This page has been archived and commenting is disabled.
Boehner Deficit Plan Passes: Here Is What Happens Next
As expected, the revised revised Boehner plan has passed the Congress garnering the required 216 votes to be successful (218-210 to be precise). And now that the ball is in the Senate's court, here is was happens over the next 3 days...
Via Nancy Vanden Houten of Stone McCarthy.
Majority Leader Reid today set the wheels in motion for the Senate to begin consideration of the House bill, assuming it passes, or his own debt ceiling/deficit reduction plan.
Our understanding of the procedures in the Senate is pretty basic, but the bottom line seems to be that the soonest we would see any meaningful vote in the Senate would be shortly after midnight on Saturday (i.e. early Sunday morning.) It's not clear to us whether that initial vote would be on some version of the House bill, Reid's original proposal, or Reid's proposal modified based on recommendations from Minority Leader McConnell. Without Republican input on the legislation, the odds of filibuster go up. People with more knowledge of the workings of the Senate than we have are looking for another procedural vote on Monday morning, and a final vote on some piece of legislation on Tuesday (August 2.)
Putting the logistics of the Senate aside, Reid is going to have to make some adjustments to his bill to get enough Republican support so that Republicans don't block legislation through filibusters or other tactics.
Assuming Reid can get the Senate to pass some piece of legislation, some compromise will still have to be worked out with the House. If Speaker Boehner wants to be part of a compromise that prevents default, he's going to have to shift gears in a major way. In the last couple of days, he's been working overtime to get support for his bill from members of his own party. If he wants to push through compromise legislation, he's going to have to court some Democrats, because he'll surely lose Republican votes on any compromise with Democrats.
As we noted in our comment Monday, the original Boehner and Reid plans had enough in common to suggest grounds for compromise.
The biggest stumbling block will continue to be the House bill's provision that calls for the debt limit to be increased in two steps, with the first increase only lasting through the end of this year or early this year. We don't think Senate Democrats and the White House would concede to that. As we noted in our update Monday, both the original House and Senate bills call for a new Congressional committee to make recommendations for long-term deficit reduction. The House bill made the second increase in the debt limit contingent on Congress adopting those recommendations. There are no consequences for failing to adopt the committee's recommendations in the Senate bill.
We think Senate Democrats would agree to adding some mechanism to their bill to force the adoption of the Committee's recommendations. Indeed, President Obama said today he could support some sort of enforcement mechanism if it was "smart and balanced." We don't think Democrats would support the enforcing mechanisms in either version of the House bill -- i.e. making a debt limit increase dependent on Congress adopting the new committee's deficit reduction recommendations in the first bill, or Congress adopting a balanced budget amendment in the latest version. However, Senate Democrats do seem open to requiring a vote on a balanced budget amendment as part of a compromise.
The bottom line: To get legislation to raise the debt limit, some bi-partisan cooperation will be required. Senator Reid will need to work with Republicans to move a bill through the Senate, and House Speaker Boehner will need to start wooing Democrats because he's sure to lose Republican votes for any legislation that makes some concessions to Democrats. Given the procedures in the Senate, this isn't likely to be resolved before Tuesday. If the two sides are making progress, we think there is a good chance we would see a very short-term increase in the debt ceiling lasting for a matter of days.
»
- 41180 reads
- Printer-friendly version
- Send to friend
- advertisements -
Gettin' repetitive.
I prefer to watch professional wrestling; there are some real feuds going on there!
And for your enjoyment all those GOP congress critters who voted no:
Speaker John Boehner pushed his debt-ceiling bill through the House Friday night with the support of 218 Republicans. Here are the 22 no votes:
Justin Amash (Mich.)
Michele Bachmann (Minn.)
Chip Cravaack (Minn.)
Scott Desjarlais (Tenn.)
Tom Graves (Ga.)
Tim Huelskamp (Kans.)
Steve King (Iowa)
Tim Johnson (Ill.)
Tom McClintock (Calif.)
Mick Mulvaney (S.C.)
Ron Paul (Texas)
Tom Price (Ga.)
Connie Mack (Fla.)
Jim Jordan (Ohio)
Tim Scott (S.C.)
Paul Broun (Ga.)
Tom Latham (Iowa)
Jeff Duncan (S.C.)
