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Current Events => Breaking News => Topic started by: formerlurker on July 21, 2011, 02:36:47 PM

Title: Deal Imminent
Post by: formerlurker on July 21, 2011, 02:36:47 PM
What’s Behind Door Number Three?
July 21, 2011 1:48 P.M.
By Daniel Foster   

(http://www.telegram.com/apps/pbcsi.dll/bilde?Site=WT&Date=20110721&Category=NEWS&ArtNo=107219433&Ref=AR&MaxW=740)

With McConnell-Reid and the Gang of Six plans both considered DOA, there was some excitement early this afternoon when the New York Times reported that President Obama and Speaker Boehner were close to a big deal of the “Grand Bargain” order. The problem is that both the White House press shop and Speaker Boehner denied any such deal was at hand.

Now this from the National Journal, suggesting that not only is a new deal imminent, but it looks pretty good for Republicans:

The aides, who declined to be named because they weren’t authorized to speak publicly, said the proposal’s outline is broadly similar to a plan discussed previously by President Obama and House Speaker John Boehner, R-Ohio, and a Gang of Six proposal to cut about $3.7 trillion in a decade, with the major exception that it would not raise significant tax revenue. The gang proposal by contrast would seek $1 trillion of its deficit cuts from new tax revenue.

That result would be a major, and unexpected concession, to congressional Republicans. And as described, the plan would enrage many Democrats in Congress, endangering its prospects in the Senate in particular. The mere fact the deal is under discussion already has Democrats up in arms.

Congressional aides said an agreement on the proposal is not imminent, characterizing discussions on the proposal as at an early stage. 

A House leadership aide, meanwhile, told National Journal that Boehner is letting House Republicans know that he will unveil a debt-ceiling plan to them during their closed-door conference on Friday. Details of what he will lay out are not immediately known.


If something sounds too good to be true. . . . Still, if there is indeed a $3.7 trillion deal to be struck that involves only, say, the elimination of ethanol subsidies and other tax expenditures of a similar size and scope, what a dramatic reversal that would be.

http://www.nationalreview.com/corner


Placing it in breaking news because this news is breaking everywhere.   I do believe they have a deal that will be up for vote as early as tomorrow or this weekend.


Title: Re: Deal Imminent
Post by: diesel driver on July 21, 2011, 02:55:56 PM
Boehner was on Rush's show this afternoon and DENIED any imminent deal.  The only deal he's pushing is the Cut, Cap, and Balance deal.
Title: Re: Deal Imminent
Post by: formerlurker on July 21, 2011, 03:05:40 PM
Well Reid and the senate democrats after their meeting with the WH today are pissed for a reason.

More from  the Corner:

Quote
A Hunch
July 21, 2011 4:02 P.M.
By Daniel Foster   
To me this is the key paragraph amid all the reports of a secret Boehner/Obama deal:

“The Congressional leaders, whose help Mr. Obama would need to bring a compromise forward, were told that the new revenue tied to the looming agreement to increase the debt limit by Aug. 2 would be produced in 2012 through a tax code rewrite that would lower individual and corporate rates, close loopholes, end tax breaks and make other adjustments to produce revenue gains.”


My hunch is that what this means is a sort of Gang of Six solution in reverse: instead of specific tax hikes and vague promises for future spending cuts, what we could be looking at is a bill that creates a bipartisan commission to look at the tax code, instructs congressional committees to report out bills that address loophole x by date y, creates streamlined procedures for considering and voting on such proposals, and etc.

If that hunch is right, it represents a big win, as it will more or less make the tax hike caucus just as angry as Gang of Six made conservatives. Whether the cuts in such a deal would be real cuts is, of course, an entirely different question.
Title: Re: Deal Imminent
Post by: formerlurker on July 21, 2011, 03:07:03 PM
I also don't think Boehner will state he has a deal until he meets with House Republicans tomorrow to present it.
Title: Re: Deal Imminent
Post by: Lacarnut on July 21, 2011, 03:31:17 PM
What is with Boehner and this crying jag he goes on? In that photo, he looks like he just lost a close family member. The man is a wussy, and any deal that is struck between the O and him will alienate conservatives. Note, the old guard and RINO's will probably be tickled pink.
Title: Re: Deal Imminent
Post by: JohnnyReb on July 21, 2011, 04:08:22 PM
What is with Boehner and this crying jag he goes on? In that photo, he looks like he just lost a close family member. The man is a wussy, and any deal that is struck between the O and him will alienate conservatives. Note, the old guard  and RINO's will probably be tickled pink.

