Thread: Still No Budget Deal - Current Happenings

Originally Posted by Ockham

I'm certainly rooting for both sides to not flinch and let Aug 2nd go by the wayside without a short term or long term deal. Then we'd see after if you're right and Obama comes out on top.

I must say. You have bigger balls than I do. I prefer not to risk the economy.

Originally Posted by Dittohead not!

Neither side wants to step up and make the difficult decisions that both know has to be made, at least not until after the election. Both sides want to try to paint the other side as being obstructionist. They have been playing political games, and will continue to do so.

Will they come to some sort of agreement before the government defaults and raises its interest payments to disastrous levels? Probably. Will they come up with a real long term solution? Possibly. Will they do so before the election? No way.

I disagree. I believe that the GOP [not all, just most] has always wanted limited government and Democrats want big government. This is not just fun and games. This is about a much bigger principle and that is what type of government should we have for the future.

Aug 2nd is a made up deadline.

Originally Posted by LesGovt

I disagree. I believe that the GOP [not all, just most] has always wanted limited government and Democrats want big government. This is not just fun and games. This is about a much bigger principle and that is what type of government should we have for the future.

And yet, when the Republicans were in power, they did not decrease the size of the federal government. When not in power, they make noises about wanting to cut back the size and power of the federal government. When they get in power, they don't do so. I think it is games, perhaps not fun, but games. As long as a gullible public actually believes that there is a party that wants to decrease the power of the federal government, then those games will go on.

I almost can't wait until all the parrots find out that August 2nd isn't actually a "made-up date."

President Obama and White House officials earnestly believed they were closing in on a deficit-reduction deal with only three remaining sticking points until Speaker John Boehner (R-OH) pulled the rug out from under them and walked away from the negotiating table late Friday afternoon, White House officials said Friday night.

As of Thursday, Obama and Boehner had been working on a grand bargain that would produce roughly $3 trillion in savings over 10 years, the officials confirmed. But talks broke down along three major differences: the two sides were $400 billion apart on taxes, Obama rejected a last minute demand from the GOP that the deal include a repeal of the individual mandate in healthcare reform, and the two sides were still haggling over a difference of $40 billion in cuts to Medicaid, according to the White House.

White House: We Thought We Were Down To The Details | TPMDC

And then Boehner went limp and pulled out.

Originally Posted by megaprogman

The dems cannot create a plan because plans have to start in the house, which they have no control over.

Of course they can. There is absolutely nothing stopping them from creating a plan. The Senate was working on a plan.

Originally Posted by megaprogman

I must say. You have bigger balls than I do. I prefer not to risk the economy.

It is too late for the economy. Now it is time to save the nation. I, too, hope there is no deal if that deal includes tax increases. I absolutely agree with widening the tax base by compelling everyone to pay federal income taxes.

Originally Posted by megaprogman

The dems cannot create a plan because plans have to start in the house, which they have no control over.

This is incorrect. Tax increase legislation begins in the House. Anyone can create a plan. As there should be no tax increases the Senate can go for it. Or the one term president...

Originally Posted by megaprogman

I must say. You have bigger balls than I do. I prefer not to risk the economy.

Where's the economy going to go? Europe? Asia? China's economy cannot support the entire world at this current point in history. It's us or nothing.

Originally Posted by BDBoop

I almost can't wait until all the parrots find out that August 2nd isn't actually a "made-up date."
And then Boehner went limp and pulled out.

LOL. We need not birth bigger, more expansive, more bullying federal government. So pulling out to prevent pregnancy sounds great to me.