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Debt crisis: Republicans scramble to rewrite plan following figures bungle
Embarrassment for Congress speaker John Boehner after budget office finds $350bn hole in his original proposal Graeme Wearden guardian.co.uk, Wednesday 27 July 2011 10.07 BST Article history The US debt crisis has escalated after Republicans were forced to rewrite their proposal to lift the debt ceiling, because they miscalculated how much the original plan would cut spending. In an embarrassing development for John Boehner, the Republican Congress speaker, the Congressional Budget Office (CBO) ruled on Tuesday night that his bill would have only cut spending by $850bn (£517bn)over the next decade, not the $1.2tn he had aimed for. Republicans are now racing to rewrite the legislation, and have pushed back a congressional vote on the plan from Wednesday to Thursday at the earliest. Although Boehner was already struggling to find support for his package, the delay increases the risk that Washington will fail to agree a deal to raise the debt ceiling before 2 August, when the federal government is expected to run out of money. - - - Another one of those well-thought-out blank pages Republican proposals... |
#2
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On 7/27/2011 6:31 AM, X-Man wrote:
Debt crisis: Republicans scramble to rewrite plan following figures bungle Embarrassment for Congress speaker John Boehner after budget office finds $350bn hole in his original proposal Graeme Wearden guardian.co.uk, Wednesday 27 July 2011 10.07 BST Article history The US debt crisis has escalated after Republicans were forced to rewrite their proposal to lift the debt ceiling, because they miscalculated how much the original plan would cut spending. In an embarrassing development for John Boehner, the Republican Congress speaker, the Congressional Budget Office (CBO) ruled on Tuesday night that his bill would have only cut spending by $850bn (£517bn)over the next decade, not the $1.2tn he had aimed for. Republicans are now racing to rewrite the legislation, and have pushed back a congressional vote on the plan from Wednesday to Thursday at the earliest. Although Boehner was already struggling to find support for his package, the delay increases the risk that Washington will fail to agree a deal to raise the debt ceiling before 2 August, when the federal government is expected to run out of money. - - - Another one of those well-thought-out blank pages Republican proposals... Why is Obama still insisting he be written a blank check. He is standing in the way of Congress working to come together to try to solve this problem. ONE MAN is standing in the way of making progress. He has successfully Polarized Congress and increased the chances that he will have his way. Do you really want to give into the lies and false hope and dubious change. Surely, by now, you see the path this man is leading us down is ruinous. |
#3
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On 7/27/11 9:51 AM, Jay wrote:
On 7/27/2011 6:31 AM, X-Man wrote: Debt crisis: Republicans scramble to rewrite plan following figures bungle Embarrassment for Congress speaker John Boehner after budget office finds $350bn hole in his original proposal Graeme Wearden guardian.co.uk, Wednesday 27 July 2011 10.07 BST Article history The US debt crisis has escalated after Republicans were forced to rewrite their proposal to lift the debt ceiling, because they miscalculated how much the original plan would cut spending. In an embarrassing development for John Boehner, the Republican Congress speaker, the Congressional Budget Office (CBO) ruled on Tuesday night that his bill would have only cut spending by $850bn (£517bn)over the next decade, not the $1.2tn he had aimed for. Republicans are now racing to rewrite the legislation, and have pushed back a congressional vote on the plan from Wednesday to Thursday at the earliest. Although Boehner was already struggling to find support for his package, the delay increases the risk that Washington will fail to agree a deal to raise the debt ceiling before 2 August, when the federal government is expected to run out of money. - - - Another one of those well-thought-out blank pages Republican proposals... Why is Obama still insisting he be written a blank check. He is standing in the way of Congress working to come together to try to solve this problem. ONE MAN is standing in the way of making progress. He has successfully Polarized Congress and increased the chances that he will have his way. Do you really want to give into the lies and false hope and dubious change. Surely, by now, you see the path this man is leading us down is ruinous. It's easy to tell you've been swapping spit and DNA with Canuck-Knuckles. |
#4
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Jay wrote:
Why is Obama still insisting he be written a blank check. He is standing in the way of Congress working to come together to try to solve this problem. ONE MAN is standing in the way of making progress. He has successfully Polarized Congress and increased the chances that he will have his way. Do you really want to give into the lies and false hope and dubious change. Surely, by now, you see the path this man is leading us down is ruinous. We'll know the answer to that in about 5 1/2 years! Just about when I get my smoker finished! |
#5
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On 27/07/2011 7:51 AM, Jay wrote:
On 7/27/2011 6:31 AM, X-Man wrote: Debt crisis: Republicans scramble to rewrite plan following figures bungle Embarrassment for Congress speaker John Boehner after budget office finds $350bn hole in his original proposal Graeme Wearden guardian.co.uk, Wednesday 27 July 2011 10.07 BST Article history The US debt crisis has escalated after Republicans were forced to rewrite their proposal to lift the debt ceiling, because they miscalculated how much the original plan would cut spending. In an embarrassing development for John Boehner, the Republican Congress speaker, the Congressional Budget Office (CBO) ruled on Tuesday night that his bill would have only cut spending by $850bn (£517bn)over the next decade, not the $1.2tn he had aimed for. Republicans are now racing to rewrite the legislation, and have pushed back a congressional vote on the plan from Wednesday to Thursday at the earliest. Although Boehner was already struggling to find support for his package, the delay increases the risk that Washington will fail to agree a deal to raise the debt ceiling before 2 August, when the federal government is expected to run out of money. - - - Another one of those well-thought-out blank pages Republican proposals... Why is Obama still insisting he be written a blank check. He is standing in the way of Congress