Trey Gowdy (S.C.)
Steve Southerland (Fla.)
Joe Walsh (Ill.)
Joe Wilson (S.C.)
Was just getting set to post this list. Thanks Lizzie, and the rest of you should thank them for what you won't do, ie., stand up!
Nice... I can read the headline spin now - "Tea Party and Independents Nutters Want the Nation to Suffer... More at Eleven"... It is nice that some have ethics and stand behind what they said they would do (at least the Tea party/Independents). Somehow I think the system is broke... ;)
https://www.gunsgrubandgold.com/forum
The only good rep is the rep that chooses debt slavery for the nation forever. What a sick fucking country this has become. God bless "America". Fuck the United States.
Yes, principles are the spawn of Satan. But Christmas is now good.
As long as the welfare checks keep rolling in "its all good". I smell QE3 with some sort of Xmas bonus for the masses to feel all fuzzy about - the American Dream is about "debting" that 70" plasma tv...
https://www.gunsgrubandgold.com/forum
Ya think??? Not just broke but broken, too. Even if you replaced all of CONgress, the executive branch as well as the supreme sycophants, it would not change a thing b/c they are not in charge.
These people need to join the "Rent is too Damn High!" Party - like now. The GOP is so 1980's..
http://www.youtube.com/watch?v=x4o-TeMHys0
True Patriots! At least some are standing up for the long-term best interests of our country.
At least they have a brain.
Spare these 22, execute the rest.
+22 .... -413 ... Bravo
I didn't know Joe Walsh was in the House. Can we get him to play Funk #49 for us?
Lol!....just told my gf that same joke over dinner
Best song ever by JW, I.L.B.T.s: Look it up if you can!
I did it for ya'! Enjoy!
http://new.music.yahoo.com/joe-walsh/tracks/i-l-b-t-s--1026259
Funkier than a mosquito's tweeter...love the album cover...love the piano...very nice
True patriots all of them.
Remember that this bill included the formation of a super congress, will be deformed/(or killed) by the democratic senators and forced back down the throats of the congress that sent it to them.
Here is Tim Scott and Michael Burgess explaining their position to Hannity: http://www.youtube.com/watch?v=z7xCYWqy7QQ&feature=player_embedded
BTW, I didnt see Burgess in the list above
If Ron Paul voted no, it did´n deserve to pass. Thanks for letting me know who the intelligent are.
Or were you suggesting they are the bad guys?
Paul prefers a default...economic honesty
Thanks for the list Lizzy.
Looks like "my guy" did what he was supposed to do...more will be joining him next go around ;-)
A fine showing by South Carolina, a united "go pound sand" to Uncle Sam.
Shame we cant afford to throw 'em a parade.
The legal blame game has started!! Both parties suck - we need a special election to get rid of these dingle balls...
I believe it will come down to using the 14th amendment and some legal loophole. Then again the entire thing may melt down and invoke ML and a whole host of containment protocols...
https://www.gunsgrubandgold.com/forum
Thank God, the morons have been heard from.
As expected, the revised revised Boehner plan has passed the Congress
Not to be a schoolmarm, but it didn't pass the Congress. It passed the House of Representatives. When I read the opening sentence I thought, and quite correctly, that it had passed both houses of Congress and had been sent to Obumma.
Thank you! For a site that talks so extensively about US politics this is realy basic stuff that they should get right. Junior high civics, people
Art B.
With your avatar, you obviously know that here in the Commonwealth, the only union that has an office in the State House up there on Bacon Hill, is, well, ... The NEA.
So you can't presume anything that kidz understand in any civics and/or history class.
- Ned
{and isn't Tim Thomas the athlete of the decade? 27 games in a row, four elimination series?}
A wicked storm is passing over Wall Street, at this very moment. God, does that seem appropriate. Hail is expected. I hope there are also frogs and fucking locusts descending on those golems.
Ten plagues? Does that mean the first born dies...? I wonder if the water will turn to blood... ;) Hahahahahaha - actually I have a bad feeling that the tables may be reversed and WallStreet will be the Jews, and the masses will be the Egyptians - Egyptians didn't fair to well in that story...
https://www.gunsgrubandgold.com/forum
>>
House Speaker Boehner will need to start wooing Democrats because he's sure to lose Republican votes for any legislation that makes some concessions to Democrats.
