Not a done deal.

Oddly enough, Mr Obama has no plan.

Imagine that.

BZ

Congress needs to pay a price when it fails to make a yearly budget and, moreover, when it fails to reduce the deficit.

First:

1. Checks stop when budgetary due dates are exceeded;
2. Budgetary checks become retroactive; for every month that a budget is overdue, a month’s pay is deducted from the House and the Senate;
3. Bills enacted upon the electorate apply equally to Congress; no exceptions whatsoever;

Pain must be applied equally.

Heretofore, it is not. And purposefully so.

Pain must be applied — purposefully so.

BZ

Imagine that.

Where the Young GOP Colts lay.

From The Washington Times.com:

House Republicans do not have enough support to pass their debt-ceiling increase plan on their own, a top conservative said Tuesday as his party’s leaders tried to cobble together a coalition of Republicans and Democrats to put the bill over the top.

“There are not 218 Republicans in support of this plan,” Rep. Jim Jordan, an Ohio Republican who heads the powerful conservative caucus in the House, told reporters Tuesday morning.

If Mr. Jordan is right, that would mean Speaker John A. Boehner would have to rely on Democrats to pass the $1.2 trillion spending cuts plan — support Democrats’ top vote-counter said he’ll be hard-pressed to gain. Minority Whip Steny H. Hoyer said “very few” Democrats will vote for the Boehner plan, though he acknowledged there could be some.

A vote in the House is expected Wednesday, and Republican leaders are trying to round up enough support to pass their version. They hope that if it can pass the House, that will pressure Senate Democrats to drop their alternative and accept the GOP’s plan.

Mr. Boehner’s bill would reduce future discretionary spending by $1.2 trillion, grant an immediate debt increase of $1 trillion, and set up a committee to work on trillions of dollars in future deficit reduction either through more spending cuts or tax increases, which would then earn another future debt increase. It would also require both the House and Senate to hold votes on a balanced budget amendment to the Constitution.

But conservative Republicans in the House, many allied to the tea party movement, said they don’t just want votes on the amendment, they want an assurance it will be sent to the states. Mr. Jordan and other conservatives said they would prefer the Senate vote on the debt increase the House passed last week, that includes deeper spending cuts and requires both chambers approve a balanced budget amendment and submit it to states for ratification before any debt increase happens.

Both the Heritage Foundation and Club for Growth, two key conservative activist groups, are also urging a “No” vote and said it will be one of the key votes they use in their annual lawmaker scorecards.

If Heritage votes “no,” that’s called a CLUE.

BZ

There will be simultaneous press conferences at 6 PM Pacific time (9 PM Eastern), by both Mr Obama and Speaker Boehner. That occurred on Monday, 7-25-11.

I can sum it up succinctly:

If Boehner puts tax hikes on the table, he should be removed forthwith, no further discussion.

He is afraid to be as “conservative” as allegedly is his caucus.

Additionally, if the mortgage interest deduction is removed and agreed upon by the GOP, every member voting “for” this needs to be removed. Forthwith. 80-million Americans — honest, tax-paying Americans — utilize the home mortgage deduction. Should that pass, the value of every home in the nation will plummet immediately by 15%.

Plain and simple.

BZ

P.S.
On the other hand. . .

From The Washington Post:

A Republican aide e-mails me: “The Speaker, Sen. Reid and Sen. McConnell all agreed on the general framework of a two-part plan. A short-term increase (with cuts greater than the increase), combined with a committee to find long-term savings before the rest of the increase would be considered. Sen. Reid took the bipartisan plan to the White House and the President said no.”

Does this situation bring to mind the phrase “will have to own it” to anyone besides me, perchance?

More information here.

Obstructionist?

You see, Republicans, do you see? Even when you compromise it’s not enough. It will never be enough. It will always be your “fault.”

So why compromise?

BZ