According to a senior Congressional Democratic aide and two Congressional Republican aides while the Boehner bill was pending all day Thursday, there were *no* quiet negotiations toward a compromise solution between Democratic and Republican leaders on either side of the Hill. Per the senior Democrat, yesterday Senate Democrats were available to talk to House Republicans but Republican leadership was too busy vote counting to talk about next steps. A House Republican leadership aide puts it differently: there were no negotiations because leadership is committed to the Boehner bill not a compromise. On the Senate side, both the senate Democratic and Republican aides say to date, Senate Republican leaders have been unwilling to break with Speaker Boehner and cut a separate deal with Senator Reid.
Bottom line another day went by, no more progress toward a compromise.
John Boehner had the opportunity to snap these Tea Bag Freshmen into line as soon as they were sworn in. Instead, he capitulated to them and they grew bolder. Now he is stuck with these cretins until they are voted out of office...along with him!
There has not been any negotiations since this man-made crisis started. Negotiaions imply a level of give-and-take. What we see from the House Republicans is a lot of "take" and not an inch of "give."
All we have from the president and Harry Reid is a bunch of words. They need to present an iron clad plan and have it scored by CBO like the Reoublicans. The only ones not compromising are the liberals who dominate the democrat party. There is no leadership from president Obama at all, just words. Economic growth is slowing to a stall and unemployment is still over 9%., consumer confidence is down, and people are not spemding. Businesses are affraid to invest because this administrations anti growth and anti business agenda is choking it off.
Get your facts straight or you must be watching Faux News too much, the CBO did review the Senate plan and was much lucrative than the House one (Rethugs Plan). BTW since the Republicans got the House unemployement has risen the Democrats had the economy going the right way until you all got brain washed again by the rich once again! Lastly, how many job have Republicans created since?? None, they are actually in the negative. They just more tax cuts for the rich, the super rich! You are a sad story Rob, just another sheep.
No, Rob. The president is NOT required to present anything revolving arouund a debt limit increase. Under the constitution, he presents a proposed budget...and it's not budget time yet. All that is required now is a one line bill to change the debt limit that comes from congress... The Prez is not a dictator, although you Republicans think they are.
They are trying political coupe...for which wise people won't fall...only the brain addled teapotty.
You've got to know when to hold'em and know when to fold'em and Boehner didn't know either. Economic ground has already been lost, markets that dropped also dropped the publics 401K's, small business struggling to get credit to survive have already been hurt, America's credit rating at risk giving a push to have Obama invoke the 14th amendment. That forces us to pay our debts (China) first. That means interest rates will go up and that is painful to the housing and automobile industries. Means more losses in your 401K. That means Grandma isn't going to get her SS check and it means that our boots on the ground who are shedding their blood in Iraq/Afganistan will not get paid. That in itself is pretty un-forgivable all in the name of political theater. Boehner should have known he was holding his cards too long. Boehner should have folded and accepted a White House loss in 2012 for gains in both the House and Senate. But Boehner did know when to hold'em or when to fold'em. American's will remember that when they walk into the voting booth with a reduced 401K, Grandma can't buy her meds, and boots on the ground are bled out.
And buried behind all of the debt news is this: "The economy expanded at meager 1.3 percent annual rate in the spring after scarcely growing at all in the first three months of the year, the Commerce Department said Friday. The combined growth for the first six months of the year was the weakest since the recession ended two years ago. The government revised the January-March figures to show just 0.4 percent growth — down sharply from its previous estimate of 1.9 percent."
How are democrats going to spin this? When is enough, enough? Obama should do the whole country a favor and resign immediately.
And it coincides with the time the Rethugs were voted in the House. Sorry, once again trickle down economics is a myth. One last thing, Bush Jr. raised the debt ceiling 10 times while in office. Where were all the TeaBaggers (aka Bushies loyals) then???
They don't have to. See, before the House was hijacked, the economy was growing. Now, that the house is hijacked, other than cuts, nothing has been offered by the house to create jobs. Cutting DOES NOT create jobs. Never has. Uncertainty does not create jobs either. We have a wealthy class uninterested in creating jobs in this country because they are not incentivized to do so. Our tax code encourages them to keep their money or spend it overseas. The whole conservative premise is false. Look at England. They are doing what the tea party has done here, and their economy is stagnant. At least we were growing. It's a sad testament we are stuck with economic policies that have ruined this country the last 30 years.
If Obama and Biden resigned, we would have Mr. Boner. I'd keep Obama in heartbeat!
By all accounts, Boehner and Obama had a deal cut, but their respective parties would not back them. Unfortunately, the only give I've seen is from the Democrats. I suspect the reason they're unwilling to go the extra mile is that the Tea Partiers are not willing to give one inch. It's all take, take, take, where they're concerned. Someone should look up the work compromise in a dictionary and send it to them.
Wouldn't help. They can't read...
You demonstrate the same contempt as your president. No wonder he can not get the job done.