>>
First of all, it is not Boehner that has to woo Democrats. Boehner will not bring any bill to the floor that is not overwhelmingly approved by the GOP members. He will NOT submit a bill he can get passed only with Democrat votes, that is just insane. He'd be removed from his position before any such vote.
Second, the reason the two step process is in there to begin with is the Democrats refused to cut 2.4 trillion in any manner, shape or form from spending. It's Too Big A Number. That's why the two step effort evolved. They approve spending cuts of smaller amounts multiple times. This is how the negotiations broke down to begin with.
The multi step issue is not political. It's mathematical. You can't get votes to cut the enormous amount all at once. You have to do it piecemeal.
The media CONTINUES to not understand that this is not politics as usual. The Tea Party wiped out Democrats in November and took all those seats for ONE REASON AND ONE REASON ONLY. It's not abortion. It's not DoD. It's not religion. It's SPENDING and ONLY SPENDING. They don't CARE about a political career. They don't care about projects for their district. They were elected to kick ass and that's what they are going to do, and they don't care a WHIT about any media criticism.
They are the most dangerous force Washington has seen. They are politicians who don't care about re-election.
1. Dims dance to Pelousy - all of them.
2. The sodomized Bill will go past the election.
3. The Blanaced Buget Amentment will be stripped.
4. It cuts 0 spending.
Go long stupidity! Guess that's NFLX, LULU, etc.
btw, Price is off the list, it should be Jason (Isleep in my office) Chaffetz.
dems 1
rep 0
naivety or just plain corrupt, the representatives who passed this bill gave Obama a gift
it will playout quite close to what you have described
Yes, Democrats will be wooing non Tea Party Republicans this weekend.
Reid plan gets passed and signed next week.
You don't get it. You can't 'woo' the TEA party. They have principals. That is why the Balanced Budget Amendment was included.
AW thats cute mynhair, youre an 'activist'...:D....but youre not even aware the so-called 'Tea Party' is completely owned by the worst of the worst Kohn Brothers? Go lecture someone else fanboy.
SD!, sorry to say, but you are totally useless. Too bad Kavorkian croaked.
'Clueless' really...tell me about the Kohn brothers? We'll see who's clueless.
Oh Brother Where Art Thou was a great flick but Fargo left me flaccid.
LOL...nice one (he's been doing that all night)...what's it like to drive someone around in a Gremlin with bald tires?
Hey, Sheepdog-uno, isn't it the coke brothers? Symbol KO, big supporter/owner is like Buffett, right. The one who doesn't pay his fair share of taxes--why Snowball says that he doesn't even pay as much in taxes as his secretary. Who knew until he told us all? Maybe that is the target of the current incumbent's class warfare thingie.
Or maybe it is the Coc(aine) brothers. If so, 'it's all right.'
- Ned
you are correct, but now they don't need to be wooed, passing the bill was like allowing the Trojan Horse to enter the city
Reid will get an aborted version passed in the Senate and a "bi partisan" (sans TeePty) majority will pass it in the house
Looks like the Tea Party don't need to be wooed, don't want to be wooed.
Seems the Tea Party wants the Establishment to own this.
It is a lose the battle, win the war strategy.
I sense the rhetoric after this debt deal is passed will have a real "peace in our time" feel to it.
Teaparty puppets, principals but no brains.
Do they have gym teachers and vice principals too?
Like Hell. They're being corrupted and co-opted as we speak.
Again, I hate jumping in for one side here, because both sides are absolutely not "for the people". But I do think we need reality as well. Obama and Boehner were working on a $4 Trillion dollar deal $3T in spending cuts, $1T in increased revenues, but Boehner walked away because of that Grover Norquist tool and his tea-party groupies. To keep this ponzi afloat, that plan was obviously the most logical plan we have heard of yet. And both parties are trying to keep the ponzi afloat, just for their own party or puppeteer's benefit. The tea-party are puppets of Norquist, Koch, and several lobbyist groups like American's for prosperity and Alec, and many others. I only say this because you have your head in the sand, and you think we have a chance. The truth is neither side represents us. If we come out of this coming economic implosion with either political party maintaining a say in government, we lose. We need America v.2.
