« 70% Effective Marginal Rates Coming To a Neighborhood Near You | Main | O'Keefe Stings Ohio Medicaid »
July 18, 2011

Obama: I'll Veto "Cut, Cap, And Balance"

But we have to have a deal and we can't have any arbitrary lines in the sand for political reason. And I mean 'we' as in Republicans and conservatives literally. Obama? Oh he can do as much political posturing and have as many conditions as he wants.

It's good to be the King.

"The bill would undercut the Federal Government's ability to meet its core commitments to seniors, middle-class families and the most vulnerable, while reducing our ability to invest in our future," said a just-released statement of administration policy.

Even if the Republican-run passes its "cut, cap, and balance" plan, the Senate is not expected to follow suit.

Instead, White House officials are focused on a plan being developed by Senate leaders Harry Reid and Mitch McConnell, one that allow Obama to raise the $14.3 trillion debt ceiling in exchange for about $1.5 trillion in spending cuts over 10 years. The plan would also create a new congressional panel that would look at other ways to reduce the federal debt, including possible entitlements and new tax revenue.

Meanwhile,, NRO has an interview with Paul Ryan. I think it's safe to say he's not a fan of the Exalted One.

Indeed, in almost every sense, Ryan says, Obama has been “fundamentally un-presidential” throughout the summer, “dragging his feet, failing to address the looming debt crisis — which he knows is coming — because he remains committed to his ideology.”

“This is, unfortunately, the way he operates,” Ryan says. “This is his pattern of behavior, this is his personality. For the next 18 months, it will probably be like this. It’ll be in-your-face class warfare, with bitter appeals to envy, fear, and anxiety, plus the demonization of the other side’s motives.”

Ryan, usually a happy warrior on fiscal matters, sounds resigned when asked whether he can help Republicans craft a long-term deal with the president to reduce the debt. Obama, he says, has made such a scenario near impossible. He cites Obama’s remarks to CBS News last week, when he said he could not guarantee Social Security payments, as well as the president’s “very personal” criticism of House Majority Leader Eric Cantor at the White House, as examples of the president’s inability to “discuss these issues in good faith.”

“Whenever I hear him speak now, I just shake my head and think, there he goes again,” Ryan says. “When it comes to actually governing, leading and fixing fiscal problems, he is not in the game.” He predicts that, with their votes this week, House Republicans will show that they are.

Much more of Ryan on the debt talks at the link.


digg this
posted by DrewM. at 12:37 PM

| Access Comments




Recent Comments
buzzion: "[I]248 First, buzzion; and now Sowell. Will this y ..."

Anna Puma (HQCaR): "Sefton, I think Helen Thomas could make Weinstein' ..."

dagny: "My son called to tell me that his Virginia univers ..."

Hadrian the Seventh: " [i]So some are quite willing to pimp their kids ..."

Mortimer - disappointed: "Look at Warden's link. Barbara Walter's shames the ..."

willow: "dagny, I'm sorry I know how that goes down. yeah ..."

18-1: "Culturally, it's about time for the arrival of our ..."

JoeF.: " I don't quite know what to make of Mel Gibson but ..."

TheJamesMadison: "341 "White people are evil! Reparations for all!" ..."

Downcast: "For my Sexy Harvey Halloween costume, do I need mo ..."

J.J. Sefton: " 347 They can't say bad things about gay people, ..."

Alberta Oil Peon, survivor of GNAMM: "A military government would likely quarter the bud ..."

Recent Entries
Search


MuNuvians
Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
News/Chat
Archives
Powered by
Movable Type 2.64