Boehner to insist on deep cuts for debt increase

[TomCADem]

Source: Reuters

House Speaker John Boehner will stick to his demand for spending cuts greater than the size of an increase in the U.S. debt limit at an 11 a.m. EDT meeting with President Barack Obama on Saturday.

A Boehner aide also said the top House Republican viewed Obama's insistence of a debt limit increase that would carry the country to 2013 as a condition designed to suit the president's re-election chances.

"It would be terribly unfortunate if the President was willing to veto a debt limit increase simply because the timetable prescribed would not be the ideal one for his re-election campaign," the aide said.


Read more: http://www.reuters.com/article/2011/07/23/us-usa-debt-boehner-conditions-idUSTRE76M1TF20110723

---

Of course, the corporate media fails to mention that the debt limit increase has been routine up until now, and that there is no reason why Republicans can't simply agree to raise it separate and apart from all this talk of spending cuts.

But, will the corporate media hold them accountable even after President Obama blasted them yesterday? No. Instead, we will get false equivalency, and a Blame the Democrats, Give Republicans a Free Pass Narrative.

[Skink]

1. The market resoponds Monday.

[sarcasmo]

14. Tanks Monday.

[ewagner]

2. they found a narrative

that will resonate more than the "tax breaks for corporate jets" meme...

Obama better be quick on his feet to squash this one.

[StarsInHerHair]

20. if I were Obama I'd be saying well our military cant get their paychecks

because of the GOP being dogmatic & inflexible

[No Elephants]

3. Take everything off the table. Call his bluff.

[aquart]

17. Well, that's what a real negotiator would do.

[Auggie]

25. And address the nation in Prime Time

[LiberalEsto]

4. Boehner can shove it where the sun don't shine

He's lost his chance.

[Skip_In_Boulder]

5. The Republicans have backed themselves into a corner

that they can't get out of. And when a frightened animal is cornered like that is when they become dangerous.

[pscot]

34. Good reason to kill it

[Middle finga]

6. Obama should take entitlement cuts

off the table, Democrats should insist on revenue increase only. Republicans have been allowed to hide behind the vague term of "Spending Cuts" without having to actually name and put an amount on the programs they want to cut. Obama has been taking the heat for putting SSN, Medicare and Medicaid on the table. The Democrats should force the republicans to go out and advocate for cutting these programs. Currently it looks like Obama is the one thats hell bent on cutting these programs.

[creeksneakers2]

10. Right. The GOP should have been forced to specify

what they want. Then it would be Obama's turn to go public with the consequences. Obama is trying to build consensus when he should be adversarial and put pressure on the GOP to compromise.

[StarsInHerHair]

21. yeah GOP claimed in the '90s that Clinton raising taxes "would ruin economy"

the Republiscum have been wrong ON SO MANY THINGS, just play the videos of their ass-headed notions

[reformist2]

7. Give in to the demands, and warn the American people about what they need to do in 2012.

Ultimately, it's up to the American people to save these programs. If they want to keep electing Repugs hell bent on destroying them, there's nothing Obama or the Dems can do.

[goforit]

8. Hey step front and center.... Fire Boner...,save money!!!

[BNJMN]

9. Just wait until I move my family out of Texas before the whole shithouse goes up in flames and we

...split the country in two.

Oh Lord, I dont wanna be stuck in Texas forever.

[aquart]

18. And then we tell Texas there's no money to put out the fires

Or make loans to rebuild?

[BNJMN]

19. Well, we hope Texas doesn't get pissed off and...

...you know what, you're right. We may be better off trying to keep them close, and keep them somewhat stable and 'upright' as opposed to having a(nother?) dangerous, rogue, failed-state next door.

But anyways, I'm getting as far away as possible.
Seriously, I'm looking at becoming a Newfie!

[juajen]

22. A Texan friend of mine said Obama had done nothing to help

Texas during these wildfires. Has the Government helped them or not. I asked her what she wanted him to do, don a firesuit and spit on the fire? I actually don't know what he could have done. Don't insurance companies cover fire any more either? Let me see, what is covered by homeowner's insurance these days? I bet Texas has rainy day funds, or in this case, no rain funds. How much do state's have to pay in their own backyard for events like all of these wildfires? I know I heard about government funds to help Arizona, but haven't heard how much we are paying for Texas.

[EFerrari]

26. It took me under a minute to find the NFS fighing fires in TX:

http://www.canyonnews.com/view/full_story/13278364/article-Forest-Service-proactive-in-fighting-area-wildfires?instance=home_news_bullets

[Maeve]

11. What I really wish now is for Obama to go on media and say

"The time for negotiations is over and the Republicans refuse to compromise at all. Fine. Give me a straight up or down vote on the debt ceiling--no deals, no crap. Do it because it will be disastrous for the country to default and THEN we'll talk budget changes."

Stop dicking around.

