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House Passes Sequester Replacement "Spending" Bill By 215-209 Vote, "Plan B" Vote Next - Live Webcast

Tyler Durden's picture




 

Update: an unexpected setback for Boehner appears to have appeared with rumors that there may not be enough votes in support of Plan B. As a result the vote on Plan B is for now delayed, and the Republican leaders are said to plan a 7:45pm conference. Suddenly it is becoming a real nailbiter. Stay tuned and grab your popcorn.

The first key vote on the House's docket - the Spending Cut Bill, i.e. the Sequester removal, has just passed as widely expected, by a vote of 215-209 with 21 Republicans voting now. Shortly thereafter, the House will vote on the "Plan B" Boehner tax proposal which too is expected to pass the House, and then be blocked by the Senate. At that point the Fiscal Cliff debate for 2012 is likely to be shelved and reopened in 2013 only after the consequences of the Fiscal Cliff have taken place. A final resolution may well stretch out into March, as we predicted previously, when the drop dead decision date is due - that coinciding with the debt ceiling increase, which by mid-March will no longer be extendable.  Watch the vote live below.

 

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Thu, 12/20/2012 - 19:50 | 3084622 The Alarmist
The Alarmist's picture

Gee, I feel saved already.  

Thu, 12/20/2012 - 20:00 | 3084629 nope-1004
nope-1004's picture

Where's Barney Frank to comment on the "fithco quiff" when you want him to?

 

Additional entertainment from Medusa Pelosi:

http://www.c-span.org/Events/Rep-Nancy-Pelosi-on-39Fiscal-Cliff39/10737436781-1/

"merry christmas to you and yours, nanc"

Thu, 12/20/2012 - 20:24 | 3084783 Dr.Vannostrand
Dr.Vannostrand's picture

Dude, "fithco quiff"?!?!?! You win the interwebz today!

Thu, 12/20/2012 - 20:26 | 3084796 Tijuana Donkey Show
Tijuana Donkey Show's picture

Fiscal queef?

Thu, 12/20/2012 - 20:34 | 3084843 The Alarmist
The Alarmist's picture

Jeesus ... between the pooting and the queefing, it's getting disgusting here.

Thu, 12/20/2012 - 21:04 | 3084914 The Big Ching-aso
The Big Ching-aso's picture

Plan 9B From Outer Space

Thu, 12/20/2012 - 20:48 | 3084885 Unprepared
Unprepared's picture

For some reason, whenever I see your avatar, I feel I want to uparrow you.

 

"You look good in a black suit orange outfit, son"

Thu, 12/20/2012 - 21:27 | 3084986 nope-1004
nope-1004's picture

lol.... ya, I thought long and hard when coming up with one.  I want Geithner in jail.  He's a total lying theif.

Took me about 3 hours to make this avatar...... I'm not that good on the pocuter.  I see others have changed theirs over the years, but I think I'll keep mine a bit longer.

Thu, 12/20/2012 - 19:53 | 3084631 HD
HD's picture

Fuck them all. Another extend and pretend miracle as usual.

Thu, 12/20/2012 - 20:04 | 3084666 lemonobrien
lemonobrien's picture

yep. we're just the little people.

Thu, 12/20/2012 - 21:34 | 3085017 knukles
knukles's picture

Hooray for the Tea Party hardcore "FU's" "cut the spending be the only way home folks"...

Off with their cliff!

 

PS  So going off the cliff be contractionary, so How Much More the Fed Gonna Ease?
  

 

    (maybe they'll try buying gold next...  snarc)

Thu, 12/20/2012 - 19:53 | 3084632 Al Huxley
Al Huxley's picture

Soon we'll find out how real the fiscal cliff is.  I'm betting on some magic, last minute "maybe we don't need to actually implement or enforce those spending cuts and tax hikes after all" deal that pushes the date out another 6 months or year.  Oh, and also the requisite debt ceiling hike.

Thu, 12/20/2012 - 23:43 | 3085493 MachoMan
MachoMan's picture

Why would you recapitalize united states banks first if you weren't planning on punitively taking advantage of safe haven status?  Part of the ability to continue spinning plates and to continue manipulating public perception is plausible deniability...  in other words, there must be ambiguity in our monetary policy in order for it to have any chance of working...  just a bit of a contrarian view...

Thu, 12/20/2012 - 19:57 | 3084633 ebworthen
ebworthen's picture

Reminds me of the Bailout votes.

Some vociferous long-winded speeches and emotional confetti before both sides of the aisle "came together" to bend over the middle class and reward the malfeasant immoral banks and the rest of the kleptoligarchy.

More of the same here; lube up middle class, the CONgressional sodomists are hard for us.

