Post by ۞Quaalude™۞ on May 16, 2011 13:45:29 GMT -5
WASHINGTON -- With the U.S. government officially hitting its debt ceiling on Tuesday , the Obama administration is distributing a set of talking points emphasizing the “panic” and “catastrophic” outcome that would result from a full-on default.
The talking points, sent over by a Democratic source, strike the same dire tone that administration officials have done for the past few weeks, if not months. I have no Idea Why the Americans under 15 years old should be responsible for any of that 14.4 Trillion in debt , We Barrow 2 Billion a Day , We Helped Win WW1 & WWll , America dose not really need to worry , We Have the Huge Ego , More Nukes Than any other country , we have the largest natural Gas Repository on Earth & The Most Free Democracy , America has 3rd World Countries who owe debts and are not able to pay and we forgive a lot of debt , I doubt the Republicans will Stop President Obama from getting the debt ceiling raised . But I fear a Wreck in American Health Care will take a hit , those getting Medicare will be Grandfathered in , we will go back to the Gold Standard to Back the Dollar , There is a counted cap on what we print in Dollars , we reached it and the Money is in the economy , it's at the Casino , Sears , Some Rich Old folks Sunk it Into beachfront Property in Fla , they'll get Old , Die & the Money will return to the Economy , The Bottom Line is we bought up all the best Toys & Nukes , The One With The Most Toys Wins , Nener Nener
a first-ever government default, the continuing Obama-Boehner talks kept alive the possibility of substantial deficit reduction that would combine cuts in spending on major benefit programs like Medicare and Medicaid and revenue increases through a broad overhaul of the tax code.
"We have the opportunity to do something big and meaningful," Obama declared in a newspaper opinion piece. Later Friday, the president was taking his case to the public again in a town hall-style meeting. From the Capitol, Boehner said House Republicans were prepared to compromise and prodded Obama: "The ball continues to be in the president's court."
First Thoughts: Washington on the cusp of a debt deal
Entering a Friday morning meeting of House Republicans, Majority Whip Kevin McCarthy, R-Calif., was asked what the leadership's message to GOP members would be. "We all stick together," he said.
Even as Republicans contended with the demands of tea party-backed House members, worry was shifting to how to keep Democrats in line if a compromise is reached between Boehner and Obama.
Talk of a deal prompted a spasm of distress among Senate Democrats worried that Obama would agree to immediate cuts but put off steps to increase tax revenues that the president has said are key to any agreement. The White House immediately sought to tamp down talk of an impending deal , Democratic officials familiar with the talks said both the cuts to benefit programs such as Medicare and a tax overhaul are too complicated to undertake quickly and would have to wait up to a year to negotiate. The officials, however, said any agreement would have to have strict requirements that would guarantee Congress had to act
The one noteworthy hook may be the invocation of the 2008 financial crisis, which the White House holds up as a possible template for what would happen should Congress not pass a bill raising the ceiling from its current level , So what do you think the House will Take ? QC
today.msnbc.msn.com/id/43851736/ns/today-today_news/t/debt-ceiling-uncertainty-puts-states-risk/
The talking points, sent over by a Democratic source, strike the same dire tone that administration officials have done for the past few weeks, if not months. I have no Idea Why the Americans under 15 years old should be responsible for any of that 14.4 Trillion in debt , We Barrow 2 Billion a Day , We Helped Win WW1 & WWll , America dose not really need to worry , We Have the Huge Ego , More Nukes Than any other country , we have the largest natural Gas Repository on Earth & The Most Free Democracy , America has 3rd World Countries who owe debts and are not able to pay and we forgive a lot of debt , I doubt the Republicans will Stop President Obama from getting the debt ceiling raised . But I fear a Wreck in American Health Care will take a hit , those getting Medicare will be Grandfathered in , we will go back to the Gold Standard to Back the Dollar , There is a counted cap on what we print in Dollars , we reached it and the Money is in the economy , it's at the Casino , Sears , Some Rich Old folks Sunk it Into beachfront Property in Fla , they'll get Old , Die & the Money will return to the Economy , The Bottom Line is we bought up all the best Toys & Nukes , The One With The Most Toys Wins , Nener Nener
a first-ever government default, the continuing Obama-Boehner talks kept alive the possibility of substantial deficit reduction that would combine cuts in spending on major benefit programs like Medicare and Medicaid and revenue increases through a broad overhaul of the tax code.
"We have the opportunity to do something big and meaningful," Obama declared in a newspaper opinion piece. Later Friday, the president was taking his case to the public again in a town hall-style meeting. From the Capitol, Boehner said House Republicans were prepared to compromise and prodded Obama: "The ball continues to be in the president's court."
First Thoughts: Washington on the cusp of a debt deal
Entering a Friday morning meeting of House Republicans, Majority Whip Kevin McCarthy, R-Calif., was asked what the leadership's message to GOP members would be. "We all stick together," he said.
Even as Republicans contended with the demands of tea party-backed House members, worry was shifting to how to keep Democrats in line if a compromise is reached between Boehner and Obama.
Talk of a deal prompted a spasm of distress among Senate Democrats worried that Obama would agree to immediate cuts but put off steps to increase tax revenues that the president has said are key to any agreement. The White House immediately sought to tamp down talk of an impending deal , Democratic officials familiar with the talks said both the cuts to benefit programs such as Medicare and a tax overhaul are too complicated to undertake quickly and would have to wait up to a year to negotiate. The officials, however, said any agreement would have to have strict requirements that would guarantee Congress had to act
The one noteworthy hook may be the invocation of the 2008 financial crisis, which the White House holds up as a possible template for what would happen should Congress not pass a bill raising the ceiling from its current level , So what do you think the House will Take ? QC
today.msnbc.msn.com/id/43851736/ns/today-today_news/t/debt-ceiling-uncertainty-puts-states-risk/