Maybe he's thinking, "I don't care how this goes down, I'm going to be unemployed...and the unemployment money has run out."
Title: Re: Deal Imminent
Post by: 5412 on July 21, 2011, 05:17:06 PM
I also don't think Boehner will state he has a deal until he meets with House Republicans tomorrow to present it.

Hi,

Boehner is not my choice but he is not stupid enough to say he has a deal when he knows he cannot deliver the votes just yet. 

regards,
5412
Title: Re: Deal Imminent
Post by: Lacarnut on July 21, 2011, 06:04:44 PM
Hi,

Boehner is not my choice but he is not stupid enough to say he has a deal when he knows he cannot deliver the votes just yet. 

regards,
5412

True. However, if Boehner tries to broker a deal that most or all Democrats will vote for and gather enough RINO's to pass a bill, he will surely get defeated the next time he runs for Speaker. All hell will break loose if the majority of Tea Party House members are not on board. He is walking a tight rope, and I do not think the debt ceiling will be raised by Aug. 2nd.   
Title: Re: Deal Imminent
Post by: 5412 on July 21, 2011, 11:10:31 PM
True. However, if Boehner tries to broker a deal that most or all Democrats will vote for and gather enough RINO's to pass a bill, he will surely get defeated the next time he runs for Speaker. All hell will break loose if the majority of Tea Party House members are not on board. He is walking a tight rope, and I do not think the debt ceiling will be raised by Aug. 2nd.   

Hi,

I totally agree with you.  Matter of fact if he tries to broker a deal and the RINO's don't pass it he likely will be forced to resign as speaker.  What a hoot it would be if Bachman got elected to speaker.

regards,
5412
Title: Re: Deal Imminent
Post by: Lacarnut on July 21, 2011, 11:34:54 PM
Hi,

I totally agree with you.  Matter of fact if he tries to broker a deal and the RINO's don't pass it he likely will be forced to resign as speaker.  What a hoot it would be if Bachman got elected to speaker.

regards,
5412

She certainly has more spine than the old dogs and would have a good shot at it. However, she has her plate full running for president.
Title: Re: Deal Imminent
Post by: DumbAss Tanker on July 22, 2011, 08:34:57 AM
TEA Partiers are a large minority, but still just a minority, of the GOP House Caucus.  If there is a deal that pisses off the TEA Partiers but on balance is a win for the GOP (I.e. especially if it isn't ballot box poison for the Presidential election), Boehner only has to worry about winning his own district to stay the Speaker.  In that case Bachmann has as much chance of being Speaker as I do of becoming Army Chief of Staff.
Title: Re: Deal Imminent
Post by: Chris_ on July 22, 2011, 10:59:18 AM
Boehner was on Rush's show this afternoon and DENIED any imminent deal.  The only deal he's pushing is the Cut, Cap, and Balance deal.
So much for that idea. :mad:

Senate Votes to Set Aside 'Cut, Cap and Balance' Plan Proposed by House GOP (http://www.foxnews.com/politics/2011/07/22/senate-votes-to-set-aside-cut-cap-and-balance-plan-proposed-by-house-gop/#ixzz1SqmtTJg0)
Title: Re: Deal Imminent
Post by: Crazy Horse on July 23, 2011, 06:54:19 AM
So much for that idea. :mad:

Senate Votes to Set Aside 'Cut, Cap and Balance' Plan Proposed by House GOP (http://www.foxnews.com/politics/2011/07/22/senate-votes-to-set-aside-cut-cap-and-balance-plan-proposed-by-house-gop/#ixzz1SqmtTJg0)

