According to the CBO (PDF) it would:
…reduce budget deficits by $915 billion between 2012 and 2021 relative to CBO’s March 2011 baseline adjusted for subsequent appropriations action…
Not much, but it is a genuine reduction in spending and of nearly a trillion dollars.
Boys and girls, fellow conservatives and allied libertarians, this is the best we’re going to get while Reid runs the Senate and Obama wields the veto pen. We’ve won – we’ve forced the GOP to stand firm against tax hikes and hold out for genuine reductions in spending. If Boehner can get this through the House, then our duty will be to put as much pressure as we can on the Senate to pass it. That done, it doesn’t matter what Obama does – sign or veto, it still works out to a victory for us.
Don’t let the perfect be the enemy of the good. Sure, I’d like to lop off a trillion from the 2012 budget, but that just isn’t going to happen. No matter how annoying it is, we still have to abide by the results of the 2008 election in the White House and the Senate. So, accept this deal – and then let’s get in to 2012 where we’ll fight to get a White House and a Senate which will cut a trillion out of the 2013 budget.
“Don’t let the perfect be the enemy of the GOOD.” -Mark
By what standards is the deal ‘good’? It kicks the can down the road and raises the debt ceiling in exchange for a potential savings of 900 billion. Is that 900 billion the total for 9 years which makes it truly a drop in the bucket or 900 billion per year which is so-so?
If by ‘good’ you mean the ‘good’ of us with $ in the stock market then everything makes sense.
Mark, what are you going to say if Obama and the Dems are still in control in 2012? “Just wait until 2016.”
The time to fight is now. Not Tommorrow not in 2012 or 2013. If the repubs in D.C. can’t or won’t do anything it is time for a new 1st Party. Always wait and always get our hearts broke. Just plain disgusting.
GMB
Im with ya…F em
This certainly seems like a drop in the bucket to me, but, if the 53 senators who sent Boehner a letter saying they would not vote for it keep their word, it’s pretty much of a moot point. It’s gonna be an interesting few days of political chicken. I sense we’re about to find out just how rigid that August 2nd date really is.
Not gonna keep me from playing golf, however. See ya later.
Spook has his priorities right – golf, then everything else.
0 agrees also
MSNBC‘s Martin Bashir Likens Boehner to Baby Who Should ’Go the F*** to Sleep’
there is something to be said about men of action…they dont need words to prove what they mean…the actions that they take make it more than obvious…
when these axxclowns talk about spending reductions beginning in 2 years…and extend them out for the rest of the decade…its a farse…a mockery of our intelligence…future legislation rolls right over the top of these plans…we have seen it too often than not…that some future congress will ignore this legislation in its drive to enact some future idal budget that they think of…down the road…
all of this shows beyond any doubt…that these men have no honor…they are not men of action…and they have no problem putting down words that they know will be worthless in no time at all…
Looks like the Speaker is having some problems gettting his members to “get their a$$ in line”. The GOP is going to have big problems come this next election when Americans have once again lost substantial values of their retirments and investments due to its lack of action and undertanding the damage they have caused.
Wishful thinking there dreggs.
The Boehner plan is a joke. He is trying to lower cuts – compromise with the Democrats.
But of course, they will continue to say NO – Reid won’t even allow it on the floor to be debated or amended (where compromise can really take place).
Reid has promised GRID LOCK. So that makes it the GOP’s fault? Only in the eyes of a mindless drone, regurgitating dumbed down talking points.
Try again, dreggs… oh wait Suuuunny.