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Thread: The GOP's dual-trigger nightmare

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    The GOP's dual-trigger nightmare

    Wonkbook: The GOP's dual-trigger nightmare

    Posted by Ezra Klein at 06:39 AM ET, 11/23/2011

    Looks like dilemma time coming up for the party of Koch/Grover. Looks like a trick bag to me.

    <In August, Republicans scored what they thought was a big win by persuading Democrats to accept a trigger that consisted only of spending cuts. The price they paid was 1) concentrating the cuts on the Pentagon while exempting Social Security, Medicaid, Medicare beneficiaries, and 2) delaying the cuts until January 1, 2013. That was, they figured, a win, as it eschewed taxes. Grover Norquist's pledge remained unbroken.>


    <So now there are two triggers. One is an extremely progressive spending trigger worth $1.2 trillion that goes off on January 1, 2013.>

    <The other is an extremely progressive tax trigger worth $3.8 trillion that goes off on...January 1, 2013.>


    <It's distributed far more progressively than anything the Democrats have even considered proposing. And all that needs to happen for it to pass is, well, nothing.>


    Wonkbook: The GOP's dual-trigger nightmare - The Washington Post
    Last edited by Donc; 11-23-11 at 12:40 PM.
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    Re: The GOP's dual-trigger nightmare

    Except not really, because nothing I've seen being talked about with regards to the committee was suggesting that what the committee did was going to override the Bush Tax cuts completely, thus elminating their expiration, but rather it'd a portion of a part of it now and then the whole of it would still come for complete expiration in 2013 anyways. So regardless of whether or not Republicans agreed to raise taxes now, they were going to have to deal with the Bush Tax Cuts expiring in 2013.

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    Re: The GOP's dual-trigger nightmare

    Pull both triggers and let both happen. That will go a long way to solving out problem. This is one time where I hope and pray we get a "do nothing" Congress.
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    Re: The GOP's dual-trigger nightmare

    As Zyphlin pointed out, both the Republicans and the Democrats would be dealing with the Bush tax cut trigger regardless what the super-committee came up with...so that is a separate issue. When the time comes to deal with it, we'll see what happens, eh?

    In regard to the failure of the super-committee to work something out, I think it's just as bad for the Democrats as for the Republicans...but for different reasons. The Democrats don't want ANY spending cuts...in fact, they want spending increases. Kind of sucks for them. I wonder how Obama is going to react when his Defense Department can't continue the war on terror? The Republicans don't really want Defense spending cuts...it's against their nature.

    Both sides will continue to demagogue the other side and we'll ultimately find out what the People think come November 1012.

    One thing is for sure: The Tea Party came out winners.
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    Re: The GOP's dual-trigger nightmare

    Quote Originally Posted by haymarket View Post
    Pull both triggers and let both happen. That will go a long way to solving out problem. This is one time where I hope and pray we get a "do nothing" Congress.
    Lets hope that Obama has had it with his lets cut a deal with the party of koch/grover.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: The GOP's dual-trigger nightmare

    Quote Originally Posted by treedancer View Post
    Lets hope that Obama has had it with his lets cut a deal with the party of koch/grover.
    Oh I agree with you 100%.

    And I am about 94% sure he will cave in and allow the right wing GOP to wriggle out of the corner they have painted themselves into and get precious little in return.

    and I hate writing that.
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    Re: The GOP's dual-trigger nightmare

    Quote Originally Posted by haymarket View Post
    Oh I agree with you 100%.

    And I am about 94% sure he will cave in and allow the right wing GOP to wriggle out of the corner they have painted themselves into and get precious little in return.

    and I hate writing that.


    Hopefully the last go around with this group of wingers and the fact that he wont be worrying about anything besides his legacy will play into his decision.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: The GOP's dual-trigger nightmare

    Quote Originally Posted by treedancer View Post
    Hopefully the last go around with this group of wingers and the fact that he wont be worrying about anything besides his legacy will play into his decision.
    You could be right.... I hope you are right.... sadly, I have watched him cave twice already in the past year on taxes and budgets and a third strike is not something I look forward to.. I really think that Obama is not a street fighter and actually loathes that part of the process. He wants to convince people and charm people. I have said it before and I will say it again, he is in a bar fight with a motorcycle gang in side a steel cage and he wants to fight with boxing gloves and Marquis of Queensbury rules. He should be reaching for a baseball bat with a nine inch nail drive through it and aiming for the forehead.
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    Re: The GOP's dual-trigger nightmare

    It seems quite disingenuous to open the thread with a misleading title then quote selectively from the source article. Unfortunately, most on here do not seem to take the time to read the article fully. Note other excerpts:

    “Republicans to avoid this dual-trigger nightmare is to somehow convince Democrats to bail them out. And for that, they have two points of leverage.

    The first is political: Democrats don't want to raise $3.8 trillions in taxes, much of which will fall on middle-class households…

    The second is that this particular deficit-reduction plan could be devastating for the economy. Rather than phasing in slowly over the course of the next decade, it would all hit at once…So the GOP is not without options…

    Talk to the White House, and you'll hear that they fiercely oppose permitting the Bush tax cuts to expire, and that they would prefer to see the spending trigger replaced with a bigger, more thoughtful deficit-reduction plan….
    Letting the Bush tax cuts expires is not a popular policy. Nor do crowds cheer for automatic sequestration. If they happen due to Republican obstruction, that's one thing. If they happen because Democrats don't want to make an alternative deal, that's quite another.”


    So it would appear, if taken on the whole, both sides have leverage AND exposure. We’ll see how this plays out.

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    Re: The GOP's dual-trigger nightmare

    Quote Originally Posted by haymarket View Post
    He should be reaching for a baseball bat with a nine inch nail drive through it and aiming for the forehead.
    But...but...but...didn't he chastise us for the use of violent rhetoric?

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