Thu, 12/20/2012 - 19:58 | 3084649 Al Huxley
Al Huxley's picture

Is there a technical term for a sexual deviant who gets off on fucking the middle class?

 

EDIT - I mean, other than 'politician' or 'banker'.

Thu, 12/20/2012 - 20:25 | 3084722 ebworthen
ebworthen's picture

Bloodsucking megalomaniacal sycophantic narcissistic sociopathic sodomitc toadies?

Thu, 12/20/2012 - 20:27 | 3084802 Tijuana Donkey Show
Tijuana Donkey Show's picture

Yes, they are called politicians....... 

Thu, 12/20/2012 - 20:27 | 3084804 WhyDoesItHurtWh...
WhyDoesItHurtWhen iPee's picture

Bohicapathic.

Thu, 12/20/2012 - 21:16 | 3084945 Harbanger
Harbanger's picture

"Is there a technical term for a sexual deviant who gets off on fucking the middle class?" Progressive Neoliberal.

Thu, 12/20/2012 - 19:56 | 3084640 francis_sawyer
francis_sawyer's picture

We need a 'Secret Santa' Committee to sort this all out...

Thu, 12/20/2012 - 19:56 | 3084645 nmewn
nmewn's picture

Tax The Rich!

Seventy billion a year...lol.

Thu, 12/20/2012 - 20:08 | 3084672 The Alarmist
The Alarmist's picture

Tax the Bitch!

(See comment below re a certain Georgetown Law student)

Thu, 12/20/2012 - 20:14 | 3084707 nmewn
nmewn's picture

But but but...it's fffrrrrrrreeeeeee isn't it?...lol.

Thu, 12/20/2012 - 21:36 | 3085034 knukles
knukles's picture

Like the PeLousy Famblee

Thu, 12/20/2012 - 19:59 | 3084651 kill switch
Thu, 12/20/2012 - 20:04 | 3084667 The Alarmist
The Alarmist's picture

I believe you are looking for a Georgetown Law student named Sandra K. Fluke, who apparently has so much sex that she can't afford her own birth control.  She apparently isn't alone, since her benefactor, one Barak Hussein Obama, was re-elected promising among other things free birth control.  So apparently a lot of people are giving a fuck ... or two ... or three ... ad nauseum.

Thu, 12/20/2012 - 20:01 | 3084660 Falconsixone
Falconsixone's picture

Mmmm....Waiter more crab! And get me another drink!

Thu, 12/20/2012 - 20:05 | 3084668 TheMayor
Thu, 12/20/2012 - 20:07 | 3084673 pragmatic hobo
pragmatic hobo's picture

so republicans wants to keep the tax cut for the rich, make no cuts to defense spending, keep all the tax cuts for estates etc and want to pay for those via cuts to social-security, medicare, and unemployment benefits?

Thu, 12/20/2012 - 20:08 | 3084679 The Alarmist
The Alarmist's picture

So, what's your point?

Thu, 12/20/2012 - 20:19 | 3084744 pragmatic hobo
pragmatic hobo's picture

I think the republicans should just go ahead and change their name to Nazi.

Thu, 12/20/2012 - 20:24 | 3084780 1000924014093
1000924014093's picture

That makes so much sense. Those Nazis were completely lacking in fiscal responsibility.

Thu, 12/20/2012 - 20:35 | 3084850 The Alarmist
The Alarmist's picture

Nah, their uniforms aren't cool enuff to qualify for the club.

Thu, 12/20/2012 - 20:29 | 3084816 hannah
hannah's picture

I think the democrats should just go ahead and change their name to Nazi.

Thu, 12/20/2012 - 20:47 | 3084889 Al Huxley
Al Huxley's picture

If they BOTH changed their names to 'NAZI' it would clarify the picture for a lot of people.

Thu, 12/20/2012 - 21:17 | 3084950 hooligan2009
hooligan2009's picture

many a word spoken in jest

Thu, 12/20/2012 - 20:39 | 3084864 nmewn
nmewn's picture

Republicans were investors in Fisker, Solyndra, LightSquared etc., advocate for killing the completely innocent out of personal convenience, ran guns to Mexican drug cartels for political reasons and imposed national socialism on peoples health insurance?

Who knew?

Thu, 12/20/2012 - 21:40 | 3085048 knukles
knukles's picture

+ Priceless (as in no spending caps)

And don't forget continuing the TBTJail bailouts, GM and Chrysler bond holder whoopings, not to mention a few more good wars added to the drama.  Or NDAA, Patriot extensions, whateverthefuck...

Thu, 12/20/2012 - 22:18 | 3085216 nmewn
nmewn's picture

Fucking statists...help me Big Brudder!...lol.

