Sponsored Content
« Football. We Need It | Main | Overnight Open Thread »
July 31, 2011

Obama To Speak At 8:40 EDT

Above the post update:

Obama say leaders have agreed to $1 trillion in cuts, which were agreed to weeks ago. Cuts "won't be so" abrupt. Yeah, out years are for suckers.

Bi-partisan committee that reports by November. "Everything will be on the table"... there's the tax trap? I don't see how House GOP votes for that if the choice will be the possibility of taxes or slash defense. Unless there's some guarantee that won't happen, I don't see how this gets enough GOP votes in the House.

Via Andy...here's the PDF of the PowerPoint Boehner used to explain the plan to his conference.

Or not? From Boehner PP.

Requires baseline to be current law, effectively making it impossible for Joint Committee to increase taxes.

That from TendStl on Twitter.

The only person who is going to like this deal is Obama because he desperately wants to put off another debt hike debate beyond the '12 elections.

Via Hot Air, James Pethokoukis explains why insisting that current law be the baseline the joint committee uses makes it almost impossible for them to raise taxes.


Original Post:

For the love of God man...SHUT UP.

Reid is on Senate floor now (8:32pm edt) saying there's a deal to avoid default. McConnell says he'll be holding a Senate GOP caucus tomorrow to go over "the framework".

Obama will no doubt be out to start to take credit.

Meanwhile, Boehner is on a conference call right now with House GOP members. I bet that's a fun call.

I really hope Obama uses his speech tonight to reach out and repair relations with corporate jet owners.


digg this
posted by DrewM. at 08:30 PM

| Access Comments




Recent Comments
rhennigantx: " J J ..."

rhennigantx: "WTFO?? ..."

thatcrazyjerseyguy now with twice the crazy: "I am in NJ now and it is really no big deal Poste ..."

tubal: "258 Like when some neighbor near you is burning ..."

JmT: "Actually blotted out the sun yesterday afternoon. ..."

tubal: "Never be open about your faith… keep it well ..."

Join Moron Robbie in Celebrating Groomer Awareness Month! It's a bash!: "The more prominently someone wears their religion ..."

tubal: "250 What is the meaning of "nicklefucker"? I assum ..."

JT: "It IS a hit- and- miss proposition around here. P ..."

Warai-otoko : "I am in NJ now and it is really no big deal Poste ..."

fd: ""because I have never heard that word used before ..."

[/i][/s][/b]Bert G: "[i]NASCAR is set to run its first ever "street cou ..."

Recent Entries
Search


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)
Powered by
Movable Type 2.64