@ Jay but she is right.
THE REPUBLICANS HAVE TEA BAGS FOR BALLS!!!
ARE THERE NO MEN IN CONGRESS???
The Tea Party is really the ..... TEA POTTY ..... & I am not talking about the BOSTON ACCENT.
The TEA POTTY is where all good ideas get washed down the toilet, leaving only a few skid marks to be turned into TEA POTTY rhetoric.
The TEA POTTY sect wishes to relive a certain incident which occurred in Boston Harbor on Dec.16,1773.
They somehow equate the American Colony's protest against a 'tax on tea' with the current political situation.
In other words, they wish to overthrow the current Government & set up a White Supremacist Nation where Liberals, Gays, Blacks, Jews, darker skinned Latinos, Muslims, Buddhists & all NON-Christians will have some semblance of democracy until they are slowly & inevitably exterminated.
Except of course for those UN-EQUALS who are unusually well trained & educated & can become useful in the new America.
Professional Athletes for example!
The TEA POTTY movement (think bowel) needs to be flushed down the proverbial sewer where it sprang up from.
Like a new infectious disease which gathers strength quickly & mutates, the TEA POTTIERS will eventually be destroyed by a combination of disinfectants such as the MAJORITY of the American People will supply.
So you are saying that the American Colony's protested to set up a White Supremacist Nation? Do not recall that in any history book. I thought that England was white, go figure.
Your post is just typical name calling with out any true substance. We get it that you have hate the Tea Party, but why? You complain about President Bush running up the national debt yet embrace this president adding $4 trillion, and with the Democrats plan $2 trillion more.
Was in't your president, as Senator, that voted NO on raising the debt? Maybe he is a closet member of the Tea Party.
@ Jay in NC ....The teapotty forgets to learn history...no that is not what gandoman said at all.
He said you are trying to overthrow our current government to install a Nazi government, were as, the true original colonist were only protesting taxes without representation...they were definitely not against taxes per se, but were against the fact that Britain was imposing a tax without someone to represent them in Parliament. They did not even object that the taxes were unreasonable or high since they were cheaper than the mainland English people were paying. Actually, after the Revolutionary War taxes were much higher for the new states than they had been before the war. And for added information many black men served in the Revolutionary Army.
Actually the Colonist Revolutionaries were not teapotty conservatives; the conservatives were loyalist who got on the boats and went back to England, Bermuda, and the Bahama's. The Colonial Revolutionaries were progressive liberals.
What Jay doesn't know about history would fit in a thimble.
Look up Black Revolutionary War Patriots....look up Crispus Attucks.
Read: Monday, June 13, 2011
"Monument for black patriots gains support"
By Ellie Oleson CORRESPONDENT: at News Telegram com
Taxation with out representation. That's kind of like you all are trying to do to the people that voted the Tea Party into power. You want to take away their Representatives.
Wow Jean, thanks for the compliment. "What Jay doesn't know about history would fit in a thimble." It is true, there is very little that I do not know.
By the way, how's that SS savings account working out for ya?
@Jay.....I think you better reread what I said it is not a compliment. There is a whole lot you don't know. You must be at that age when you think you know everything; one day you will mature and realize older people knew a whole lot more.
Actually, I have no worry about a SS check, already being a retiree any changes will not affect me, but they will the future... I hope cooler heads (not yours) will prevail for the stability of the retirement of the next generation. Since I'm positive history will prove me more right than it will you ...I am pretty sure not everyone is going to retire a millionaire, and they will need SS...not your gas chambers.
Thankfully the teapotty bill is DOA in the senate.
@norma wilkinson...maybe not...even John McCain knows the teapotty people are idiots. He called them "Hobbits" which is not exactly how I would describe them...my selection of "Lord of the Rings" characters would have "Gollum" or "Morgoth". I actually think they picked that old man and silly woman knowing full well they would lose. They knew G. W. Bush's failed policies through his pandering to big business on our credit care were due to cause a big mess.
Read: Published on Monday, July 18, 2011 by Ms. Magazine Blog
"What Deficit Hawks Don't Know Will Hurt Us All"
A Feminist Economist Speaks Out: Deficits are a Grrrl’s Best Friend
by Susan Feiner @ commondreams org.....it is a good read.
Jean you shot your credibility with the SS debate. Claiming that it is money that you loaned the government and that they agreed to pay it back plus interest. Ha, ha, ha, we laughed at that all week. Your SS is not guaranteed, the Supreme Court ruled way back in 1960 that you do not have a claim to its value. Again, it is a tax, plain and simple. Hope and dream all you want but it is not guaranteed. The world can see your ignorant rants, and is laughing.
@Jay from: Trust Fund FAQ at http://www.socialsecurity.gov
No Jay ...you have shot your side of the debate...since in the end, the federal government has made the same bargain with it's veterans, its own employees, and social security recipients....and believe me the folks in Washington know on which side their bread is buttered. Unlike those of you who represent foreign big business interest.