Thu, 12/20/2012 - 20:31 | 3084825 nmewn
nmewn's picture

"...want to pay for those..."

Ah yes, the old must "pay for" canard regarding government spending.

Thu, 12/20/2012 - 21:15 | 3084944 hooligan2009
hooligan2009's picture

its hard to tell whether these are cancelling increases in spending or actual spending cuts..depends on the economy and how many people opt for the free welfare benefits rather than a lower wage working at wally world.

Thu, 12/20/2012 - 20:08 | 3084678 negative rates
negative rates's picture

Its already going down in flames, over the 10% yellow area. That area is called "any ending is better than a mending!"

Thu, 12/20/2012 - 20:13 | 3084709 papaswamp
papaswamp's picture

Does this mean the Mayan Calendar has been sequestered until March?...Damn it...I had such excellent bourbon and professional ladies lined up for tomorrow...

Thu, 12/20/2012 - 21:55 | 3085138 Harbanger
Harbanger's picture

The mayan noble savages couldn't even predict their own demise around 900 AD.  You can still get the bourbon and ladies to celebrate the winter solstice.

Thu, 12/20/2012 - 20:17 | 3084721 ugmug
ugmug's picture

 

The Rats are Jumping Off the Fiscal Cliff - Exodus of Baucus Staff

"Senate Finance Committee Chairman Max Baucus is losing his top tax staffers by the day.

An exodus is occurring among committee staff and in Baucus’ personal office, leading tax lobbyists and congressional staffers to wonder about the effect this will have on any potential overhaul of the tax code in 2013, as well as Baucus’ own legislative agenda." http://www.nationaljournal.com/blogs/influencealley/2012/12/exodus-of-baucus-staff-20
Thu, 12/20/2012 - 20:18 | 3084724 Theos
Theos's picture

Thumbs up if you laugh every time you hear "over ten years"

...then immediately /facepalm.

Thu, 12/20/2012 - 20:31 | 3084729 dirtyfiles
dirtyfiles's picture

masters of  hiptonaizing..meen hipopotizing..smthing

Thu, 12/20/2012 - 20:24 | 3084785 dwdollar
dwdollar's picture

All I know is... once the dust settles everything will be basically the same because we are past the point of no return and to fix anything meaningful would be pointless. Party on until the end.

Thu, 12/20/2012 - 21:44 | 3085070 knukles
knukles's picture

LOL
Restaurantat the End of the Universe

Thu, 12/20/2012 - 20:26 | 3084801 Bay of Pigs
Bay of Pigs's picture

Louise Slaughter D-New York

Wow. Im getting dumber by the minute listening to this fucking whack job....LOL

BTW, how does she have a southern accent being from NY?

Thu, 12/20/2012 - 20:31 | 3084823 Theos
Theos's picture

dude the way to protect your credit rating is to print more money to buy your own debt. wtf dont you understand.

Thu, 12/20/2012 - 20:36 | 3084855 ugmug
ugmug's picture

BTW, how does she have a southern accent being from NY?

 

Carpetbagger from Kentucky 

Thu, 12/20/2012 - 21:07 | 3084919 Bay of Pigs
Bay of Pigs's picture

Yeah, shes a real beauty. Daily Kos? LOL.

"Slaughter is one of the most Liberal members of the New York congressional delegation from upstate New York, and in the 110th Congress (2007–2008), was the most Progressive member of the entire House of Representatives according to National Journal. She is one of several Democratic congressmen and senators who post at Daily Kos, a Democratic-oriented blog."

Now hearing from Eric Cantor, Paul Ryan, Chris Van Hollen, Rob Andrews and Spencer Levin. The country is absolutely fucked.

Thu, 12/20/2012 - 21:13 | 3084934 ugmug
ugmug's picture

 

 

 

Slaughter's district - Western New York - has a higher percentage of senior citizens than does Florida.

 

 

Thu, 12/20/2012 - 20:28 | 3084812 Yen Cross
Yen Cross's picture

 At least Obama doesn't have free rein on 2 years of "unchecked spending", via the debt ceiling...  (YET)?

Thu, 12/20/2012 - 20:29 | 3084820 Spastica Rex
Spastica Rex's picture

I'll check back in February. Bye.

Thu, 12/20/2012 - 20:37 | 3084856 The Alarmist
The Alarmist's picture

Chickenshit conformist!

Thu, 12/20/2012 - 20:30 | 3084822 Cult_of_Reason
Cult_of_Reason's picture

They don't have the votes for "Plan B".

Thu, 12/20/2012 - 20:35 | 3084848 orangegeek
orangegeek's picture

Who gives a shit.  It's a fkg mess.  One session for one budget plan isn't going to make a fkg difference.