working to come together to try to solve this problem. ONE MAN is standing in the way of making progress. He has successfully Polarized Congress and increased the chances that he will have his way. Do you really want to give into the lies and false hope and dubious change. Surely, by now, you see the path this man is leading us down is ruinous. Yep. And I get a kick out of Obama's use of "compromise", yep, compromise America's future with debt-bankruptcy. No real American would want to see his country hit hard with debt-bankruptcy. CNN didn't report like the UK, Russian and Chinese media on Hilary being called in by the Chinese for a meeting. Your liberal media is brainwashing America. Moody's downgrade should have happened years ago. Any time a debtor has to print money to pay its debts, that isn't borrowing, and isn't solvent, it is bankrupt. Bernanke US Fed fraud, call it something sexy like Quantitative Easing but most know it for what it is, currency fraud. Fact is US is unable and unwilling to pay its bills with real money. Thus, a AAA rating is 100% bogus. Tells me Moody's as a rating agency isn't worth a dead rats cold ass. Obama is ruing the US. No country ever that has tried this economic policy has succeeded. None. Plenty have tried and have had major economic fallouts from it. Some even got wiped out as nations and not just the ensuing poverty. How many know that in just 5 years the USD has lost over 30% of its value against the Yuan? Pretty bad when the Mexican peso outperforms the USD for 2 years now. -- Obama, enslaving Americans with debt-tax slavery for a spending binge. Doesn't even borrow real money, Bernanke just creates it like a counterfeiter. . |
#6
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On 27/07/2011 7:55 AM, basskisser wrote:
Jay wrote: Why is Obama still insisting he be written a blank check. He is standing in the way of Congress working to come together to try to solve this problem. ONE MAN is standing in the way of making progress. He has successfully Polarized Congress and increased the chances that he will have his way. Do you really want to give into the lies and false hope and dubious change. Surely, by now, you see the path this man is leading us down is ruinous. We'll know the answer to that in about 5 1/2 years! Just about when I get my smoker finished! Did you see Obama approval ratings? All time low. At this rate Obama doesn't stand a chance in 2012. -- Obama, enslaving Americans with debt-tax slavery for a spending binge. Doesn't even borrow real money, Bernanke just creates it like a counterfeiter. . |
#7
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On Wed, 27 Jul 2011 09:53:25 -0400, X-Man wrote:
On 7/27/11 9:51 AM, Jay wrote: On 7/27/2011 6:31 AM, X-Man wrote: Debt crisis: Republicans scramble to rewrite plan following figures bungle Embarrassment for Congress speaker John Boehner after budget office finds $350bn hole in his original proposal Graeme Wearden guardian.co.uk, Wednesday 27 July 2011 10.07 BST Article history The US debt crisis has escalated after Republicans were forced to rewrite their proposal to lift the debt ceiling, because they miscalculated how much the original plan would cut spending. In an embarrassing development for John Boehner, the Republican Congress speaker, the Congressional Budget Office (CBO) ruled on Tuesday night that his bill would have only cut spending by $850bn (£517bn)over the next decade, not the $1.2tn he had aimed for. Republicans are now racing to rewrite the legislation, and have pushed back a congressional vote on the plan from Wednesday to Thursday at the earliest. Although Boehner was already struggling to find support for his package, the delay increases the risk that Washington will fail to agree a deal to raise the debt ceiling before 2 August, when the federal government is expected to run out of money. - - - Another one of those well-thought-out blank pages Republican proposals... Why is Obama still insisting he be written a blank check. He is standing in the way of Congress working to come together to try to solve this problem. ONE MAN is standing in the way of making progress. He has successfully Polarized Congress and increased the chances that he will have his way. Do you really want to give into the lies and false hope and dubious change. Surely, by now, you see the path this man is leading us down is ruinous. It's easy to tell you've been swapping spit and DNA with Canuck-Knuckles. Blank check, blank check, blank check, blank check, blank check. This was the Republicans phrase for the day. Guess who picked it up? |
#8
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On 7/27/11 12:34 PM, jps wrote:
On Wed, 27 Jul 2011 09:53:25 -0400, wrote: On 7/27/11 9:51 AM, Jay wrote: On 7/27/2011 6:31 AM, X-Man wrote: Debt crisis: Republicans scramble to rewrite plan following figures bungle Embarrassment for Congress speaker John Boehner after budget office finds $350bn hole in his original proposal Graeme Wearden guardian.co.uk, Wednesday 27 July 2011 10.07 BST Article history The US debt crisis has escalated after Republicans were forced to rewrite their proposal to lift the debt ceiling, because they miscalculated how much the original plan would cut spending. In an embarrassing development for John Boehner, the Republican Congress speaker, the Congressional Budget Office (CBO) ruled on Tuesday night that his bill would have only cut spending by $850bn (£517bn)over the next decade, not the $1.2tn he had aimed for. Republicans are now racing to rewrite the legislation, and have pushed back a congressional vote on the plan from Wednesday to Thursday at the earliest. Although Boehner was already struggling to find support for his package, the delay increases the risk that Washington will fail to agree a deal to raise the debt ceiling before 2 August, when the federal government is expected to run out of money. - - - Another one of those well-thought-out blank pages Republican proposals... Why is Obama still insisting he be written a blank check. He is standing in the way of Congress working to come together to try to solve this problem. ONE MAN is standing in the way of making progress. He has successfully Polarized Congress and increased the chances that he will have his way. Do you really want to give into the lies and false hope and dubious change. Surely, by now, you see the path this man is leading us down is ruinous. It's easy to tell you've been swapping spit and DNA with Canuck-Knuckles. Blank check, blank check, blank check, blank check, blank check. This was the Republicans phrase for the day. Guess who picked it up? Definitely the phrase of the day among the Conserva-BORG. |
#9
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#10
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