Thursday, July 28, 2011

Obama should lead, follow, or get out of the way.

With five days remaining before the government is forced to drastically cut services to avoid a default, Republicans have a bill that can't pass the Senate, and Democrats have a bill that House Republicans hate, this is what hope and change looks like, polarization and class-warfare.

You can't lead from behind. The president has not even put anything is writing. All we get from Obama are platitudes, promises, and threats, along with what he will not go along with. This has been a critical debate concerning our country's budget, and our future. Obama and the democrats have been completely absent and hiding in the bushes. Leaders must take risks, not just watch the polls and go along with whatever will get them re-elected. We have a total lack of leadership and a FAILURE of the the exectutive to do his job. When Obama tells us we must share the sacrifice, what is he sacrificing ? NOTHING !

Boehner should be given credit for trying, he has stuck to the principles that got him elected, smaller govt, less spending. In the end he will get more than the dems wanted to give up, and it is a step in the right direction, but a long way from anything substantial to turn the tide against the beast that is devouring our
wealth, and freedom.

The CBO likes Boehner's plan,they haven't mentioned Obama's plan yet, Oh, wait a minute, he has no plan !

According to the CBO, Boehner's plan is good. It's cuts now exceed the amount by which his plan would initially raise the debt ceiling. Their analysis concludes that his proposal would cut and cap spending by $917 billion over ten years It would also cut $22 billion in spending over the next year, and reduce discretionary expenditures each year thereafter. Boehner's new plan also requires Congress to propose at least another $1.8 trillion in spending cuts." So of course, Harry Reid has said it is DOA before he sees it, and is vowing to vote it down, and just in case it should get past the Senate, Obama is vowing to veto it.

Dear Mr. Speaker:

As you requested, the Congressional Budget Office has estimated the impact on the
deficit of the Budget Control Act of 2011, as posted on the Web site of the Committee on Rules on July 25, 2011.

...

In total, if appropriations in the next 10 years are equal to the caps on discretionary spending and the maximum amount of funding is provided for the program integrity initiatives, CBO estimates that the legislation would reduce budget deficits by about $850 billion between 2012 and 2021 relative to CBO’s March 2011 baseline adjusted for subsequent appropriation action.

As requested, CBO has also calculated the net budgetary impact if discretionary savings are measured relative to its January baseline projections. Relative to that baseline, CBO estimates that the legislation would reduce budget deficits by about $1.1 trillion between 2012 and 2021.

At least it's a plan.

So there it is, Boehner has proposed a $850 billion reduction over 10 years, a minuscule $85 billion a year on a deficit of $1.4 trillion. It is far worse than it looks because it is heavily back-loaded.

Unfortunately I think that Boehner's plan which is the best so far, is a joke. He has proposed a $850 billion reduction over 10 years, a measly $85 billion a year on a deficit of $1.4 trillion, and it's heavily back loaded. but at least it is a plan.

But it's not surprising that various Tea-Party members will not vote for it.
If we pass Obama's plan we get to see what's in it, again.

Obama's press secretary when pressed on the issue finally admitted what we already knew. Obama has no plan, or at least he doesn't want to put it to paper, so it doesn't become politically charged, in other words, we have to pass it to see what's in it again.

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