Rand & Ron Paul on Fox Business with Cavuto
"I have the suspicion secret deals are taking place"
http://www.youtube.com/watch?v=T6HBF1rrZag
That's the sodomization of the Bill I have been posting for 4 hours. Try reading.
take it easy, klootzak. BB is good people.
luv ya, but just because folks aren't hanging on your every post here doesn't mean they're open game for that kind of disrespect.
goddam right they are...and they're dealing from the bottom of the deck...
someone should do a population survey of total voters the 80 new tea party representatives + republicns represent then contrast it to individual blowhards (Frank) etc. and their population representatio, this will show how the minority still is controlling the majority. Why now outcry in america. We are brainwashed by the minority. Wake up America. We are controlled by the shows of Chicago.
slewie to planet earth:
cc: ms vander heuten
mr durden
1) if the republicans do not pass a debt ceiling increase, in the short run, at least, maybe much longer, then
2) it is pretty much equivalent to a "balanced budget amendment"
3) really
4) do not tell anyone on your planet, as they will tend to become seriously confused by any real facts, whatsoever
5) destroy this message before it destroys america
6) steady now, people, steady...
slewie out, BiCheZ!
Hmmm. I personally think the whole circus is rigged. The sheep enter the bigtop wanting a show. The price of admittance is just one of those little used liberties for every show. At this point we've seen way too many shows and are running on the promise of "pay tomorrow for today's show".
I don't give a rats ass what the final outcome is because it's all coming down eventually anyway. It's just a matter of time. These cock odious noshers grabbing resources every single second (congress) to benefit themselves will never change. Not even when it's too late (as in now). Just my 2 cents worth for my first post. Been reading for 2 years now and have found that ZH is generally right in line with what my mindset has been for many, many years.
I agree with the adage of beans, bullets & bullion. Well stocked in all departments. Just sitting back munchin' popcorn watching the show.
Everyone seems to think this is a game, a spectator sport. Theyre about to find out just how serious it is. Only 1 way forward, falling dollar and rising prices and certainly no future for your kids. Yea, its just a politics game.
It's a game you, too, could play. If you'd get off your woolly ass.
Hey just keep sucking up to the Kohn Brothers there dummy.
He's the Sheep-DOG, not the sheep. No woolly ass.
Anyone who is removing financial and verbal support for the status quo IS doing something.
Wish you two bitchez would just hug it out and realize you're actually on the same side.
He's the sheep dog minus one...so next to the sheep dog. I cannot speak to the texture of his posterior.
What happens in the fields, stays in the fields. I'm sure that SD-uno will agree totally.
- Ned
{although I have it on good authority--"Sheep Lie!"}
The reality is, it is a game. The ultimate spectator sport called "politics". No children, though I do have 20 or so kids (among my goat herd) which will be quite edible should things go apocalyptic in the next several years. So I'm not concerned about "the kids future". You can scream all you want until you're blue in the face and the end result is the PAC's will have the say in what does and doesn't get rammed down our collective throats regardless of individual will. The days of voting in meaningful change are dead and gone decades ago. I have voted in the last 8 presidential, every mid-term and countless local level elections for 3+ decades only to watch it go progressively more and more to shit each and every year. The only solution is to burn it all down and start over. Hard choices? Absolutely. Bleak for the majority of the population? Yep. Tough shit. Suck it up and deal with it. It's coming whether anyone likes it or not. The question is, "how prepared is the average person?". Answer: not very.
Politicians who do not care about re-election. What a breath of fresh air. There is no way Obama is going to get 2 Trillion carte blanche to spend away. That will not happen. And he will not veto this proposal if it will make him responsible for default. What a freaking freak show.
It is a freakshow, theres not going to be a free money party coming, at best it will be bare bones to barely squeak by...its not 2008 anymore people.
Seems awfully silly considering just about anything they do can be undone if they aren't there to continue the fight, but if it makes them feel better...
Just dump the House and Senate into the Potomac and let the 40,000+ registered lobbyists run the show in broad daylight, as they have been...
What did everyone lose their minds, hypnotized by puppets dancing on the head of a pin throwing about fake money confetti? This isnt a party, everyones getting austerity measures heavy, printing to devalue the dollar more as inflation shoots up. Party now on the deck of the titanic its going down.
