Republicans are holding the economy hostage because Obama refuses to negotiate on the debt limit.
Step Two comes next week, when House leaders hope to advance a separate measure that will demand a one-year delay in the law’s implementation in exchange for an agreement to avoid a first-ever default on the nation’s debts sometime next month.
Obama responded with an uncharacteristically angry speech in which he accused Republicans of “trying to mess with me” and “holding the economy hostage.”
…………………….Upon his arrival back in Washington, Obama called Boehner and reiterated his refusal to negotiate over the debt limit, a White House official said, speaking on condition of anonymity to discuss the private conversation.
AND We’re not a deadbeat nation because, well, we’re not a deadbeat nation. Not because we can afford anything, or because Obama is making certain people can make a living in order to pay taxes. No. We’re just not deadbeats, so we’ll increase our debt to pay our debts.
“We are not a deadbeat nation. We don’t run out on our tab,” Obama said. “We’re the world’s bedrock investment. The entire world looks to us to make sure the world economy is stable.”
And Nancy Pelosi of all people IS willing to negotiate. Nancy Pelosi, who just suggested Republicans don’t like Obama because he’s smarter than them. Good first step there lady.
“This place is a mess,” Pelosi said before the vote. “If the idea is to limit government, let’s work together on that.”
So now, the next step is to hold up the bill in the Senate so that it’s closer to deadline before it goes back to the house because………………………………………….?……………………………………?……………………?
I don’t get it. No matter what Reid will add in the funding and then it goes back to the house. Let the Senate get on record. Can’t the house send it right back with that stripped out again?
So in the end whoever has the hot potato on Oct 1 loses?
If so, then I would think you’d want it out of the senate lickety split.
UPDATE: Hot Air gives it a go. Allapundit seems to think it’s really all about Cruz making up for being called on his bluff by Boehner. While that at least makes sense it certainly dumps his esteem (from me) in the toilet.
What he’s doing here is simply showing that he’s willing to take some heat himself before Reid’s scheme succeeds and the spotlight shifts back to the House.
The Hill has a great column showing how Boehner and McConnell have been winning big time lately.
Don’t tell the Tea Party, but the tag team of John Boehner and Mitch McConnell are currently mopping the floor with Barack Obama.
The president convincingly won a second term in November, but since that time, the congressional Republican leadership has outfoxed, outmaneuvered and plain out-strategized him on just about every issue.
It bugs me that “Don’t tell the Tea Party” bit. It seems everyone wants to define the Tea Party. In this instance, those who oppose the traditional GOP. I think of the Tea Party in far more generic terms as those who put their foot down on government spending. If Boehner/McConnell can do that, as they did with this sequester, then all hail Boehner/McConnell.
Protein Wisdom is keeping up on the 2nd Amendment fight in CO. Is it a fight? No, not really….lets file it under elections have consequences, because the 2nd amendment is dead here.
My name for this current assembly can be summed up thus: “How the West was lost.” And with it, a tradition of rugged individualism, struck down with the stroke of a pen from a bunch of effete, cowardly lawmakers riding what they think is a momentous wave of anti-gun sentiment.
And the thing is…..I have no idea if there is a wave of anti-gun sentiment or not. I know longer have faith in “the people”. Today’s Morning Jolt contains this quote from Jim Geraghty has been my thought since the election.
Right now, there’s a conundrum at the heart of the conservative movement. Our entire philosophy is about trusting the people, in faith that they know what’s best for themselves, can spend their own money more wisely than the government can, and find the solutions that work best for their communities . . . and right now, we don’t really trust the people.
Not that I think anyone else other than the individual can make the right choice, but clearly the individuals out there are not to be trusted either.
Drew at Ace of Spades thinks the trust is amongst the GOP and I guess it sort of is, because you used to be able to count on half the country to have their brains in tact, and then we end up with an election that includes a huge amount of people on the right staying home in a snit because Romney wasn’t conservative enough for them. Or those others who thought Obama just needed more time.
Since the sequester barely cut spending to levels seen in just the last few years you would think it would be no big deal. BUT when the government wants to make certain everyone notices, they can.
Denver Police Chief Robert White rejected scores of performance evaluations for civilians who work for the police department, saying the ratings were too high and “not everyone is outstanding.”…………….”It’s so much easier to give everyone something than making those tough decisions. That is part of what we are changing in our agency.”
White said he sent back all of the evaluations after noticing many employees had been given “outstanding” or “exceeds expectations” or “successful” ratings — or 5s, 4s or 3s on the 5-tier scale — entitling those employees to a merit raise……………..You are doing a disservice to the exceptional employee by saying that everyone is exceptional.”……………..”There is going to be a lot of grief,” said Denis Berckefeldt of the Denver Auditor’s Office. “He is not going to be making a lot of friends. Usually everyone gets a satisfactory or above. The agencies don’t downgrade anyone. No one wants to do that. People say, ‘It’s not my money. Why do I care?’”
“The worst-case scenario for us,” a leading anti-budget-cuts lobbyist told The Post, “is the sequester hits and nothing bad really happens.”
