Bachmann and Gohmert: pay the military first

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    Jul 13, 2011 10:54 PM GMT
    Color me skeptical, but didn't Gohmert just say that the president was using "scare tactics" by threatening late SS checks? The following legislation just kinda made late SS checks a little more certain.
    http://thehill.com/blogs/floor-action/house/171163-bachmann-seeks-to-ensure-military-payments-if-debt-limit-is-reachedPresidential candidate Rep. Michele Bachmann (R-Minn.) and other Republicans on Tuesday introduced legislation that seeks to ensure that the federal government prioritizes payments to members of the Armed Forces in the event the U.S. reaches the debt limit.

    The bill, H.R. 2496, was introduced just three weeks before an Aug. 2 deadline set by the Treasury Department, which says it will run out of money to pay U.S. creditors and bills at that time without an increased borrowing limit. Talks on how to raise the debt ceiling remain stalled over the issue of whether or how to raise new government revenues through tax increases.

    The bill specifies that salaries and other allowances to active and reserve members of the Armed Forces are a priority if the debt limit is reached, and would require the appropriation of funds needed to make these payments.

    Rep. Steve King (R-Iowa) is the chief sponsor of the legislation, which also is co-sponsored by Bachmann and Rep. Louie Gohmert (R-Texas).

    http://thehill.com/blogs/floor-action/house/171159-rep-gohmert-says-obama-using-social-security-scare-tactic-in-debt-ceiling-debate
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    Jul 13, 2011 10:57 PM GMT
    BTW, the best counter against this legislation would be a bill that prioritizes SS, Medicare and Medicaid payments in case the debt limit is reached. Guess who would sponsor such a bill...
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    Jul 13, 2011 11:26 PM GMT
    This is a disgrace. Raise the debt ceiling and get it over with.

    Obama isn't dumb enough to take the McConnell "deal", which is a desperate attempt to toss the president the "hot potato."
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    Jul 17, 2011 3:16 AM GMT
    And of course it takes a Democrat to draft the counter against PROMISES:


    http://thehill.com/blogs/on-the-money/budget/171861-treasury-social-security-could-be-exempted-from-debt
    The Treasury has given the OK to legislation that would effectively prioritize Social Security in case the debt ceiling is not raised by the Aug. 2 deadline, Sen Bill Nelson’s office announced Friday.

    Nelson (D-Fla.) said earlier this week that he had legislation prepared that would temporarily exempt payments from the entitlement program from counting against the national debt.

    Treasury Secretary Timothy Geithner, in a letter dated Friday, told Nelson that such a measure would give his department special authority to ensure Social Security benefits get distributed. But Geithner also stressed, more than once, the broader importance of raising the $14.3 trillion debt limit.

    “The impact of a default crisis would be felt much more broadly, affecting our men and women in uniform, people who rely on Medicare and Medicaid, veterans, civil servants, businesses that supply goods and services to the government, and many others,” the Treasury secretary wrote.
  • GQjock

    Posts: 11649

    Jul 17, 2011 9:46 AM GMT
    Simple question republicans ........

    why prioritize payment when we supposedly have enough money to pay for it all

    Morally and legislatively bankrupt = the republican party
  • rnch

    Posts: 11524

    Jul 17, 2011 12:23 PM GMT
    q1w2e3 saidColor me skeptical, but didn't Gohmert just say that the president was using "scare tactics" by threatening late SS checks? The following legislation just kinda made late SS checks a little more certain.
    http://thehill.com/blogs/floor-action/house/171163-bachmann-seeks-to-ensure-military-payments-if-debt-limit-is-reachedPresidential candidate Rep. Michele Bachmann (R-Minn.) and other Republicans on Tuesday introduced legislation that seeks to ensure that the federal government prioritizes payments to members of the Armed Forces in the event the U.S. reaches the debt limit.

    The bill, H.R. 2496, was introduced just three weeks before an Aug. 2 deadline set by the Treasury Department, which says it will run out of money to pay U.S. creditors and bills at that time without an increased borrowing limit. Talks on how to raise the debt ceiling remain stalled over the issue of whether or how to raise new government revenues through tax increases.

    The bill specifies that salaries and other allowances to active and reserve members of the Armed Forces are a priority if the debt limit is reached, and would require the appropriation of funds needed to make these payments.

    Rep. Steve King (R-Iowa) is the chief sponsor of the legislation, which also is co-sponsored by Bachmann and Rep. Louie Gohmert (R-Texas).

    http://thehill.com/blogs/floor-action/house/171159-rep-gohmert-says-obama-using-social-security-scare-tactic-in-debt-ceiling-debate




    another indication (IMO) that the GOP intends on wrecking our economy and credit rating in an (unsuccessful) desire to make themselves look "good" to the American voters as the party of fiscal restraint


    how out-of-touch with the "Real World" can these delusional GOP fools be?

    can these thick headed politicans, with their collective heads up their azzes, not realize what the political backlash will be against them??