It could be different if you'd wake up. Have no TEA party in your basement? Start one.
Until then, STFU.
You rag and rag and rag, but put forth nothing you are doing to change things.
YOU ARE THE PROBLEM!
A 'Tea Party'? Owned by the KOHN BROTHERS? AHH HA HA HAAAA And youre trying to make it sound like I dont know what Im talking about? LOL fuck off moron sheep.
Tee off
I think you mean 'Koch'. Thanks for proving you are a moron.
http://www.youtube.com/watch?v=whXeb7Ohfkk
btw, never heard of them until the Libs brought them up, or Maurice Strong, until Beck did.
You guys are showing your asses tonight...... both of your posts are becoming tedious to read.
(Kohn think of con as in con-man…. duhhhhh)
.
Er...As opposed to the socialist democrats owned by billionaire socialist, Soros, who all lie about what they are, hate the great satan, and hope to profit from it's downfall through their manchurian president who lied about what he was to get elected? Elections have consequences, making them all cry like babies so soon is just an unexpected pleasant surprise. Wait til we get rid of the death panels, they'll be preempting it by comitting suicide.
If socialism is so great they should just say what they are and try to make their case instead of lying and pretending they're something else. That's the really big lie. It looks clear they are plenty aware it's stupider than Jupiter and ashamed to admit it.
But of course, the next time that they try this, it will be the first.
- Ned
{Have you read Coulter's recent book--she's on this case}
Actually, asshole, counting on politicians to fix the problems that they create simply by existing is even worse than doing nothing.
You claim government is the problem but screech that "the Tea party" is the solution.
Derp derp.
I doubt you're even capable of seeing the contradiction.
No you idiots that think you can associate with whores and liars and other fuckin criminals and NOT be corrupted by them are the idiots, fool.
If you TP clowns had any guts you would have ran as Indies.
You are just a flash in the pan and in a cycle or two you won't need to worry about getting elected.
YOU ARE THE CLOWN SHOW....
.
If the donkeys had any guts they'd run as marxists. Lieberman had to run as Independent because he wasn't commie enough. He was jackbooted out after being their VP candidate in 2000. They ran a third generation JPM marxist against him who lost the general election.
70% of the dems in the house were card carrying members of the socialist democrat party of america, before the last election, so I'm not calling names to be vitriolic. The necronomy is behaving as expected under their stewardship. If things don't change, 40 years from now we'll all be driving vintage cars like Cuba.
Still too afraid to read any of Marx's books, huh? Or is it that all them there words in a row is too tough for ya?
Marxist utopia is stateless. Politicians are just a temporary flaw in any healthy society.
We're getting there, quicker than you may realize, and it's got nothing to do with the gutlessness of the Dems or the dishonesty of the 'pubs.
As it was written, so let it be. Paradise beckons.
That was brave - or foolhardy.
Anything threatening the majesty of The Invisible Hand (or Jeebus, or whatever the faithful call their god) will surely be met with shrieking venom.
Good luck.
Yeah, well. Marx was a bigger fan of Adam Smith than the junkers.
A down-vote is more a concession than anything else--someone is admitting that even though they disagree, they lack the language skills to explain why.
(It's all good. Many of them have out-bred or out-earned me. We all have our individual gifts. Thinking's for the gloopy ones.)
Dang!
What happens next is QE3!!!!!!
load it up now.
You didnt say anything. Lets hear the 'QE3' amount...what is it $2 trillion? No fucking way. Maybe $500 billion? Top end of the dream, and that wont please anyone. And $200 billion comes right off the top of that to put back into govt pensions just since end of QE2. Its over.
The amount of QE3 comes straight from the last page of the amended amended Boehner soon to be KIAed bill:
That's $2.7 trillion on top of the current debt. That's a $2.7 trillion green light for the Fed to monetize and put an in kind amount of money in circulation chasing risky assets via reserve release. Remember: the Fed, more than anyone, needs the debt ceiling hike, as you can't monetize what can not be issued.
Problem solved for the next hockey stick in Q4 2011/Q1 2012 GDP.
That makes me stomach turn. Sick of this, Mynhair can go stump for politicians, Im moving to Peru I think.
Honduras is a hellofalot cheaper, and has an expedited residency program.