Think about that. Worst case? That a government drowning in debt should cut back by 2.2 percent — and the country survives. That a government now borrowing 35 cents of every dollar it spends reduces that borrowing by two cents “and nothing bad really happens.” Oh, the humanity!
Let’s start drinking!
Don’t let the big campaign on sequestration dissolve your nerve. By doing nothing you are doing good! The biggest problem that Obama sees out there with sequestration is that no one will notice the affects.
Right now in the news they are listing all the millions that will be cut. It sounds devastating. Horrible. The children…..!
f you want a clue as to what some sequester opponents fear the most, though, check out what health care lobbyist Emily Holubowich, who represents 3,000 nonprofits opposed to the sequester, told The Washington Post on Saturday: “The good news is, the world doesn’t end March 2. The bad news is, the world doesn’t end March 2,” she said. “The worst-case scenario for us is the sequester hits and nothing bad really happens. And Republicans say: See, that wasn’t so bad.”
[ht Maggie's Farm]
I think the sequester was the best idea of Obama’s ever! Hold fast! He is now working in campaign mode rather than working to create a workable budget. He is now just begging Republicans to bend “just a little” and increase taxes. Hold fast!
This isn’t even a real cut. It’s a cut in planned future spending. Hold fast.
In other words this isn’t even really a cut – “devastating” or otherwise – it’s a modest growth rate reduction following years of unnecessary, embarrassing and unsustainable excesses.
Where the sequester debate deviates from the norm is in its dramatis personae. Unlike prior spending debates, the sequester features Republicans attempting to shift the onus for cutting government onto Obama. U.S. Speaker John Boehner has repeatedly referenced “the president’s sequester” while decrying its “harmful cuts.”
You can do it. And then when the world doesn’t end, you can try some real spending cuts. Let’s start talking about tarts instead of pies, eh? ht protein wisdom
I saved this column yesterday to blog on, but then got too busy to write. No need as really the headline here on Complete Colorado says it all.
The headline, “Yeah, Cut Government, but not MY big government program”, is seen here in this screen shot.
And the story?
Farmers and ranchers at the stock show said they fear Congress will do an across-the-board cut that could hobble crop insurance, research and loan programs they consider vital to their industries.
Oh brother. “Farmers and ranchers” are probably some of the most conservative citizens in this country, yet they too get their fill at the government trough. Everything is “vital” if it affects me.
Instead of “Wake up A merica” that saying ought to change to “Grow up A merica”
Aren’t you failing the country, say the insurgents? Answer: The country chose Obama. He gets four years.
Want to save the Republic? Win the next election. Don’t immolate yourself trying to save liberalism from itself. If your conservative philosophy is indeed right, winning will come.
We followed one the other day regarding the new Food regulations.
1) Government involves itself in the mortgage industry in an effort to get more home ownership in this country.
2) Banks hand out iffy loans to people who happily sign on the dotted line (most with an understanding of what this means)
3) Good stuff happens
Banks make a lot of money, but then start to go under.
Home owners live the good life (including borrowing more money on their homes)
4) Bad stuff happens
Home prices quit rising
Home owners can’t keep up the good life
Banks almost go under
5) Government intervenes, saving banks
6) Government makes more rules to prevent people from ever having to suffer the consequences, or enjoy the fruits, of risky decisions.
This marks the first time the government has spelled out what constitutes a “qualified mortgage,” an effort to prevent the widespread toxic loans that hurt millions of Americans during the housing crisis.
Seriously – a LOT of people became home owners during those times and not all of them ended up in “hurt”. And even those who ended up hurt, just lost homes they couldn’t afford and went back to renting. The people who got hurt the worst are the tax payers who had to bail out the banks, but if the banks hadn’t been “incentivized” to give out bad loans by government……
Oh good Lord, I can’t even go on.
It seems to me that the military can handle a $50 billion yearly cut. (though it’s the “across the board” bit that has people worried) These days, that isn’t much money. If the military is going to be led by someone else who thinks so too, then, by all means….let the sequestration begin.
Hagel is a Vietnam War veteran who became a critic of the U.S. operation in Iraq. He left the Senate in 2009 and told The Financial Times in 2011 that the Pentagon was “bloated” and needed to be “pared down.”
But we have a Democrat Senator who voted no because he thought more ought to be done about spending! Actually – that’s not clear, he may have just wanted more taxes, but either way – good for him. PLUS he was trying to come up with a plan waaaaaay back in November.
Democratic Colorado Senator Michael Bennet voted “nay” on the fiscal cliff deal from Monday night. He created his own plan to avert the fiscal cliff in November alongside Republican Senator Lamar Alexander.
I grant Kudos.
Certainly more kudos than to those in the NE who want Federal Money for Sandy damage even though tons of that money goes to the entire other coast. Let’s hope the new Congress can write a decent bill.
For fun read about famous rich Democrats hiding their money from the higher taxes coming down the pike. Let’s call them the Obama tax hikes while some of us enjoy our permanent Bush tax cuts.