 

2012 is going to be the best year in a long time.  We are headed down and no sitting government can do a thing about it - they just think they can and that's the worst part.

 

It's not the party, is all fkg government - too big - costs too much - sucks the life out of the private sector.

Thu, 12/20/2012 - 20:36 | 3084854 dirtyfiles
dirtyfiles's picture

is someone recording this circus ?
please you after us don't allow the same shiit happen again
thanks

Thu, 12/20/2012 - 20:41 | 3084869 Hohum
Hohum's picture

No surprise the little boys and girls cannot agree.  After all, industrial society cannot pay for itself and it's a battle over a shrinking pie.

Thu, 12/20/2012 - 20:46 | 3084883 OMG
OMG's picture

End of the world! Watching the mayan clock here! If the shit goes down I'll have saved some fiat bucks, if not shopping I go!

I'll be on the cereal isle doing my shopping those freebies are getting shittier every year but it's the thought that counts.

Wifes getting a T-shirt & a vibrator she doesn't like the shirt she can go fuck herself!

Thu, 12/20/2012 - 20:55 | 3084900 bunnyswanson
bunnyswanson's picture

I think you got it wrong.  It is The End of Our World" not "The World."   The apocalypse will be a slow-motion-holocaust, the kind that leaves many wondering if they can ~believe their eyes~.

 

http://rt.com/usa/news/texas-women-roadside-cavity-422/ - RT TV - Two women forced cavity searches on side of dark road after throwing cig butt out window. 

I could not even watch this.  But this is a taste of what is to come.  One more story of women being targeted for prosecution.  The women.  For the last decade, most of you boys have been standing in front of a mirror with your dick in one hand and your P&L statement in the other.  But the weaker of us will pay the price for your self adoration and you'll have the pleasure of seeing your loved ones' rights to humane and just treatment be thrown to the ground and spit on. 

Thu, 12/20/2012 - 20:49 | 3084890 virgilcaine
virgilcaine's picture

Dysfunctional gooberment tv.

Thu, 12/20/2012 - 20:51 | 3084895 Global Hunter
Global Hunter's picture

honest question, when do they vote on the NDAA.

 

 

Thu, 12/20/2012 - 20:53 | 3084898 FleaMarketPete
FleaMarketPete's picture

I just ate two McRib sandwiches incase the world really does end tomorrow.

Thu, 12/20/2012 - 20:56 | 3084901 OMG
OMG's picture

Sooner than tomorrow you will be wishing it did, glad I just bought stock in Imodium.

Thu, 12/20/2012 - 21:10 | 3084925 hooligan2009
hooligan2009's picture

champagne brandy ....hic

Thu, 12/20/2012 - 20:59 | 3084905 ZeroAvatar
ZeroAvatar's picture

Look, it's just too much drama.....I can't take anymore:                                                                                                                                http://www.sott.net/article/254560-Man-freely-smoking-pot-in-Washington-...

 

 

Thu, 12/20/2012 - 21:10 | 3084921 Bay of Pigs
Bay of Pigs's picture

No vote tonight on Plan B. LOL...

Thu, 12/20/2012 - 21:11 | 3084929 hooligan2009
hooligan2009's picture

yah really...and they are all off for christmas too...maybe they just aren't competent to govern. just mouthpieces who can talk but can't do their sums....bleh

Thu, 12/20/2012 - 21:26 | 3084984 Tombstone
Tombstone's picture

They should bus in the Chinese Communists so that Obama can dictate which way the vote should go.  The Kommies will stand with the 0.

Thu, 12/20/2012 - 21:47 | 3085091 I_Am_
I_Am_'s picture

Who got "sequestered"???? Someone still had 'balls'!!! :-) Merry Xmas hic! hic! hic!

Thu, 12/20/2012 - 21:54 | 3085131 knowless
knowless's picture

So new fiscal cliff is isolationist? After alterations to the makeup of the sequestration? Takes effect still right? As long as post Christmas short week means nothing?

Thu, 12/20/2012 - 21:56 | 3085139 Victor Berry
Victor Berry's picture

Thank God the House passed the defense appropriations bill of $633 billion for FY2013. I was worried that the DoD wouldn't have enough money to be able to protect us from another 9/11 attack.

Thu, 12/20/2012 - 22:06 | 3085183 knowless
knowless's picture

protectionist it is then

Thu, 12/20/2012 - 22:11 | 3085194 j-dub
j-dub's picture

Not to gloat, but with my cap gains from my margined UVXY buy from three days ago, I plan to pay up for the privledge of being the meat in a Eva Notty-Carmella Bing sandwich this weekend!

Seriously, if I don't contract at least !4! venereal diseases, I'll consider this weekend a total loss 

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