Big Deal on the Boehner Bill. All that happened is... pretty much nothing.
The Tea Party Congressmen (known as “terrorists”) wanted deeper cuts. The left wing (known as... NUTS) wanted to raise taxes -- like this is something new?
The lame stream media is describing this as some kind of win for the Tea Party. I don’t see how it’s much of a win when 22 Republican lawmakers in the house voted against the GOP leadership and their bill. They don’t feel this is a win and neither do I. The bill doesn’t get anywhere near to where it should be to be able to solve our debt problems. They also feel that things aren’t going to get any better because of this bill. I don’t either.
There’s only one real thing that I see that came out of this; Boehner’s leadership weathered a storm. He did what he could and didn’t back down to Obimbo’s bluff (I still laugh about THAT one! First rule, Obimbo -- when you’re bluffing, don’t tell ‘em you’re bluffing!)
Here are the details of the bill, simply put -- in case you’re even interested:
- After an initial $400 billion increase in the debt ceiling, another $500 billion would be authorized under the bill around late September unless Congress passes a resolution of disapproval.
- Spending cuts of $917 billion are also required over 10 years, although many of these are cuts to planned spending. For example, the bill’s spending caps would cut just $7 billion in 2012 compared to 2011, and would require spending just $3 billion in 2013 compared with 2011.
- After that, a 12-member congressional committee would be required to find up to $1.5 trillion in new cuts over 10 years. If they succeed, another $1.5 trillion increase in the debt ceiling would be allowed. If they fail, a minimum $1.2 trillion increase in the debt ceiling is permitted, and forced cuts matching that amount would be made.
Basically, the bill is nothing but a Mexican standoff. Sooner or later, we’re going to have to face the fact that the only solution is to stop spending and reduce our debt. This bill is really nothing but a Band-Aid.
One way to cut government spending is to cut the government payroll. Get people back to REAL work -- with REAL jobs -- in REAL businesses. Watch this and see what I mean:
Hopefully, a month from now, the American people won’t remember all the finger pointing and all the yah-yah that went with all this posturing.
Hopefully, all that will be remembered is Oba-Mao’s lack of leadership on this issue... and all the other issues, since he’s been crowned.