TeaBaggers are gonna hurt something awful come 2012.
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yellowcanine Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-11 01:29 PM
Response to Original message
2. "But a later increase in borrowing authority wouldn't take effect unless Congress sent a
constitutional balanced budget amendment to the states for ratification."

Yeah right. So they recapitulated the Cut, Cap, Balance fiasco. So how does this go anywhere? This is legislative blackmail.

Boehner needs to get with Pelosi and Reed and hammer something out which can pass the House and Senate with both Democratic and Republican votes. An entirely partisan bill out of the House is a non-starter and Boehner knows it.
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liberal N proud Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-11 01:36 PM
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3. If the Con's were climbing aboard, it means Boehner gave them what they want
Even more cuts to social programs.

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Ruby the Liberal Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-11 01:41 PM
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4. He killed off student loan aid
Mark my words. Anyone wanna put $5 on it?
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