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Apparently Boehner screwed up the figures (off by $350 billion-per CBO) in his proposal.

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pampango Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 05:51 AM
Original message
Apparently Boehner screwed up the figures (off by $350 billion-per CBO) in his proposal.
Now it's back to the repub drawing board.

Debt crisis: Republicans scramble to rewrite plan following figures bungle

Embarrassment for Congress speaker John Boehner after budget office finds $350bn hole in his original proposal


http://www.guardian.co.uk/business/2011/jul/27/debt-crisis-republicans-plan-bungle

The US debt crisis has escalated after Republicans were forced to rewrite their proposal to lift the debt ceiling, because they miscalculated how much the original plan would cut spending.

In an embarrassing development for John Boehner, the Republican Congress speaker, the Congressional Budget Office (CBO) ruled on Tuesday night that his bill would have only cut spending by $850bn (£517bn)over the next decade, not the $1.2tn he had aimed for. Republicans are now racing to rewrite the legislation, and have pushed back a congressional vote on the plan from Wednesday to Thursday at the earliest.

The US people may be losing patience with their political leaders. The congressional telephone system was swamped with calls from the public on Tuesday, coming close to collapse. The websites of several members of Congress have crashed this week, after president Obama urged Americans to make their voices heard.

Across the globe, there is growing astonishment that the world's biggest economy is on the brink of a technical default because its elected leaders cannot hammer out a deal. Nouriel Roubini, the leading economics professor, said there was disbelief in China. "Biggest concern in meetings in Hong Kong: will the US default on its debt? Folks here are shocked by the dysfunctional US political system," he tweeted from Shanghai.
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C_U_L8R Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 05:55 AM
Response to Original message
1. hic °
swirling in bourbon and bain de soleil
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Divine Discontent Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 06:11 AM
Response to Reply #1
5. HA!
so true... his eyes got all teared up, and then bain de soleil ran into them, so he couldn't get his numbers right!
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Angry Dragon Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 05:57 AM
Response to Original message
2. That is what happens when you let a drunk into your House
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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 05:59 AM
Response to Original message
3. It's hilarious
You should hear the coverage on BBC International :rofl:
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SpiralHawk Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 06:04 AM
Response to Original message
4. Put down that highball glass, Boehner (R), and back away slowly...
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SmileyRose Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 06:16 AM
Response to Original message
6. Oh noes - the CBO was mean to poor little Johnny.
Someone better stand by with a box of hankies for the crybaby.
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The Wielding Truth Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 06:38 AM
Response to Original message
7. When brainwashed lemmings assume leadership roles common sense
needed to rum a democracy is gone.
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Raven Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 06:42 AM
Response to Original message
8. He must have been in the "slow math group" in school. n/t
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flpab Donating Member (210 posts) Send PM | Profile | Ignore Wed Jul-27-11 06:43 AM
Response to Original message
9. the UK comments, read them!
They are really on, like this one


"The tea party extremists much like that right wing terrorist in Norway, so obama should have them arrested for threatening national security.

These are the same people (tea party) who look to Glenn Beck with admiration, this sleazy and disgusting product of Fox News and murdoch.

So what did this scumbag Beck recently say?

Glenn Beck likened Norwegian dead to Hitler youth."
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deacon Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 06:56 AM
Response to Original message
10. He's officially the biggest asshole in washington. n/t
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WinkyDink Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 06:59 AM
Response to Original message
11. I'm betting both Parties are cooking their own books.
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Historic NY Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 08:32 AM
Response to Original message
12. Chump change he says.
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dgibby Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 08:48 AM
Response to Original message
13. CBO just scored Reid's plan at 2.2 trillion,
according to MSNBC. Reid says Boehner's plan DOA in senate.
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Gregorian Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 11:30 AM
Response to Original message
14. They work out of a treehouse, with crayons.
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Johonny Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 11:54 AM
Response to Original message
15. He is as clumsy as he is stupid...
Edited on Wed Jul-27-11 11:54 AM by Johonny
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