BUDGET CONTROL ACT AMENDMENT
If Republicans led by Senate Majority leader Mitch McConnell fall for the deal with the Democrats aiming for bigger spending cuts in two separate deals and opt to raise the debt ceiling past 2012 election, it means spend now cut spending later. How do you know the next congress will go along with the cuts..what this congress does the next one can repeal it. The next President can refuse to sign any cuts.
I have perused the entire bill and below are a few of my observations..
1.
It is only 74 pages, every congress doesn't have an excuse not to read
it.
2. A new Congress or the Current
Congress members can change anything that is dated after 2012 .
3. Amendments to existing laws,
means you have to read the existing law to know to compare to what is actually
taking place.
4. The joint committee has equal
membership for minority and the majority party in both chambers in effect until
January 31 2012. In time for the election season.
5. Some items in the bill that seem
to affect the standing rules of the senate, may not be considered constitutional.
6. The Balanced budget Amendment
line here calls for a vote, from all indications it is going to be DOA in the
Senate. It doesn't include the 2/3 trigger necessary for such an amendment to
be accepted.
7. The most critical decision here
will be the makeup of the Joint Committee, Those appointments will be where
push will come to shove on who is best suited to be on Joint Committee.Debt Ceiling bill is only 74 pages..Read below..
DEBT CEILING BILL
https://docs.google.com/document/pub?id=1-zuPMatE-ue6vO3o-ZjSgvWfz2Hn5TS8HrtVne9ZVco
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Today's discussions focus on triggers which would automatically impose cuts in programs near and dear to both party's hearts --
Medicare for the Democrats and Defense of the Republicans --
if the spending cuts are not realized. But these triggers mean next to nothing.
What a Congress passes, another Congress can repeal. One can easily see Congress not coming to agreement on the second wave of cuts and then passing a resolution to suspend the trigger-mandated cuts.
The blunt fact is that once the debt limit is raised until after the election, Obama can get out of town and not worry anymore. He won't make any cuts.
We'll get the cuts we are implementing right now -- about a trillion over ten years -- and no more. But there is a trigger which can work -- the budget itself. If the Continuing Resolution passed in the spring was battle one (which Obama won) and the debt limit was battle two (which the GOP has won), the budget for 2011-12 is battle three.
The Republicans should refuse to pass a budget but just pass a new Continuing Resolution funding the government through January 1, 2012. If the recommendations of the spending cut commission are not passed or some other cuts have not replaced them, the House should refuse to extend the Continuing Resolution and should trigger a government shutdown. The looming threat of a shutdown will terrify Obama and will force his hand just as the debt limit has done. We have gotten half a loaf in this current battle over the debt. Let's not disarm until we win the rest of it. What we haven't gotten in the debt deal, we can get in the budget deal. That's the trigger which will work. Read More: Dick Morris