Chris, what does Boehner have to do with the Senate????
Title: Re: Deal Imminent
Post by: Splashdown on July 23, 2011, 08:03:12 AM
Maybe it's just me, but I'm impressed with the House Republicans'--and Boehner's--backbone on this one. The House Reps are the only ones with a real deal on the table. Pass it again. Send it back to the Senate again. Screw 'em.
Title: Re: Deal Imminent
Post by: formerlurker on July 23, 2011, 08:56:03 AM
Quote
Krauthammer: ‘This is Obama at his most sanctimonious, demagogic, self-righteous and arrogant’
By Jeff Poor - The Daily Caller   8:10 PM 07/22/2011

Late Friday afternoon, President Barack Obama went to the White House press room after House Speaker John Boehner reportedly walked away from the debt-ceiling negotiation.

He had some very stern words about Boehner and the Republicans in the House. But Washington Post columnist Charles Krauthammer wasn’t impressed with Obama’s anger.

During Friday’s “Special Report” on the Fox News Channel, Krauthammer said this was Obama at his worst.

“This is Obama at his most sanctimonious, demagogic, self-righteous and arrogant,” Krauthammer said. “And given the baseline, it wasn’t a pretty sight. Look, he started out by summoning the leaders of Congress – summoning on them at 11:00, who does he think he is? In the American system, the executive and Congress are coequal … The way he demanded their appearance in the Oval Office I thought was disgraceful,” Krauthammer said.



Read more: http://dailycaller.com/2011/07/22/krauthammer-this-is-obama-at-his-most-sanctimonious-demagogic-self-righteous-and-arrogant/#ixzz1Sw8h1Ex8
Title: Re: Deal Imminent
Post by: formerlurker on July 23, 2011, 08:56:31 AM
Maybe it's just me, but I'm impressed with the House Republicans'--and Boehner's--backbone on this one. The House Reps are the only ones with a real deal on the table. Pass it again. Send it back to the Senate again. Screw 'em.

It's not just you. 
Title: Re: Deal Imminent
Post by: Lacarnut on July 23, 2011, 01:13:36 PM
Maybe it's just me, but I'm impressed with the House Republicans'--and Boehner's--backbone on this one. The House Reps are the only ones with a real deal on the table. Pass it again. Send it back to the Senate again. Screw 'em.

If it were not for the Tea Party Repubs, the debt ceiling would have already been raised. The old dogs like Boehner would have rolled over like they did in the last budget negotiations. In case anyone forgot, the Repubs wanted 100 billion; the democrats wanted zero. A compromise of 37 billion was later found out to be smoke and mirrors, and that the actual cuts were only several million. If you do not get at least a 50-50 split or more, you have wound up with a bad deal.

I hope you are right but I think Boehner will blink first and Repubs will wind up with a lousy deal like they did the last time.
Title: Re: Deal Imminent
Post by: Splashdown on July 23, 2011, 01:22:26 PM
If it were not for the Tea Party Repubs, the debt ceiling would have already been raised. The old dogs like Boehner would have rolled over like they did in the last budget negotiations. In case anyone forgot, the Repubs wanted 100 billion; the democrats wanted zero. A compromise of 37 billion was later found out to be smoke and mirrors, and that the actual cuts were only several million. If you do not get at least a 50-50 split or more, you have wound up with a bad deal.

I hope you are right but I think Boehner will blink first and Repubs will wind up with a lousy deal like they did the last time.

You're probably right, but remember, the House Republicans also stood strong against the Obamcare nightmare. The Tea Party really put backbone into the House Reps.
Title: Re: Deal Imminent
Post by: Lacarnut on July 23, 2011, 01:33:46 PM
You're probably right, but remember, the House Republicans also stood strong against the Obamcare nightmare. The Tea Party really put backbone into the House Reps.

We certainly need more Tea Party members in Congress. I hope many of the old dogs get replaced with new blood. 
Title: Re: Deal Imminent
Post by: rich_t on July 23, 2011, 03:23:04 PM
Maybe it's just me, but I'm impressed with the House Republicans'--and Boehner's--backbone on this one. The House Reps are the only ones with a real deal on the table. Pass it again. Send it back to the Senate again. Screw 'em.

I just hope they stay firm.  I will believe it when I see it.