Good evening - -
As the President announced this evening, there is an agreement among the Congressional leaders that will provide for an increase in the debt limit while cutting spending and tackling the long-term fiscal health of the country.
Attached is a powerpoint presentation that Speaker Boehner shared with the GOP Conference on a conference call this evening. The presentation can also be found here: http://www.speaker.gov/UploadedFiles/3-7-31-11-Debt-Framework-Boehn...
Comment
Its all just more of the same old Scam, right down to the timing of the presidents speech. 8:30pm. Eastern time. It just so happens that was done to check the Asian markets and it worked at least for now. Hang Seng and the Nikkei opened higher, but I don't think it will last.
Marco Rubio spoke the painful truth and we should heed what he said.
There are essentially two ways spelled outin the Constitution for how to propose an amendment. One has never been used.
The first method is for a bill to pass both houses of the legislature, by a two-thirds majority in each. Once the bill has passed both houses, it goes on to the states. This is the route taken by all current amendments. Because of some long outstanding amendments, such as the 27th, Congress will normally put a time limit (typically seven years) for the bill to be approved as an amendment (for example, see the 21st and 22nd).
The second method prescribed is for a Constitutional Convention to be called by two-thirds of the legislatures of the States, and for that Convention to propose one or more amendments. These amendments are then sent to the states to be approved by three-fourths of the legislatures or conventions. This route has never been taken, and there is discussion in political science circles about just how such a convention would be convened, and what kind of changes it would bring about.
The problem is it sometimes takes years to get states to vote on an amendment. So when do the cuts take place? No cuts? Amendment gets stalled at the state level....and spending never gets cut? Too many loopholes and they know it.
From what I've read elsewhere, this deal will also kill the Bush-era tax cuts in 2012.
This thing is full of wriggle room. I wonder if I should find it amazing that the politicians think they can fool the electorate so easily. It is an insult, but it is also quite sad.
It's really a sellout. It's all about compromise and the Republicans are the only ones that give up
anything...What a joke.
If you're not already aware. This is what's going on in DC while dangerous criminals are allowed back out on the streets. It's horrifying that this is happening to our citizens and veterans for protesting the hijacking of our election process. This is still happening! They are STILL being tortured and treated like full on terrorists.
You may not be aware of the typical things they're forced to go through...…
ContinuePosted by Babs Jordan on August 14, 2022 at 8:44am
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