[Liberalynn]

12. self delete

dupe

[Liberalynn]

13. agree that is the only answer now

Don't know how anyone else feels but in the end I think the country would admire the DEMS more if they actually learned to stand up and draw a line in the sand at some point and hold a press conference with the President, Nancy Pelosi and Harry Reed united. Then they can say to the Public: "We tried to make a deal but in the end you can't negotiate with hostage takers. The Republicans had their chance to accept compromise and refused, so now we we are taking all the concessions we were willing to make off the table, most especially the Big 3. Our side intends to reintroduce a clean debt cieling bill, and if the Republicans vote no to that, they will be the only ones responsible for a Default and the deficit as well. They had their chance at a different outcome and refused." Thank you."

Then exit with no questions taken.

All JMHO, and yes I know I am living in a fantasy world. I am dreading a complete cave in, in reality.

[dana_b]

39. yes! that is exactly what he needs to do

if only...

[DreamSmoker]

15. Pure Media Spin..

Yep... All spin and drama..
The Radio is on this track too..
Nothing except bad mouthing the President for trying to raise taxes...
No details... Just emphasis on higher taxes and nothing about those tax heights for the wealthiest..

[on point]

16. OK, 400 Billion from defense for a start!

[South End Liberal]

23. Want to find $$ to cut from the budget? Audit the PENTAGON budgets!

Remember Rumsfeld and the $2.3 trillion in missing funds at the Pentagon?
http://www.wanttoknow.info/050310pentagontrillionslost

Congress finds it easier to cut the social security and medicare benefits for the little guys who worked their entire lives at jobs that do not give them pensions or sufficient wages to save up a retirement fund on their own than to take a serious look at military spending and the Pentagon budgets (including the off the book operations).

What about State Department budgets? Bet you'll find a lot of waste tucked there. Probably also some military money they slid over to cover up the real costs of military operations.

When Congress takes a serious look at what accounts for over 50% of our governmental spending, then I'll believe they are serious about deficit reduction.

[eringer]

24. Open Letter to President Obama

Direct the Treasury Secretary to begin selling off the Fort Knox gold reserves Monday morning. Once it is all gone, close the Base and sell it off. All those idiots that bought gold at inflated prices from the people that keep Hannity and Limbaugh on the air will panic when the price drops below $1,000 again. Serves them right.

[bottom line]

27. 14th

CURRENT Topic: Debt Ceiling: (Newby, I'll try to post shorter... ) 14th amendment:
Having been taught by a noted, nerdy, gheeky, pioneer Gay Historians (Thank God for simple historians). I always when learning any new topic of knowledge, start with a few basic thoughts, among the top; What will historians 50 years from now, respondingly write about our times?
I know they will certify that the two bit crooks on the Supreme Court will be classified as the most evil. (They will not meet George Washington in the heavens)
Re: 14th amendment. A simple dictionary search of the word obliged & it's derivatives, reveals a very succinct, easy to understand definition. Basically, not to constrain by circumstances; "to commit {as funds} to meet an obligation". I.e. No!
Obama knows the SCOTUS will 'wrench' that, but I say, "the stenchin swirling mess" Let em default, then *raise the ceiling* yourself. Leave it to the historians, which beautifully this younger generation gets.
At this point in time: You are the WWII Roosevelt Democrat, us ol timers have blissfully, hoped for. Most honored, Thank You.
BOTTOM LINE: To have years on years wars... without raising taxes... the absurdity; caused the 2nd Great Depression and it's aftermath. Simplified. All part of the mutated PLAN?

How I surf DU
I'm sixty, new to DU. Until I compose my profile... I apologize for the length of my posts. I'm a low income, just simple regular worker. I have lived in lower income apartments my adult life.
Trolls: I don't know what Sarah Palin looks like. At my age, Thankfully? I know how to GLAZE over. When it first appeared, I knew that it was part of the puke's, distract, divide & conquer. I will repeat for the duhs; DISTRACTION.
Brain washing, mind control. One time, I didn't watch, not a glance, of TV or movies for 14 years (to 1984). Read books, can't remember what, but read. Currently, 7 years but I watch movies & glance a LOT.
Obama & Michelle: In the top ten thoughts of the bliss; Raised in apartments. That, they get "Robber Baron." They get it.
I glaze over the trolls POSTS. Not real hard. This is my time & ya ain't gettin' any of it. Period :)
When I first watched TV news after 14 years. I actually felt electrical shocks in my body. It is one image picture & then their commentary of how they want you to interpret, that ONE image. NO LONGER, an event, lotsa pics, different people at the event. I LOVE the Internet. Oh, And buy the way, the whose time, spent looking for "the other images."
Other than the internet, I'm not reading books. I AM surviving.
The new WASH: TV, (NEWS) movies, etc. The new image is absolutely totally (controlled) composed, angle, especially distance, etc., etc., to elicit, Familiarity, Intimacy & the rest of the Shit. This old dog is not lowering it's ears. I'd like to note here in present time, an example. The image of Murdoch, that was released showing, us the viewers, as in a lower dog position looking at him with his hands in a cupped position, which coincidentally in real (where his ex-soul is) time, occurred, the same time a 7 point something earthquake happened in the Soloman Islands (close to Australia, it's birth). The convenient pie (very 'happy cuuute' slappers).
There is a blog, TPM. I'd like to commend them for trying to take on THE IMAGE, but I (I'm old & it is my difference) cannot look at their website, because all of the images they put up are in the GROSS (Intimate) composition. Makes me wonder who they are? I'm not into looking at peoples pimples.
How I surf DU? I tired of Benedict Arnold Democrats facilitating divide & conquer decades ago. (Just because I've always wanted to vent this): I will dispose you Ralph Nader til the day you meld into your non existence. The physical (Climated Climaxed, to the hilt) world did not, does not, have time to bend to you & yours; GROSS conspiritours egos!
{***}The younger generation elected Obama.{***} I have real true beautiful, optimism, that will forever, survive anything.
Thank You. This is fun (?). Couldn't resist the (?).

