July 19, 2011 - 6:26 pm
So it’s on to the Senate, where the only plan that will actually do something useful about the debt on a long-term basis will die a partisan death.
The House has passed legislation conditioning a $2.4 trillion increase in the nation’s borrowing cap on a tea party-backed plan to require immediate spending cuts and a constitutional amendment requiring a balanced budget.
The 234-190 vote sends the “cut, cap and balance” plan to the Democratic-controlled Senate, where it has virtually no chance of passing.
You want to see leadership? Don’t look to the White House. Say what you will about the House leaders, but at least they put a workable plan together and passed it. The Senate and White House will just keep playing ping pong over the abyss.
Cut, Cap and Balance isn’t perfect, but it’s a start.
Call me an optimist, but I feel the tiniest glimmer of hope.
Good Time will prove this the only workable solution and the TP can make claim to it next year. The trillion dollar tax hike will not be passed and send us into the abyss. That abyss is a big haircut and wake-up call. If we miss that one God help us.
Now they should recess until late August, after holding a press conference where they say, “here’s how it’s done….you do your job and *then* you go on vacation.”
Right idea generally, cthulhu, but no recess. The Pubs have a strategy of not going into recess to deny President Seven-Iron the opportunity to make recess appointments, and that has to remain in place.
I thought that was the Senate.
What is not being said is the 1 TRILLION dollars in new “revenues.” What does that mean? MORE TAXES!Why is it that those in government call what is taken from the wages of the people “revenues”? From what I read in the dictionary, it means, “yield from property or investments.” Has the government, or actually, those who RUN the government view our income as a mean to which they can fund some department or entitlement? Are they suppose to work for us, or it is now that WE WORK FOR THEM??????
This has the same chance of passing as Rosie O’Donnell has of winning the Miss Universe contest.
The dumbest man in the Senate might not even allow it to be brought forward.
The House Cut, Cap and Balance Plan
CUT….What? How much?
CAP…Arbitrary governance is for fools.
BALANCE….Revenues are never static!
The Ryan Plan
Adds signficant debt over ten years and has no consideration of the nations economy and grwoth realities.
The Senate Crew of Six
It is only a sumation of investigative research and is nowhere close to being in any form of legislative or resolution language.
The House is controlled by a GOP majority and the Democrats following precedence set by the GOP as a minority body, have taken no role in bringing forth a plan.
The only way the Senate is going to be able to advance a ‘Senate plan’ is through the current House bill residing in the Senate for which they can attach to. Otherwise, without a House bill in the Senate the Senate has NO means for which to advance a bill of their own.