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Tuesday, July 19, 2011

BREAKING NEWS: House Approves ‘Cut, Cap And Balance’ Plan

House of Representatives votes 234-190 to approve GOP’s ‘Cut, Cap and Balance’ plan.

8 comments:

Anonymous said...

That's a good start. It does sound like a compromise.

Bullard Construction said...

It includes the balanced budget amendment, which has been proposed since i was a kid. It needs to be kept this time, or else.

Anonymous said...

Will certainly fail. Will likely not pass senate. . .if it does Obama will Veto. Dead in the water.

Anonymous said...

1:43 AM
Dead in the water? Maybe
Lets put the dumbocrats on record opposing any fix to this mess

Democratic Socialists of America said...

8:17, the majority of Americans, based on polls, blame the Republicans. The Democrats are the ones seen as the "adults in the room". So, you can put whatever you want on the record but America is not with you. Dead in the water? Most definitely.

Anonymous said...

They are all wasting time, positioning for the next election. I say vote EVERY one of them out. And then vote in people in favor of term limits. When the focus is on the work of governing, and not on fund raising, then maybe we can recover as a country.

Anonymous said...

9:44 Who did they poll ? The ones who don't pay taxes but receive freebies from the government! The poll you speak of is a shaft!

Democratic Socialists of America said...

I'll help you with your homework, 12:10.

ABC/Washington Post Poll:

"The poll indicated that 72 percent favored the Obama position of raising taxes on those with annual income of $250,000 or more.

Another interesting result is that if there were a default, both Obama and congressional Republicans would be blamed, with the GOP getting somewhat more blame than the president.

The Post-ABC polls indicated that 36 percent of respondents would blame the president while 42 percent would hold Republicans responsible.

The poll also indicated how painful deficit reduction will be for Democrats. For instance, any plan that would significantly reduce federal government spending will need to include entitlement reform according to virtually all the experts.

But most of the public seems opposed to the kind of changes in Medicare, Medicaid and Social Security the experts say are necessary to put those programs on sustainable paths.

Most respondents opposed raising the age for Medicare eligibility age, changing how Social Security benefits are calculated to payout less to beneficiaries and slow the program's overall expenditures or Medicaid cuts.

The Post-ABC poll was released after a Wall Street Journal/NBC News poll which similarly found that more Americans now backed a debt ceiling increase than opposed it, a reversal"

Wall Street Journal/NBC poll:

"The poll of 1,000 adults, taken July 14-17, found a dramatic shift in attitudes toward the debt-ceiling debate as the public tunes in to the issue that is consuming Washington. A plurality of Americans—38%—said the debt ceiling should be raised, against 31% who said it shouldn't. A month ago 39% said the debt limit shouldn't be raised, while 28% said it should.

Of those polled, 58% said they supported Mr. Obama's approach, a $4 trillion deficit-reduction plan over 10 years that would cut federal spending, including on Medicare, and raise taxes on corporations and the wealthy. In comparison, 36% said they backed the leading proposal among congressional Republicans, which would reduce the federal deficit by $2.5 trillion, also over 10 years, by cutting federal spending but holding the line on taxes."