Rep. Walter Jones (R., N.C.), who voted against “Cut, Cap and Balance,” not to mention the Ryan budget (because it didn’t go far enough), was seen by many as a definite ‘no’ on the Boehner plan. But Jones told reporters Thursday morning that he planned to vote yes, in part because it would boost the speaker’s leverage in negotiations. “We cannot come to an agreement unless our leader is sitting at the table with cards in his hands,” Jones said.
“People are beginning to understand the seriousness of where we are,” he continued. “This is not a game. The politics are over. This is about the future of America, and I think that’s beginning to take hold.”
I'm having TARP flashbacks.
When this passes the House, watch what Sen. Reid does, the House will get back a nastier bill and the pressure will ratchet up...you must pass it now, we are out of time!!!!!!
Folks, this doesn't end well, the GOP has been played.
Reply to this commentLinkReport AbuseSorry, this is NOTHING like TARP. Simple math dictates our current situation. Sometime in August - probably early in the 2nd week - the government, without the ability to borrow more money, will not have enough cash in the treasury to pay its debt service and other obligations. That's not a possibility, that's a mathematical certainty.
Ignore the Social Security and Medicare problems associated with cash-shortfall, and just focus on the other government services that will begin to cease. Do you think that it will becomes easier for Republicans to pass something substantive, or do you think it's more likely that public pressure will build to such a level that the GOP will be forced to cave, entirely?
I agree, kind of. Without the Boehner plan - passing both the House and the Senate - it's not going to end well for the GOP. It won't be pleasant for Obama and the rest of the Dem caucus, but - thanks to the media and a very malleable public - it will be worse for the Republicans, especially conservative Republicans in the House.
Reply to this commentLinkReport AbuseI wonder if Mr. Reid will offer more spending cuts than does Boehner's bill in order to test for a willingness to take stronger cuts with a change to the debt ceiling that will run it through the 2012 election.
Reply to this commentLinkReport Abuse"But Jones told reporters Thursday morning that he planned to vote yes, in part because it would boost the speaker’s leverage in negotiations."
Very true.
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