BREAKING NEWS: Here's the Deal per Boehner Conference Call tonight

 

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...

 

 



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Comment by DURWIN WALTER DAVIS on July 31, 2011 at 9:28pm
To all of you voicing disappointment; Hussein, Reid, and Pelosi have filed ultimately in that they have further awackened the sleeping Elephant.  I am a Tea partier first and foremost.  We have exercised our muscles in the Potomac Sewer, where DemoRats are king...for a few more months.  We will in two years, cleanse ourselves of repugnant RINOs and their DemoRat compadres.  We need to exercise more on securing our borders, and sending the criminal invaders and their anchor babies back to where they came.  Our Tea Party champions are to be commended for wringing the necks and backs of the DemoRats to where they now stand mortally wounded.  Pelosi and Reid will retire or face criminal prosecution for a myriad of charges.  They will be given the option.  Hussein and Holder will not be granted such ease.  I pray they will both be financially ruined from expensive D.C. criminal law firms.  Deservedly disgraced.  For this, we must realize we did not get it all.  It was the fight that was important.  The pinko media tried to demoralize the T-Partiers by saying the Elephants were stampeding in disarray.  So what?  The Tea Partiers stood like the original minutemen in Concord and Lexington.  We are now planning our next assault on the DemoRatzis.  Be of good cheer.  This was a win-win battle for us.
Comment by Patriot One on July 31, 2011 at 9:22pm

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.

Comment by Steven D.Upshaw on July 31, 2011 at 9:11pm
More of the same from Washington.  Nothing has changed. Nullification is the answer.
Comment by 85MCstang on July 31, 2011 at 9:09pm
As shown below......good luck with that. It is smoke and mirrors.
Comment by 85MCstang on July 31, 2011 at 9:09pm

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.

Comment by 85MCstang on July 31, 2011 at 9:05pm

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.

Comment by Raymond T Brown on July 31, 2011 at 9:04pm

From what I've read elsewhere, this deal will also kill the Bush-era tax cuts in 2012.

Comment by Tony Bates on July 31, 2011 at 8:55pm
From my reading of the power point - passage of Balanced Budget Amendment(BBA) is no longer required but there is a guaranteed vote. If votes are not sufficient to get it to the states there will be more spending cuts. I can agree with that. I never thought passage should have been a requirement but that assurance of a  vote should be part of a deal.  We will now have a vote of record for the 2012 elections on the BBA. At this point I am not prepared to comment on the rest of the proposal. My concern is that in the past promises(agreements) on spending cuts failed to be fulfilled.   
Comment by 85MCstang on July 31, 2011 at 8:55pm

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.

Comment by Beth Korey on July 31, 2011 at 8:54pm

It's really a sellout.  It's all about compromise and the Republicans are the only ones that give up

anything...What a joke. 

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