tell it to mr lew
President's budget sinks, 97-0 - TheHill.com
So it was voted down because they came up with a different plan. Scandalous.Democratic aides said ahead of the vote that the Democratic caucus would not support the plan because it has been supplanted by the deficit-reduction plan Obama outlined at a speech at George Washington University in April.
No Democratic senator was willing to support it, however, after Obama discussed a more ambitious plan at George Washington University to save $4 trillion over 12 years. Republicans criticized his speech for lacking detail.
One of you will end up here next!
the only plan is a campaign speech
Dems lack budget leadership"There's no need to have a Democratic budget, in my opinion," Reid told the Los Angeles Times recently. "It would be foolish for us to do a budget at this stage." Instead, Reid wants to wait and see if the deficit-reduction meetings led by Vice President Biden bear any fruit. Before that, Reid wanted to wait for the Gang of Six -- now nearly defunct -- to come up with something.
Reid isn't alone. The chairman of the Senate Budget Committee, Kent Conrad, is also happy not to produce a budget. Not long ago, he told reporters that he planned to "defer" work on a 2012 budget indefinitely.
The redemption of the SSIOUs can be financed by tax revenue; Federal revenue is 4-5x that of SS outlays.
In fact, by taking the FICA taxes allocated to SS and then adding a small amount of general revenue recipts, there's no need to 'redeem' an of the SSOIUs.
And so, to make this claim would be to lie. Interesting that you would have The Obama lie to people just to gain partisan political power.
Now it seems the tables are turned. Again Congressman Ryan is an example of that. Republicans tried to demagogue President Obama's health plan by calling it socialized medicine and that death panels will kill Granny. Now, Ryan and Republicans are whining about President Obama and other Democrats for doing the same things they did during the last round of health care debates. It seems like they can demagogue with the best of them; they just can't take it.
Maybe Republicans ought to have thought of the consequences of the path they chartered, but it is too late for that. They will have to deal the repercussions that come their way.
the ryan plan is dead, where ya been
Senate votes down Paul Ryan budget plan, 57-40 - David Rogers - POLITICO.com
there is no plan
the party in power in upper parliament, their prerogative, expired the republican blueprint
the party in power has put up bupkis in response
again, their purview
but if something isn't done imminently to fundamentally reform our budgets, then our big 3 federal social programs (as well as state pensions) will plainly cease to exist as we know them