I applaud the House, but not the plan to
raise the debt limit which is key as far as I'm concerned. If the
debt limit is raised, everything else is the same-old lipstick on a
pig. To that end I snipped these take-aways from the article; so
smarmy and unctuous that I kept slipping off my chair.
“
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— Yet there were
signs that with Tuesday night's vote behind them, House Republican
leaders might pivot swiftly. Even before the vote, Speaker John Boehner
told reporters that it also was "responsible to look at what Plan B
would look like."And House Majority Leader Eric Cantor issued a
statement saying of the Gang of Six proposal: "This bipartisan plan
does seem to include some constructive ideas to deal with our debt.
— Boehner played a muted role in public during the day. He did not
speak on the House floor on the legislation ... He did not discuss what
alternatives he had in mind, although the Senate's top two leaders have
been at work on one that would let the president raise the debt limit
without prior approval by Congress.
— The [Gang of six] tax overhaul "must be estimated to provide $1
trillion in additional revenue [tax
increase] to meet plan targets," according to a summary that
circulated in the Capitol.Some [Senate] Republicans noted a claim
contained in the summary that congressional bookkeeping rules could
actually consider the plan a tax cut of $1.5 trillion. That
credits sponsors for retaining income tax cuts enacted at all income
levels when George W. Bush was president.
— Even so, in the hours after the Gang of Six¹
briefed other lawmakers on their plan, at least
one member of the Republican Senate leadership, Lamar Alexander of
Tennessee, signed on as a supporter. So, too, did Sen. Kay Bailey
Hutchison of Texas.
¹ - Gang of six = three Democrats, Sens. Kent
Conrad of North Dakota, Mark Warner of Virginia and Dick Durbin of
Illinois, and three Republicans, all conservatives [CINOs], are Sens. Mike Crapo of
Idaho, Tom Coburn of Oklahoma and Saxby Chambliss of Georgia, |
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