Just stay away from El Ceiba beach. Go inland. As far as you can get from me.
Go jump in the ocean 5 miles off shore.....swim....
Have to moor my boat 5 miles off. Depth, you know.
Check a chart. Or do something to show you know jack about anything.
So, immediately raise the debt ceiling and accept a Constitutional vote in 3 months? Tyler, can you pass that joint?
These be Dims.
um pull the heir out of you eyes,that BILL of rape was passed BY your precious party.
So since you layed it on the DIMS when the PUGS passed it , i guess you can't tell them apart either.
CLown.
wow! 36 weeks, and a turbin-top luver to boot!
I'm asceered.
Go try on a vest and see if it blows when you fasten it. You sure do.
At a burn rate of $120 billion per month, that takes us into 2013 ...
so true, it's amazing some can't see it.
The bigger problem is that until you get to some kind of a rational simple tax system, it isn't going to matter what they pass.
Dood, the "epic" revision of Q1 GDP to 0.4% for it's final reported number
was in the middle of QE2. QE2 didn't stop that 0.4% collapse. It had no value.
There will be no more QE. They are terrified.
One thing and one thing only destroyed Q1 GDP. $138 Brent.
I dont know, I think going forward its just hunker down and hope youre not directly hit. This is just retarded.
Takes one to know one.
(Sorry, couldn't resist. Too easy. I'm done now.)
QEinfinity is guaranteed. it will stop when the western fiat regime collapses... and the western fiat regime WILL collapse.
Maybe we should start electing officials by means of a lottery system. Everyone gets a chance and your only in for one or two terms max, and if you absolutely suck, a special election can be held to shit can your ass. At least then money does not buy you the position and literally anyone could become a CONgressman... I guess that could be good or bad, but the common man would be offered a chance just like the wealthy.
https://www.gunsgrubandgold.com/forum
I've heard of that system. It's called democracy. Not many places have tried it although they're running an experiment in some rural bit of Canada.
Everyones now so mesmerized they think free money just falls from the sky now at every fall off the cliff. That money is coming from somewhere, and its you and your kids and grandkids. So have fun now and 'trade it' you better do a good job and save it up because reality is about to come crashing down.
"I will take Cargo Cult for one thousand, Alex. Oh, by the way, I hope your Achilles is feeling better."
Veto? Where's "Obangus" when you need him?
Will the Muppets do a Reality show of this DC Drama?
IMO, this stalling tactic and arguing is nothing more then a shakedown of the lobbyists for more money before the Demopugnicans all slap each other on the back, go for a drink and buy a few more Cape Cod Mansions.
JMHO.
<--- Obama will throw a Hail Mary pass
<--- Obama will let the system crash, then reset
I bet that eventually the debt ceiling will be raised in order to finance a new, last minute, addition of a "Jobs and Stimulus" bill.
There won't be anybody on either side of the aisle that will vote against a massive bill designed for the sole purpose of putting people back to work, regardless of its impact on the deficit.
LOL, well 4th times a charm? Doing the same thing and expecting different results will break the trend and actually work? Dream on...all just more money down the crapper.
Uh, Robo, did you miss the Squirrel pitch? And now a football? You Ms. Clinton?
Too much for a willing suspension of disbelief.
i agree with the reset, but only after the US military is done pulverizing the rest of the world, WTC-style. Then and only then. And you can bet Obama will be a scape goat, among some other senior level windbags. Yeah...I know...what a fucked up place this planet is. All thanks to a handful of people that have taken advantage of a situation of nothing more than bleating sheep.
Sheeeeit. They are too busy bailing out banksters to stimulate the little man. They have been promising an infrastructure stimulus/jobs stimulus for 3 years now and the only thing I see that has been stimulated is wall street. It will continue until Americans have had enough and so far I don't see any signs of that happening. Everyone apparently still too distracted by ridiculous social issues like gay marriage, football, etc to care that trillions of their dollars, their childrens' dollars and their grandchildrens' dollars are being stolen by 1/10 of 1% of the population aka wall street hucksters. Everyone has their priorities I suppose.
working my way through the bill...submitted for your amusement, how bout Sec. 102. 21-23 and I quote...
21 (2) In paragraph (7)(C) (as redesignated),
22 strike ‘‘the food stamp program’’ and insert ‘‘the
23 Supplemental Nutrition Assistance Program’’.
SNAP bitchez!
