Throw out the Balance Budget Amendment folks!
ABC News’ Jonathan Karl reports:
ABC News has learned that Republicans and the White House have struck a tenative deal to raise the debt ceiling before the Aug. 2 deadline. It’s not done yet, but here is the framework of the tentative deal they have worked out, according to a source familiar with the negotiations:
- Debt ceiling increase of up to $2.8 trillion
- Spending cuts of roughly $1 trillion
- Special committee to recommend cuts of $1.8 trillion (or whatever it takes to add up to the total of the debt ceiling increase)
- Vote on the Balanced Budget Amendment
- Committee must make recommendations before Thanksgiving recess
- If Congress does not approve those cuts by late December, automatic across-the-board cuts go into effect, including cuts to Defense and Medicare.
via White House, Republicans Strike Tenative Deal To Raise Debt Ceiling – The Note.
[...] via White House, Republicans Strike Tentative Deal To Raise Debt Ceiling – no Balance Budgets Amendmen…. [...]
Vote em ALL OUT next November…let these bastards go out and try to find a REAL JOB like the rest of us.
real job – they all have money or jobs lined up already
This is crazy. The Repubs refuse to let the broke live. Please let us come up to. The Rich get Richer and the poor will be raised in poverty!!!!!!!!!!!!!!!!!!!!!!!!
Thanks for the sellout, politiweasels.
You had a chance to show the late & powerdrunk “O” for the liar he is, but chose to kick the can down the road & over the cliff.
Bye.