The bipartisan congressional committee tasked with finding at least $1.2 trillion in deficit reduction announced on Monday it cannot reach agreement by the Wednesday deadline, a stark if not unexpected admission that its efforts have ended in failure.
“After months of hard work and intense deliberations, we have come to the conclusion today that it will not be possible to make any bipartisan agreement available to the public before the committee’s deadline,” the co-chairs, Rep. Jeb Hensarling, R-Texas, and Sen. Patty Murray, D-Wash., said.
The alleged “super” committee was nothing more than dim Political theatre. It accomplished exactly what the spendthrift, socialist crowd desired – nothing. Well, actually it did accomplish one thingy. Spending increased by 5%. And for that we can give credit to the days when Pelosi and Reid controlled the house and senate respectively.
Of course pay no attention that Republicans in the Super Committee actually did offer $250 billion in tax increases in the form of closing a number of loopholes in the upper two tax brackets. But that’s not information the MSM is about to volunteer or concede was a serious offer.
Kudos to the thin red line of conservatives who, unable to get anything past Reid or the toddler, have tried to hold the financial line; those elected to the house have done a good job even though lacking control of Reid’s idiotic, Dim and RINO Senate, and the Oval Office.
We will just have to wait until 2012. That’s when we must elect more conservatives to congress, especially the senate, and one in the oval office.
And where is President Obama on leadership? He should have laid out his vision for spending cuts, but he didn’t. In fact, he is MIA, running around with the Indonesians having fun in Bali. Meantime, Washington is collapsing.
Mr. Obama should be showing leadership, demanding trillions in spending cuts. We can do that by revising the tax code so more money does flow into Washington because we need more revenue to defend ourselves, to keep our commitments to the poor and elderly.
But this “tax the rich” ruse is a disgrace. Raising taxes on business and the affluent won’t solve anything and could very well make the economy even worse. You have to have a consistent revenue flow, and that comes from tax collection, not punishing American business.
Please keep in mind the root cause of this current crisis. There is no approved Federal budget.
The Senate has the responsibility to create the budget. Thus, the entire failure starts and ends with Harry Reid, Majority Leader of the Senate (and Joe Biden, President of the Senate). Under Reid, the senate has not produced a budget since 2008?
That is the storyline.
If a budget had been produced, there would be objective evidence of the reckless and irresponsible fiscal policy of the federal government. Instead, you have the continuing resolution nonsense, making all fiscal policy and series of crises when the current continuing resolution expires.
This was exactly what “the disgusting one” wanted. He needed an issue, since he couldn’t run on the economy or jobs. The dems said no cuts to Medicare, but I haven’t forgotten that they cut $500 billion from Medicare to get the healthcare bill passed. WHAT FRAUDS we have in our government! Now they can go do their insider trading on something. Our country is a mess, thanks to this bunch.
This thing was a designed failure. The democrats sent there were ORDERED to make it fail. Even when the Republicans caved on tax increases, the democrats STILL wouldn’t make a deal. This makes me GLAD that it failed. Any deal would have been a bad deal, and any Republican signed off on tax increase is the only way I can see democrats winning elections next year.
This was done on purpose. Obama needs Congress to demonize for his re-election. Never mind that half of Congress is still democrat controlled, and the Senate is where everything stops.
Mark Levin had a great suggestion last night, which the House should immediately vote again to pass Paul Ryan’s budget. Are we at 1,000 days yet since the Senate passed a budget?
Ha! Obama, must be enjoying that the Republicans could not persuade the non-persuadable Democrats to cut spending.
Everyone knows that the root of the problem mainly the hardcore Left (now incarnated in the Democrat Party) rests with expensive, wasteful, big government, and not with lack of “revenues”, which is as big spenders refer to their ideological addiction to high taxes to overspend and to enlarge the government bureaucracy.
See, Obama is enjoying it, for he is now coming back to his “maximalist” (i.e., Bolshevik, as his teenage-years tutor Frank Marshall Davis’) roots –“economic-catastrophist” and all– as his public embracing of the Bolshevik outbursts of street-mayhem that goes by the name of Occupy Wall Street evidences it.
It is a “sacred” creed to every single Marxist on Earth, to bring America down; and it is a much more sacred creed to every single Bolshevik to bring America down with a big bang; understand Obama’s joy, then.
What do we need to do to stop this rudderless presidency? This is ENOUGH! He’s waged war on what America means and even more, the very fabric of our Republic. How do we put a stop to this nightmare? I feel as unempowered as a citizen in the face of this radical agenda. Where are the “grown ups”? Take this 60s radical back to school.
One of the only hopes this failed president has to win re-election is to convince enough voters his failed economy isn’t his fault. So what better way to pin the blame on a “do nothing” Congress (meaning: Republicans) than with this Super Committee nonsense? What the Democrats effectively did with this committee was to put Republicans in a no-win situation. Either they could betray the message of 2010 and raise taxes, or they would be blamed for the committee’s failure.
HMMM… Maybe this is really George Bush’s fault, the guy’s been no good since he shot down Amelia Earhart and sabotaged the Hindenburg. That no good Republican should have been stopped before he ever shot JFK and started the Vietnam War, but no, we had to wait till he developed the Aids Virus and started the African drought. I was beginning to fear we’d never have another great president. And then the gods sent us this one just in time…….phew, that was close!
The President can now go back to dinner parties and lots and lots of golf..
Maybe appear on Leno or Letterman..
HEY HO OBAMA MUST GO!!!!!!!!!!!!!
VOTE GOP 2012