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Democratic Sen. Pryor a No on Debt Ceiling Hike Without Spending, Tax Code Fixes

Whovian

Whovian

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Pryor is old school and not one of the more modern nut jobs we've been afflicted with this century.
 
Whovian said:
Democratic Sen. Pryor a No on Debt Ceiling Hike Without Spending, Tax Code Fixes - FoxNews.com



I salute this Democratic Senator. He has the balls to stand up to his party and President. Hopefully, there will be more Democrats like him coming out in the near future.
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Now if a politician would have the balls to stand up and say "chop military to 25% of current expenditures" we could begin to repair our infrastructure. Switch the spending to alternative/renewable energy that builds jobs at all local levels. You can't just bitch, you must propose a solution.
 
DaveFagan said:
Now if a politician would have the balls to stand up and say "chop military to 25% of current expenditures" we could begin to repair our infrastructure. Switch the spending to alternative/renewable energy that builds jobs at all local levels. You can't just bitch, you must propose a solution.
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Yep, investing money in alternative energy is a great idea.........

Another dozen or so go bankrupt every day.... as soon as they run out of government handouts.
 
Gill said:
Yep, investing money in alternative energy is a great idea.........

Another dozen or so go bankrupt every day.... as soon as they run out of government handouts.
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I request a dozen links to verify that. Not Centralized Windmills or Centralized Solar because that is not what we are talking about. Decentralized power. Let's see those links. Are you suggesting National support for renewables/alternative is wrong. I would like to see them funded at the same levels as the Big Corporate Energy Distributors.
 
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Considering the wide gulf between the Obama and Ryan plans and Senator Pryor's points, it is possible that the plan developed by Bowles-Simpson (Bipartisan Debt Commission), which is the basis of ongoing legislative drafting by 6 Senators (3 Democrats and 3 Republicans) could garner support as a compromise. Such support remains to be seen. Democrats will likely be reluctant to make significant cuts in the growth of Medicare spending. Republicans may largely refuse to touch anything that hikes taxes (the plan would close numerous corporate and personal deductions, including the widely-utilized home mortgage interest deduction). Nonetheless, IMO, if the nation faces the choice between continued inaction and legislation based on the Bipartisan Commission's work, I would strongly favor the latter.

In coming weeks, there will likely be significant drama concerning legislation to increase the debt ceiling. One cannot rule out attempts to attach extraneous provisions that have little to do with actual fiscal consolidation (it's happened before), a large enough group of Democrats not committing to vote for the bill unless a significant number of Republicans do so (that's been done in the past to avoid the debt ceiling's becoming a campaign issue), and possible brinkmanship if the parties remain divided. Numerous scenarios are possible, including a combination bill that includes fiscal consolidation, a short-term hike that buys 6-12 months for fiscal consolidation to be agreed upon, among others. Failure to reach agreement remains a small but not zero risk. During an impasse in 1989, the U.S. came within a day of defaulting on obligation that was coming due. Needless to say, extraordinary measures beyond those that Secretary Geithner has discussed are possibilities to try to hold off default. A note by Citibank actually suggests that ignoring the debt ceiling is something that can't be dismissed.
 
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DaveFagan said:
I request a dozen links to verify that. Not Centralized Windmills or Centralized Solar because that is not what we are talking about. Decentralized power. Let's see those links. Are you suggesting National support for renewables/alternative is wrong. I would like to see them funded at the same levels as the Big Corporate Energy Distributors.
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Ahhh, now you are changing the goal posts. Typical.
 
Gill said:
Ahhh, now you are changing the goal posts. Typical.
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No goal posts have been changed. An idiot can deduce that energy should be produced where it is used. Otherwise you would be maintaining a flawed system. At least flawed from the point of view and realities of efficiency. Now in the reality of economics, the Big Energy Distribution Network works perfectly because it keeps on sending the dollars to the MegaEnergyCorporations and they aren't going to allow their sock puppets to change that, and they're going to buy lots of mind bender (TV) time to make sure you do not see the hand up the sock puppets arse. Don't it make ya' just glow and feel all warm and fuzzy knowing that Big Energy has a siphon hose in your wallet, eh?
 
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