Joe Biden likens tea partiers to terrorists

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Is this man kin to Al Gore or something? Give this man a pink slip, Please !

 

Vice President Joe Biden joined House Democrats in lashing tea party Republicans Monday, accusing them of having “acted like terrorists” in the fight over raising the nation’s debt limit, according to several sources in the room.

Biden was agreeing with a line of argument made by Rep. Mike Doyle (D-Pa.) at a two-hour, closed-door Democratic Caucus meeting.

“We have negotiated with terrorists,” an angry Doyle said, according to sources in the room. “This small group of terrorists have made it impossible to spend any money.”

Biden, driven by his Democratic allies’ misgivings about the debt-limit deal, responded: “They have acted like terrorists.”

Biden’s office initially declined to comment about what the vice president said inside the closed-door session, but after POLITICO published the remarks, spokeswoman Kendra Barkoff said: “The word was used by several members of Congress. The vice president does not believe it’s an appropriate term in political discourse.”

Biden later denied he used that term in an interview with CBS.

“I did not use the terrorism word,” Biden told CBS Evening News anchor and managing editor Scott Pelley.

Earlier in the day, Biden told Senate Democrats that Republican leaders have “guns to their heads” in trying to negotiate deals.

The vice president’s hot rhetoric about tea party Republicans underscored the tense moment on Capitol Hill as four party leaders in both chambers work to round up the needed votes in an abbreviated time frame. The bill would raise the debt limit by as much as $2.4 trillion through the end of next year and reduce the deficit by an equal amount over the next decade.

Democrats had no shortage of colorful phrases in wake of the deal.

Rep. Emanuel Cleaver (D-Mo.) called it a “Satan sandwich,” and Rep. Luis Gutierrez (D-Ill.) called seemed to enjoy the heat analogy, saying: “the Tea Partiers and the GOP have made their slash and burn lunacy clear, and while I do not love this compromise, my vote is a hose to stop the burning. The arsonists must be stopped.

Read more from Politico (if you can stand it)

We Have a Debt Ceiling Deal: Reid signs off on bipartisan debt deal

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Well as you read this article from The Hill, you’ll see this deal is a joke…..”$1.2 Trillion in spending cuts now and creates a select bicameral committee to find another $1.6 trillion in savings later in the 112th Congress.” Where’s the guarantee that the “select bicameral committee” will find those cuts? What is a “bicameral committee” ? Bicameral,  is the practice of having two legislative or parliamentary chambers. Thus, a bicameral parliament or bicameral legislature is a legislature which consists of two chambers or houses.

Senate Majority Leader Harry Reid (D-Nev.) has signed off on a tentative bipartisan deal forged between President Obama and GOP leaders to raise the debt limit.

But the emerging deal may be imperiled by last-minute reluctance from House Speaker John Boehner (R-Ohio), who worries the proposal cuts too much from future Pentagon budgets.

Congressional sources familiar with the outlines of the deal say it would cut the deficit by about $2.8 trillion and raise the debt limit by a similar amount. The deal includes $1.2 trillion in spending cuts up front and creates a select bicameral committee to find another $1.6 trillion in savings later in the 112th Congress.

The tentative deal hangs on so-called triggers intended to give lawmakers strong incentive to implement the second round of deficit reduction.

A person familiar with the deal said Obama and Senate Republican Leader Mitch McConnell (Ky.) agreed that if the select committee deadlocked or Congress failed to pass its recommendations, it would automatically trigger $1.2 trillion in across-the-board spending cuts.

The president and McConnell agreed to divide the automatic spending cuts evenly between defense and nondefense programs, according to the source. Obama also persuaded GOP leaders to set up firewalls to ensure a significant amount of the spending cuts would take place in fiscal years 2012 and 2013.

A second congressional source confirmed this account.

However, the tentative deal may be in jeopardy because Boehner as of Sunday evening was trying to walk back the proposed defense cuts, according to sources.

One congressional source said Boehner wants to shrink the defense spending cuts slated for 2012 and 2013.

