McConnell 'Burst Into Laughter' as Geithner Outlined Obama's Plan

[Wehrwolfen]

McConnell 'Burst Into Laughter' as Geithner Outlined Obama's Plan​

By: FRED BARNES
November 29,2012



Mitch McConnell, the Senate Republican leader, says he “burst into laughter” Thursday when Treasury Secretary Tim Geithner outlined the administration proposal for averting the fiscal cliff. He wasn’t trying to embarrass Geithner, McConnell says, only responding candidly to his one-sided plan, explicit on tax increases, vague on spending cuts.

Geithner’s visit to his office left McConnell discouraged about reaching a “balanced” deal on tax hikes and spending reductions designed to prevent a shock to the economy in January. “Nothing good is happening” in the negotiations, McConnell says, because of Obama’s insistence on tax rate hikes for the wealthy but unwillingness to embrace serious spending cuts

Geithner suggested $1.6 trillion in tax increases, McConnell says, but showed “minimal or no interest” in spending cuts. When congressional leaders went to the White House three days after the election, Obama talked of possible curbs on the explosive growth of food stamps and Social Security disability payments. But since Geithner didn’t mention them, those reductions appear to be off the table now, McConnell says.


(Excerpt)

Read more:
McConnell 'Burst Into Laughter' as Geithner Outlined Obama's Plan | The Weekly Standard

 

[Lakhota]

Yep, everything is funny to the obstructionist NaziCons. Keep laughing until the 2014 elections...

 

[occupied]

I'll bet laughter looked more like a gagging fit coming from that stiff.

 

[AvgGuyIA]

Not one dime should go into revenue unless there is spending cuts that take effect immediately. Too many times, conservatives have been fooled by spending cut promises that never happen.

 

[Lakhota]

Not one dime should go into revenue unless there is spending cuts that take effect immediately. Too many times, conservatives have been fooled by spending cut promises that never happen.

Please give us some "credible" examples of your claims...

 

[bripat9643]

Yep, everything is funny to the obstructionist NaziCons. Keep laughing until the 2014 elections...

Democrats and their schemes are hysterical in a sick neurotic sort of way. It's like laughing at your own funeral.

 

[koshergrl]

Not one dime should go into revenue unless there is spending cuts that take effect immediately. Too many times, conservatives have been fooled by spending cut promises that never happen.

Please give us some "credible" examples of your claims...

1990. Bush agreed to increase taxes, though he had promised he wouldn't, in return for spending cuts...which never came about.

It cost him the election. You people are lying cheats.

 

[Political Junky]

Yep, everything is funny to the obstructionist NaziCons. Keep laughing until the 2014 elections...

It'll be so great to see the Democrats take over the House.

 

[Lakhota]

Not one dime should go into revenue unless there is spending cuts that take effect immediately. Too many times, conservatives have been fooled by spending cut promises that never happen.

Please give us some "credible" examples of your claims...

1990. Bush agreed to increase taxes, though he had promised he wouldn't, in return for spending cuts...which never came about.

It cost him the election. You people are lying cheats.

Can you give us some "credible" proof of your claim?

 

[GuyPinestra]

Please give us some "credible" examples of your claims...

1990. Bush agreed to increase taxes, though he had promised he wouldn't, in return for spending cuts...which never came about.

It cost him the election. You people are lying cheats.

Can you give us some "credible" proof of your claim?

Ummm, results, maybe???

 

[koshergrl]

Please give us some "credible" examples of your claims...

1990. Bush agreed to increase taxes, though he had promised he wouldn't, in return for spending cuts...which never came about.

It cost him the election. You people are lying cheats.

Can you give us some "credible" proof of your claim?

It isn't a secret. Do you suggest that the 1990 lies didn't happen?

 

[Lakhota]

1990. Bush agreed to increase taxes, though he had promised he wouldn't, in return for spending cuts...which never came about.

It cost him the election. You people are lying cheats.

Can you give us some "credible" proof of your claim?

It isn't a secret. Do you suggest that the 1990 lies didn't happen?