QE3 is here
TeePty neutered
Mission Accomplished
lots of noise over the weekend but it is a done deal watch the equity and commodity markets roar on Monday
Well, I have to save the world in your names tomorrow, because you won't . Bid you all adieu.
Please, no cheering.
ok english majors...congress is telling you what "emergency" and "unanticipated" mean...don't argue...its the law (maybe)
16 (c) DEFINITIONS.—Section 3 of the Congressional
17 Budget and Impoundment Control Act of 1974 is amend18
ed by adding at the end the following new paragraph:
19 ‘‘(11) The terms ‘emergency’ and ‘unantici20
pated’ have the meanings given to such terms in sec21
tion 250(c) of the Balanced Budget and Emergency
22 Deficit Control Act of 1985.’’.
VerDate Nov
English major here...WTF does that mean???
It means that you should be pissed that they're trying to legislate language...no offense intended...I wish I could write...
Here is the timeline: Reid files cloture on his bill tonight. The vote on cloture would be at 1:00 AM Sunday. 30 hours later, 7:00AM Monday, the Senate could vote on final passage of the whatever the bill is and any amendments pending to it. This amendment would be whatever the deal is. Such an amendment would have to be filed tomorrow by 1:00 PM. After Senate passage, the bill could go to the House. They would likley not have any time to amend it. They would haver to take it or leave it. Any of these timelines in the Senate could be changed by the unanimous consent of all Senators. Are they cutting it close? Yes. Will they get a deal? I think so. My guess: GOP will cave in to Dems for a longer (i.e. after the election) debt ceiling raise. Dems will give the GOP a guranteed vote on a balanced budget amendment, a joint committee with fast track consideration. DOW takes off to the moon on Monday.
Crap bill is back to the House by noon, Sat.
Call now. Might be midnite tonite. It is already written.
1 more vote in the SINate. Rule has passed.
It will come down to a few votes to pass a bill. And those Congresspeople will get to eat LOTS of pork in exchange for their votes.
CARNITAS BITCHEZ!!!!!
This whole process has just been the waiting line outside the restaurant while they filled up the bins in the all you can eat pork buffet. Those last few votes will be the 350 pounder coming in the door and shoving the server aside to get to the pork piles. It will be interesting to see what kind of crap we get served up for sloppy seconds after this act in the show is over.
I am on my back holding onto the keyboard from the fucking floor laughing through the tears....
Tyler,
Thanks for never selling out. This is the best site. Been reading since the blogspot days.
""
"tea party" republicans completely fucked Boner over the last few days. He is going to have to go deal with Democrats now...serves the douche right
We are winding down to Obama's birthday gift surprise. Of course, we have a 3 alarm drama fest in the makings.
Someone needs to call Fire Marshall Bill to ramp up the crisis.
http://www.youtube.com/watch?v=XdR2T6YKAUc&feature=related
SINate just tabled Boner 3.0. Expect the crap bill tomorrow. By noon.
Tee times, and all.
Yep - now Harry "I, and I alone, will determine what is a compromise" Reid (DoNothing-NV) will junk-up the bill, strip the BBA (the only thing worthwile in this otherwise steaming pile of shiite) and get enough crapweasel senate "Republicans" to send it back to the House.
The Teleprompter will get his no-string-attached brand-spanking new Visa card to replace his just maxed-out AmEx. The Banksters can skim some more rent. And what little is left of the US middle class can die a slow, painful death.
It's the feel-good story of the summer.
When is the movie coming out? Will it be 3D? Sell the rights to Hollywood and retire to the tropics.
Nope. I'm now firmly "no deal".
Either Obama invokes the 14th, or the countdown to martial law begins by prioritization.
You guys are about to find out how many people and how much of this country is reliant on the Feds.
They are saying that Senate killed Boehners bill at msnbc.com
8:25 PM Senate just voted 59-41 to defeat House deficit Bill.....must have speed readers in the Senate...So much for that!!
Followed by the rule on the shit bill - passed
Next the Cloture vote, it will pass.
Final pass, a given.
Back to the House. Partee Time!
