This has everything in it that the Democrats would reject. Mon Jul 25, 2011 at 02:05 PM PDT
Boehner's Plan Leaked by Wapo's Jennifer Rubin - Says Dems Will Have to Accept itby Steven
Jennifer Rubin, The Washington Post's mouthpiece for the House Republicans has written a column based on a Republican Aide that claims John Boehner will release the following plan in opposition to Senator Reid's plan and try to cram it down the Democrats' throats:
Boehner's plan meets House Republicans’ criteria by (1) making spending cuts that are larger than any debt ceiling increase; (2) implementing spending caps to restrain future spending; and (3) advancing the cause of the Balanced Budget Amendment — without tax hikes on families and job creators. While this is not the House-passed “Cut, Cap, & Balance,” it is a package that reflects the principles of Cut, Cap, & Balance. Here is more information on the plan:
●Cuts That Exceed The Debt Hike. The framework would cut and cap discretionary spending immediately, saving $1.2 trillion over 10 years (subject to CBO confirmation), and raise the debt ceiling by less — up to $1 trillion.
●Caps To Control Future Spending. The framework imposes spending caps that would establish clear limits on future spending and serve as a barrier against government expansion while the economy grows. Failure to remain below these caps will trigger automatic across-the-board cuts (otherwise known as sequestration).
●Balanced Budget Amendment. The framework ... the House and Senate to vote on the measure after October 1, 2011 ...
●Entitlement Reforms & Savings...
●No Tax Hikes....
MUCH MORE AT:
http://www.dailykos.com/story/2011/07/25/998636/-Boehners-Plan-Leaked-by-Wapos-Jennifer-RubinSays-Dems-Will-Have-to-Accept-it-?via=siderecent