1990 Budget Enforcement Act - Timeline - Slaying the Dragon of Debt - Regional Oral History Office - University of California, Berkeley

 

[Darkwind]

Please give us some "credible" examples of your claims...

1990. Bush agreed to increase taxes, though he had promised he wouldn't, in return for spending cuts...which never came about.

It cost him the election. You people are lying cheats.

Can you give us some "credible" proof of your claim?

You will not accept any proof, regardless.....your 'credible' statement is funny on the face of it.

Here is your credible proof..

Google 95th through 104th US Congress..

And start reading.

 

[koshergrl]

Berkeley. Meh.

"In fact, total spending for this period was $7.09 trillion. In other words, in return for agreeing to tax hikes, Republicans got $22 billion in extra spending rather than the promised $274 billion in cuts. This was despite the fact that there was another “spending cut” deal in 1993 — the Clinton tax-increase budget. Sadly, this wasn’t even the first time this happened. Back in 1982, President Reagan agreed to $3 in spending cuts for every $1 in tax hikes. Inflation projections make the analysis difficult, but it seems clear (and President Reagan believed) that almost none of the promised spending cuts materialized in real terms.
There is a clear lesson from these budget deals: Tax increases are real — they become law immediately — but promised spending cuts are illusory."

‘Read My Lips’ Won’t Happen Again - Ryan Ellis - National Review Online

 

[Lakhota]

Berkeley. Meh.

"In fact, total spending for this period was $7.09 trillion. In other words, in return for agreeing to tax hikes, Republicans got $22 billion in extra spending rather than the promised $274 billion in cuts. This was despite the fact that there was another “spending cut” deal in 1993 — the Clinton tax-increase budget. Sadly, this wasn’t even the first time this happened. Back in 1982, President Reagan agreed to $3 in spending cuts for every $1 in tax hikes. Inflation projections make the analysis difficult, but it seems clear (and President Reagan believed) that almost none of the promised spending cuts materialized in real terms.
There is a clear lesson from these budget deals: Tax increases are real — they become law immediately — but promised spending cuts are illusory."

‘Read My Lips’ Won’t Happen Again - Ryan Ellis - National Review Online

Ahem...I said "credible" proof. National Review doesn't cut it.

 

[Darkwind]

Berkeley. Meh.

"In fact, total spending for this period was $7.09 trillion. In other words, in return for agreeing to tax hikes, Republicans got $22 billion in extra spending rather than the promised $274 billion in cuts. This was despite the fact that there was another “spending cut” deal in 1993 — the Clinton tax-increase budget. Sadly, this wasn’t even the first time this happened. Back in 1982, President Reagan agreed to $3 in spending cuts for every $1 in tax hikes. Inflation projections make the analysis difficult, but it seems clear (and President Reagan believed) that almost none of the promised spending cuts materialized in real terms.
There is a clear lesson from these budget deals: Tax increases are real — they become law immediately — but promised spending cuts are illusory."

‘Read My Lips’ Won’t Happen Again - Ryan Ellis - National Review Online

Ahem...I said "credible" proof. National Review doesn't cut it.

Game, set and match.....

You clowns are so easy to predict.

 

[koshergrl]

The only "acceptable" source for you loons are left wing propagandists.

And the propagandists, while they can't deny the tax INCREASE that followed the deal(s) publish lots of excuses why the increase isn't REALLY an increase.

It's an alternate reality that you ppl have.

 

[Lakhota]

1990 Budget Enforcement Act - Timeline - Slaying the Dragon of Debt - Regional Oral History Office - University of California, Berkeley

Budget Enforcement Act of 1990 - Wikipedia, the free encyclopedia

 

[Darkwind]

The only "acceptable" source for you loons are left wing propagandists.

And the propagandists, while they can't deny the tax INCREASE that followed the deal(s) publish lots of excuses why the increase isn't REALLY an increase.

It's an alternate reality that you ppl have.

And then he post links to Berkley and Wikipedia.

Too funneh......

Have a good night.

 

[Lakhota]

Bill Text - 101st Congress (1989-1990) - THOMAS (Library of Congress)