Who wants another term?
yep.
for now. this ain't dead. the senate Ds under reid can screw around and pull something out of the hat. they have a majority.
the way to get a ^debtCeiling^ law is the have the Ds take over. the Rs had a basic choice: stop the legislation in the House or not. if they don't cave to the banksters, there is no legislation.
now, if/when the crooks in the senate get the deal done, they can send it back to the House.
now it is gonna be tough for Rs in the House to renege on a nice compromise bill to raise the debt ceiling. so, it will most likely pass. i doubt if the House Rs can cobble enuf of anything together if/ when the Senate tosses back the Bankster Bill that boehner incomprehensively launched.
see what happens.
when boehner paused and held the bill, yesterday, i thought he had the votes. the puase was the signal to give china, the imf, wall street, economists, timmah, and analysts a chance to say "you are acting irresponsibly if you risk DEFAULT and so on." and then prez0 leading up to boehner serveing up the beachball for the Ds and the banksters.
so, everybody got to bat and i don't know how the amendment will work out, b/c it's irresposible to not borrow the money, even if you don't default in a million years. plus that house vote, if correct, is very good for the political GDP because some campaigns got financed here for some great selling out. the pork will flow in the new budget.
maybe somebody will throw him/herself onto the gears for a while, legislatively.
probably a bit late to start making public statements about anything treasonable, for anybody. take a knee.
Three letters for you -- D O A.
<Paste from CNBS>The Senate swiftly rejected Boehner's debt-limit plan just hours after the House passed it. The House plans to vote on Reid's plan Saturday, which would pave the way for a bipartisan compromise.</paste>
"Bipartisan compromise" is good for another 20 S&P points up. Review: "compromise" is a retreat from rationality. Market reaction to said words is an abstraction on that irrationality.
It's as exciting as rolling over a payday loan and heading down to the liquor store with your debit card.
There's no Saturday if you do Friday right.
both total dogs
Reid already tabled the Boner House Bill.
The meaningful vote already occurred. DOA in the Senate -- 59-41.
And then the real question: Is prioritization even legal, since it does not originate in the House?
Scr&w this hope and change. I'm heading to Mexico for a job as an illegal:
http://www.sacbee.com/2011/07/28/3799513/improving-mexican-economy-draws.html#ixzz1TXMTenGF
For God's sake Boehner - put some pork in the bill and buy the needed votes with a new bridge or other Federal freebies. Let's get it over and move on - thas has been an awful play with really bad actors.
"once in a lifetime"
http://www.youtube.com/watch?v=I1wg1DNHbNU
Boehner bill DOA...all above commentary null and void. Apparently only acceptable bill says 'Blank checks forever, no cutting of any spending ever, bitchez'
ah ahhhh just saw a live broadcast (BBC) of Senator Schumer
the sound on the screen was off but if ever in my life was there an image of the Cat Bird
that was it
hats off to the brave few true TeePty types sorry for your loss
as for the rest .. I hope the reward was worth it because you just sold out your country
Sen. McConnell tells Reid to stick it where the sun don't shine.
He will not negotiate with him on debt, just with Obama
you sir are as naive as the TeePty types that supported boner's bill, McConnell is Olympia Snowe in drag (or visa versa)
Why does Boner need to compromise? WTF can't Harry 'I suck banker cock' Reid compromise? Thanks Nevadans you fucks! Whatever man...
Looks like Connie Mack's "Penny Plan" is gaining speed. Even Sean Hannity supports it for now. Looks like we'll have a deal before the market opens on Monday.
Its a god damn miracle you earned enough money to buy a computer, set up internet access, and found this website. Proof that even a 3 legged, mentally challenged, blind squirrel can find a nut.
Scrat in Ice Age... You tube!
http://www.youtube.com/watch?v=e1tdfucQfCo
"the revised revised Boehner plan has passed the Congress"
correction, the statement should be:
"the revised revised Boehner plan has passed the House"
"Congress" means BOTH chambers, House & Senate, and the Constitution uses the names accordingly.
Misleadingly, members of the House are referred to both as "representatives" and "congresspersons".
correction, the statement should be:
"the revised revised Boehner plan has passed the House of Morgan"
And the corporation UNITED STATES OF AMERICA that governs all federal citizens (anyone who has been defrauded into a contract with the US - ie SSN) should be referred to as a CongressPrison.