Boehner offers to take debt limit off the table

[ScienceRocks]

Boehner offers to take debt limit off the table
Washington Post ^ | 16 Dec 2012 | Lori Montgomery and Paul Kane

Boehner offers to take debt limit off the table - The Washington Post

House Speaker John A. Boehner has offered to push any fight over the federal debt limit off for a year, a major concession that would deprive Republicans of leverage in the budget battle but is breathing new life into stalled talks over the year-end “fiscal cliff.”

The offer came Friday, according to people in both parties familiar with the talks, as part of the latest effort by Boehner (R-Ohio) to strike a deal with President Obama to replace more than $500 billion in painful deficit-reduction measures set to take effect in January.

With the national debt already bumping up against the $16.4 trillion cap set last year, Congress risks a government default unless it acts to raise the debt ceiling in the next few months.

Many Republicans had argued that party leaders should use the threat of default to demand additional spending cuts from Obama. But Boehner’s offer would head off that potentially nasty fight — at least until the end of next year.

I don't understand how we can keep spending like this, but if WE"RE....STOP CUTTING OUR FUCKING SCIENCE PROGRAMS. They make high paying jobs unlike the free shit give aways.

 

[waltky]

Granny says, "Dat's right - when dey gonna do sumpin' about the debt?...

Gallup: Americans More Concerned About Debt and Government Than Guns/Gun Control
January 15, 2013 -- What is the most important problem facing the nation today? For the first time since 2009, unemployment has dropped out of the top two spots in Gallup's tracking poll, replaced by concerns about the economy in general and the federal budget deficit in particular.

The economy and unemployment had ranked as the top two concerns each month since December 2009. In third place on January's "most important problem list" is dissatisfaction with government, followed by unemployment.

Only four percent of Americans named guns and gun control as the nation's top problem, the same as in last month's survey, which followed the mass shootings at an elementary school in Newtown, Conn.

Four percent also mentioned taxes this month, the highest percentage in over two years. And ranking above taxes and gun control was "lack of money."

The "most important problem" responses include the following:

Economy in general (21%)
Federal budget deficit (20%)
Dissatisfaction with government (18%)
Unemployment (16%)
Lack of money (5%)
Taxes (4%)
Guns/gun control (4%)

MORE

See also:

NFIB to Washington: 'Cut Spending, Balance the Budget' -- 'It's Not Rocket Science'
January 16, 2013 - The nation’s small business owners have a “simple” message for Washington: "Cut spending, reduce regulation, [and] balance the budget.”

“That’s not rocket science,” Dan Danner, president and CEO of the National Federation of Independent Business (NFIB) wrote in a recent column on the organization’s Web site. On the heels of the so-called “fiscal-cliff” deal, Danner said many small-business owners are still worried. “Although the cliff deal spared a majority of [small business owners] a tax increase and will seize less of their estates, most entrepreneurs continue to despair,” he wrote, adding: “Few believe a ‘real’ solution to the nation’s debt and addictive spending habits will be reached.” The $4 trillion fiscal cliff deal, intended to reduce the national deficit, the difference between the amount of money the government takes in and the amount of money the government spends, passed Congress on Jan. 2 and was signed into law by President Obama the next day.

The new law will raise tax rates on individuals making more than $400,000 per year and on couples making more than $450,00 per year. In addition, another part of the reached agreement postpones sequestration cut, or dramatic cuts in U.S. defense spending, until March 1, and raises the payroll tax rate from 4.5 percent to 6.5 percent for nearly every working American. The fiscal-cliff deal passed the Democrat-controlled Senate on a vote of 89-8 and later passed the Republican-controlled House on a 257-167 vote. Danner cited the most recent NFIB Optimism Index, now at a historically low level, along with a new Gallup poll that shows 77 percent of Americans believe Washington politics is harming the nation.

He suggested that lawmakers and the president should spend some time visiting “Main Street businesses.” “The owners are easy to spot. They’re the ones with worried brows standing close to the cash drawer doing everything they can to satisfy customers,” he wrote. “Every day, small-business owners make tough decisions in order to survive. Their way of life could be instructive for a government that desperately needs a role model,” Danner said.

The NFIB president said asking just one question would give lawmakers much greater insight into the concerns facing job creators than countless hours of Capitol Hill committee hearings: “How’s business?” He added that if lawmakers also asked, “Is now a good time to expand?” the question would draw an “Are you kidding?” response from business owners. Danner said the next question to business owners from lawmakers should be “What can Washington do to help?”” “They can avoid this latest fiscal danger by simply adopting the small-business model of spending less than it takes in, re-investing for growth and saving for rainy days that will surely come,” Danner wrote. “That’s not rocket science,” he concluded.

Source

 

[Lakhota]

 

[OKTexas]

Boehner offers to take debt limit off the table
Washington Post ^ | 16 Dec 2012 | Lori Montgomery and Paul Kane

Boehner offers to take debt limit off the table - The Washington Post

House Speaker John A. Boehner has offered to push any fight over the federal debt limit off for a year, a major concession that would deprive Republicans of leverage in the budget battle but is breathing new life into stalled talks over the year-end “fiscal cliff.”

The offer came Friday, according to people in both parties familiar with the talks, as part of the latest effort by Boehner (R-Ohio) to strike a deal with President Obama to replace more than $500 billion in painful deficit-reduction measures set to take effect in January.

With the national debt already bumping up against the $16.4 trillion cap set last year, Congress risks a government default unless it acts to raise the debt ceiling in the next few months.

Many Republicans had argued that party leaders should use the threat of default to demand additional spending cuts from Obama. But Boehner’s offer would head off that potentially nasty fight — at least until the end of next year.

I don't understand how we can keep spending like this, but if WE"RE....STOP CUTTING OUR FUCKING SCIENCE PROGRAMS. They make high paying jobs unlike the free shit give aways.

Why are you for unconstitutional spending? Ya might want to read Article 1, Section 7, Clause 8.

 

[C_Clayton_Jones]

House Speaker John A. Boehner has offered to push any fight over the federal debt limit off for a year, a major concession that would deprive Republicans of leverage in the budget battle but is breathing new life into stalled talks over the year-end “fiscal cliff.”

‘Leverage’ to accomplish what, exactly, another credit rating downgrade?

Boehner is thankfully exhibiting some common sense: address jobs and the economy first, then debt reduction.