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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 - 20:13 | 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.

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