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  • CuriousJockAZ

    Posts: 19136

    Jul 17, 2011 4:04 PM GMT
    I don't think anyone can really predict WHO will get the backlash or WHAT the result will be IF the debt ceiling is not raised --- though I am sure it will be raised. Americans are just plain Fed-Up with BOTH parties, as both are guilty of political posturing rather than making the harder decisions and finding solutions to problems.
  • Posted by a hidden member.
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    Jul 17, 2011 4:10 PM GMT
    CuriousJockAZ saidI don't think anyone can really predict WHO will get the backlash or WHAT the result will be IF the debt ceiling is not raised --- though I am sure it will be raised. Americans are just plain Fed-Up with BOTH parties, as both are guilty of political posturing rather than making the harder decisions and finding solutions to problems.


    Stop with the false equivalency, it's tiresome and is just a cop out so you don't have to say "ok..the republicans are wrong"
  • rnch

    Posts: 11524

    Jul 17, 2011 4:11 PM GMT
    DoomsDayAlpaca said
    CuriousJockAZ saidI don't think anyone can really predict WHO will get the backlash or WHAT the result will be IF the debt ceiling is not raised --- though I am sure it will be raised. Americans are just plain Fed-Up with BOTH parties, as both are guilty of political posturing rather than making the harder decisions and finding solutions to problems.


    Stop with the false equivalency, it's tiresome and is just a cop out so you don't have to say "ok..the republicans are wrong"





    he's from arizona and is a life long Republican...waddua expect outta him?



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  • Posted by a hidden member.
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    Jul 17, 2011 11:30 PM GMT
    And now for yet another rightward shift:
    http://www.politico.com/news/stories/0711/59223.htmlGOP's hard right shift in debt talks may put deal at risk

    Turning right with a vengeance, Republicans will bring to the House floor Tuesday a newly revised debt-ceiling bill that is remarkable for its total absence of compromise at this late date, two weeks before the threat of default.

    Final revisions made Friday submerge conservative demands to reduce all federal spending to 18 percent of gross domestic product — a target that threatened to split the GOP by requiring far deeper cuts than even the party’s April budget. But Republican congressional leaders still want a 10-year, $1.8 trillion cut from nondefense appropriations and have added a balanced-budget constitutional amendment that so restricts future tax legislation that even President Ronald Reagan might have opposed it in the 1980s.
    ...
    Statutory caps would drive spending down to 19.9 percent of gross domestic product by 2021 — a $1 trillion difference with Obama in that year alone. At the same time, Pentagon appropriations are assumed to grow even as Supplemental Security Income payments for the elderly and the disabled would be exposed to future sequesters to enforce the caps.


    Negotiation-cartoon.jpg
    same articleThe bottom line to the debt fight may be a Washington rule of thumb about the two parties:

    Democrats hate tough budget votes — as evidenced by the Senate’s failure to even bring up a budget for so long. And Republicans love tough-sounding votes but often fix the deck so they lose and can score political points without having to live with the results.

    That’s why the debt ceiling presents such a quandary: It requires both parties to take a tough vote — and it must pass.


    And one wonders why Eisenhower called it the military-industrial complex--short for "military industrial technological entertainment academic media corporate matrix, or 'The Complex' for short."
    http://en.wikipedia.org/wiki/The_Complex:_How_the_Military_Invades_Our_Everyday_Lives

  • Webster666

    Posts: 9217

    Jul 18, 2011 6:20 AM GMT
    Christian73 saidThis is a disgrace. Raise the debt ceiling and get it over with.

    Obama isn't dumb enough to take the McConnell "deal", which is a desperate attempt to toss the president the "hot potato."





    Exactly.
    It was the Congressional Republican's CHOICE to hold raising the debt ceiling hostage until they get all the spending cuts that they want.

    Also, far too many people think that everything will be just fine as long as grandma gets her Social Security check, when, in reality, there is a whole host of other bills that need to be paid, that won't get paid unless Congress raises the debt ceiling.

    And, if the U.S. bond rating gets lowered from AAA (the best), because Congress didn't raise the debt ceiling and the U.S. doesn't have enough money to pay it's debts, it will cost the U.S. a HELL of a lot more than it's paying now to borrow money.

    And, of course, that would pretty much guarantee that the stock market would go into panic mode. So, if you didn't lose your entire retirement fund the last time the stock market crashed, in 2008, it's a good possibility that you'll lose it this time around.