An aide familiar with the deal said if the special bicameral committee fails to produce a viable deficit-reduction package, the automatic spending cuts triggered as a penalty would include cuts to Medicare. But the aide said Medicare beneficiaries would not feel a direct impact. Instead, healthcare providers and insurance companies would see lower payments.

But first he must convene a meeting of the Senate Democratic caucus to explain the deal and convince his colleagues to support it. While many Democrats are angry it does not raise taxes, they are afraid that opposing it could lead to a national default next week.

 

An aide said Democratic leaders are waiting on Boehner to endorse the proposal before unveiling it to the Senate Democratic caucus.

If Boehner finally agrees to the deal, Reid is expected to use a message from the House as the legislative vehicle to pass the deal through the upper chamber.

But doing so would still require the Senate to spend Monday, Tuesday and part of Wednesday processing it unless every senator agrees to truncate the timeline. If a conservative senator drags out the proceedings, Congress will not make the Aug. 2 deadline set by Treasury Secretary Timothy Geithner.

Senate conservatives say they don’t have plans to delay consideration of a possible bipartisan debt-ceiling agreement.

Leaders from both parties though will face a fight to convince lawmakers to vote for the compromise proposal.  Rep. Raul Grijalva (D-Ariz.), the co-chairman of the Congressional Progressive Caucus, rejected the plan, calling it a “cure as bad as the disease.”

Senate Democratic caucus members from the left and center of the political spectrum have also voiced their displeasure with the emerging deal.

Read more @ The Hill

China Agrees To Erase Portion Of U.S. Debt If Americans Dress Up In Costumes And Perform Silly Dance For Them

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In what it’s describing as a magnanimous gesture toward an economy in decline, the Chinese government announced Monday it would forgive a portion of the staggering U.S. debt if Americans agreed to dress up in costumes and perform silly dances for their amusement.

With his nation holding $1.16 trillion in federal bonds and the U.S. showing no signs of ending its dependence on foreign credit, President Hu Jintao told reporters that allowing Americans to ease their fiscal burden in proportion to the number and quality of colorful dance numbers they perform is a mutually beneficial arrangement for both countries.

“Our great nation has generously agreed to decrease the considerable financial obligations of the United States,” said Chinese President Hu, standing before an enormous rack containing elaborate dance attire such as sequined vests and metallic lamé pants. “All we ask in return is that Americans put on outfits such as these and amuse us with buffoonish little kicks and twirls, preferably while slapping their big fat tummies. The U.S. will receive much needed debt relief, and China will enjoy watching the graceless flailing of decadent capitalists.”

 

 

Onion

Here it is – the Boehner-Reid plan

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I am very disappointed in John Boehner…..this plan does what Mitch McConnell wanted to do….let the President raise the debt ceiling and have NO significant deficit reduction plan ……..terrible idea….what is John Boehner thinking?

Democrats are aiming for a debt-limit compromise similar to the House Republican plan, with at least one major difference: The second vote on raising the debt ceiling would not depend on Congress passing a broader deficit-reduction package.

The shape of this potential compromise meshes major elements of the proposals offered in recent weeks by House Speaker John Boehner (R-Ohio), Senate Minority Leader Mitch McConnell (R-Ky.) and Senate Majority Leader Harry Reid (D-Nev.), according to Democratic officials familiar with the negotiations.

Under the possible compromise, Congress could still get a second crack at voting on the debt limit within months. But rather than linking the vote to Congress approving the recommendations of a new 12-member committee — as it would be in Boehner’s bill — Democrats prefer McConnell’s proposal that allows President Barack Obama to lift the debt ceiling unless two-thirds of both chambers override his veto of a disapproval resolution, the officials said.

To force action on a deficit reduction package, the White House would agree to strengthen the mechanism that compels Congress to pass the special committee’s recommendations, the officials said. The officials would not detail proposals for a so-called trigger that acts as an incentive for both parties to bargain in good faith and reach agreement.
Read more @ Politico

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