[dbt]

28. It ain't up to Boner anymore.

His shot-calling days ended sometime last night. Watch him fold like a lawn chair before the Markets open on Monday. Tuesday at the very latest. Poor fucker.

:evilgrin:

[AlinPA]

32. IMO he is getting what he wants and needs- default. His teabagger base wants it bad.

[bottom line]

29. Footnote & P.S.

Younger generation:
If you are trying to reach some of older generation who continually try to keep our minds out of the mindwash. Use smaller (I know editing) pics. We are not as evolved as you. Easier on our ayes. Yes, quite.
I'd like to see Obama initiate a new reality & fly our Beautiful U.S. flag half-mast, in honor of Japan, Norway, and such. If just for a day. My heart, soul, prayers & meditations goes out to the Sweet Beautiful people of Norway.

[Igel]

30. The debt limit increase hasn't always been routine.

In the House it mostly has been because of the Gephardt rule. The rule was overriden in some years and, because of the lack of a joint budget resolution, failed to apply in others. Still, it applied in most years.

It was repealed when the new House passed its rules package in January. That means most, but not all, of the non-routine nature of debt ceiling increases has been in the Senate.

In 2009 pay-go was a condition on the record $1.9 trillion debt limit increase.

There were serious discussions on debt limits and the stimulus. And TARP and the debt limit increase with that spending bill. You can't separate the increase and the dissent into nice boxes and say that the increases were routine and all the dissent was packaged up ahead of time and dealt with separately at a cafe in Georgetown.

In 2007, I think it was, the legislation increasing the debt limit by $850 billion passed the Senate--D controlled--just 3 days before the Treasury was broke. And a lot of the same players in the game now were saying the sames kinds of things that we're hearing now. We can't keep on going, the debt's out of control, we need to cement in some kind of mechanism for keeping the debt from skyrocketing and to bring the deficit under control. The same kinds of rhetoric were heard in 7/2008, even though we were in recession at the time.

The (D) making these arguments in 2007 and 2008 had valid points. These were very large, historically speaking, debt limit increases and followed after years of record deficits.

They were nothing like this, though. In that you're right.

The larger the debt ceiling increase, the larger the deficit, the less routine the debt limit increase has been. The humongous $800+ billion debt limit increases provoked a bit of dissent and debate, as did the huge budget deficits--some during recession, not that it mattered--of $400 or even $485 billion. A lot of the angst was seen right here on DU.

Now we laugh in the face of a $450 billion deficit so hard that we spray spittle. Obama's said that he's not going to sign a debt limit increase of a piffling $800 billion, once judged so immense and irresponsible that he refused to vote for it even during a recession. Yeah, he knew it would pass anyway, so it was a political gesture. Now a debt ceiling increase of $800 billion is half the predicted deficit for the current f/y.

What a difference 3 years make. (And I keep doing the arithmetic because I can't believe it's been only 3 years. But 7/2008 to 7/2011. Three years, and how many trillions of dollars in debt? Crikey.)

[Hotler]

31. Obama said in his press conference that....

he is not going to point fingers and his not going to lay blame. Again he shows lack of a spine. If there ever was a time Mr. President now is the time TO point fingers and LAY some blame. It is time to find some Dick Cheney spine and tell the republicans to go FUCK THEM SELVES.

[FreeStateDemocrat]

33. Who made this ass wipe boss, Obama needs to start using the power of the presidency to isolate the

bozos.

[buckrogers1965]

35. Yeah, because the Republicans are so good at spending.

http://www.lafn.org/gvdc/Natl_Debt_Chart.html



And by spending, I mean we Republicans spend money better and faster than anyone around.

[TexDevilDog]

36. Let the voters decide

I say raise the limit just to get through the election which will put it on the ballot. One side can propose raising taxes on the rich while on side can propose cutting government. Let that be the issue to drive the election. The winners can have the voter's mandate.

[Devil_Fish]

37. For once I agree with boner. Shall we start by cutting the millitary budget? Bring the troops home.N

[bottom line]

38. mistake apology

Sorry, I'm a newby. I had read somewhere in a post that the 14th amendment stated that "the debt shall not be obliged". Anyway, It's not in the 14th. I can't remember what post I read here, where I saw that. Lesson learned. Hopefully it's in the constitution. Apologies.