<snip>
The panel, which has been championed by Conrad and ranking member Judd Gregg (R-N.H), would be tasked with stemming the unsustainable rise in debt.
Among its chief responsibilities would be closing the gap between tax revenue coming in and the larger cost of paying for Social Security, Medicare and Medicaid benefits. The Government Accountability Office recently reported the gap is on pace to reach an “unsustainable” $63 trillion in 2083.
The panel would also have the power to craft legislation that would change the tax code and set limits on government spending.
The legislation would then be subject to an up-or-down vote; it could not be amended.
<snip>
Let's review the threat that these five Democrats are making:
* They will allow the United States to default on its debt, which will vastly increase the overall amount we have to pay on our debt
UNLESS
* Speaker Nancy Pelosi turns over Congressional power on Social Security and Medicare to an unelected commission that will almost certainly propose deep cuts in Social Security and Medicare entitlements. Keep in mind that if deep cuts to Social Security and Medicare pass under a Democratic trifecta, the party would be doomed at the ballot box for years to come.
This is completely insane, and there is no choice but to call this bluff.
Let's see these five Democratic Senators explain to the entire nation why they allowed the country to default on its debt. No matter how safe their seats appear to be, no Senator is going to win reelection after making the entire country default on its debt. Their rationale does not matter. Being blamed for making the country default on its debt - especially after all five of these Democrats voted in favor of the Wall Street bailout and are demanding that Social Security and Medicare be cut - will be the effective end of their political careers.
Go for it, guys. Form your national suicide pact. Tell the country that you are demanding deep cuts in Social Security and Medicare, or else you will personally cause the United States debt to double. Let's see how well that message plays on the air.
<snip>
http://crooksandliars.com/I am so tired of these effing shitheads mucking about in everything, and finding ways to obstruct whatever they deem necessary.
SS and Medicare do probably need to be streamlined, but I can guarantee you that committee they want and whatever else will be used for some unholy purposes that will hurt most people.
They can go to hell.