Just a few items from the page:
What were the amounts of securities bought and sold during recent years? The amount bought in 2010 was $1,020 billion, while the amount sold was $929 billion. See investment transactions for more detail and earlier years.
Why do some people describe the "special issue" securities held by the trust funds as worthless IOUs? What is SSA's reaction to this criticism? As stated above, money flowing into the trust funds is invested in U. S. Government securities. Because the government spends this borrowed cash, some people see the trust fund assets as an accumulation of securities that the government will be unable to make good on in the future. Without legislation to restore long-range solvency of the trust funds, redemption of long-term securities prior to maturity would be necessary.
Far from being "worthless IOUs," the investments held by the trust funds are backed by the full faith and credit of the U. S. Government. The government has always repaid Social Security, with interest. The special-issue securities are, therefore, just as safe as U.S. Savings Bonds or other financial instruments of the Federal government.
Many options are being considered to restore long-range trust fund solvency. These options are being considered now, over 20 years in advance of the year the funds are likely to be exhausted. It is thus likely that legislation will be enacted to restore long-term solvency, making it unlikely that the trust funds' securities will need to be redeemed on a large scale prior to maturity.
Were the assets of the Social Security Trust Funds depleted in the past? The assets of the larger trust fund (OASI), from which retirement benefits are paid, were nearly depleted in 1982. No beneficiary was shortchanged because the Congress enacted temporary emergency legislation that permitted borrowing from other Federal trust funds and then later enacted legislation to strengthen OASI Trust Fund financing. The borrowed amounts were repaid with interest within 4 years.
@Jay...please explain if it wasn't money owed the American retiree then why would the government be worried about beneficiaries of that fund being shortchanged, or worried that the amounts borrowed and owed to the Trust Fund be repaid not only the amount that was borrowed, but repaid with interest?
The government has very strict laws about retirement pension Trust Funds, even for those of businesses which operate their own for retirees..Why would you be so naive as to think they don't have very strict laws about the ones they operate.?
****"No beneficiary was shortchanged because the Congress enacted temporary emergency legislation that permitted borrowing from other Federal trust funds and then later enacted legislation to strengthen OASI Trust Fund financing. The borrowed amounts were repaid with interest within 4 years."
@ Jay as to your claim you are not represent...lotsa luck with that one...you do vote right? Therefore you are represented...unfortunately you have thrown your lot with a group of morons that are brainwashed by big off shore business into voting against their own best long term interest.
Bottom line Karl Rove, war profiteers, big oil, Koch brothers, the union-busting owner of Murdoch press, and all of Citizen's United doesn't care about America or Americans.
Jean, you claimed that SS is money that you loaned the government and that they agreed to pay it back plus interest. Where is the proof, show me the law that says 1) it is a loan, 2) they have to pay back your principle, 3) they have to add interest, and please 4) that you have a monetary claim to the tax you paid in.
These are all points that you claimed, just smoke, no truth. This is the root reason that Liberals fail. If you all truly believe the lie you have told no wonder you are mad at the Republicans. Knowing the truth will help you understand the other side. SS is a tax.
If what you say is true that .. "The Colonial Revolutionaries were progressive liberals." That must explain why George Washington and the others did not abolish slavery. Did not make all men/women equal. After the Revolutionary war England abolished slavery but the founding fathers continued the practice all their lives.
Yep, Liberals want to own people, keep them in debt, make them subject to their failed racist, slavery social programs. Talk about giving a man a fish, the Liberals want to also hand feed you. Jean said it best, that the Liberals founded this country, slavery and all. But I am sure that was President Bush's fault as well.
Jean, I never said that I was not represented. I said that if you all want to kick out the Tea Party, not give them a voice in the government then you are guilty of "taxation with out representation." No wonder you all are such angry, hate filled people. You do not take the time to understand the other sides point of view. Just jump to conclusions that someone is dumb, stupid, or illiterate simply because they don't, on the surface, agree with you. You never try and find any common ground, just tell a lie about SS, then call names.
Why would you not agree with a balanced budget? Wouldn't that be the best way to force taxes to pay for spending? Wouldn't that fit your goal of having as much money as you wanted to spend, with out running up a debt? On one hand you complain that President Bush had two unfunded wars, yet you do not want to force your president to a balanced budget. A little hypercritical.
The only thing that makes me smile through all of this is that it's already too late for Teapublithugs. We now know what we've suspected all along....that they want to sack SS and Medicare to give tax subsidies to oil companies and other billion dollar corporations. Recipiates of these programs are willing to give their part to help rid us of this debt, but that's not good enough for the Teapublithugs. Old people vote in droves and we're not gonna forget. Teapublithugs are toast....and they'll be outta here.
TO ALL THE COMPLAINERS REGARDING OUR PRESIDENT!!! WE COULD HAVE HAD JOHN MCCAIN AND SARAH PALIN!!!! MAYBE YOU'D HAVE BEEN HAPPIER????