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House Republicans discussing short-term debt ceiling hike -Unions' statement

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House Republicans discussing short-term debt ceiling hike -Unions' statement

Post by Guest on Thu Jul 21, 2011 8:44 am

House Republican leaders have begun discussing a short-term debt ceiling hike that would be coupled with immediate spending cuts of a greater magnitude, according to several aides.

The White House also signaled Wednesday that President Barack Obama would support a short-term extension of a few days, but only if Democrats and Republicans reach agreement on a broader deficit-cutting deal and need more time to move it through Congress.

But there were also fresh signs of resistance. The AFL-CIO and AFSCME, two powerful labor unions, released statements blasting the plan for favoring the wealthy over the less fortunate.

“There’s no shared sacrifice here,” said AFL-CIO President Richard Trumka in a statement. “The only sacred cows being gored are working people, the middle class, seniors and the poor. Though the plan is very specific when it comes to spelling out tax cuts for rich people, there are still a lot of blanks to be filled in. Even so, we’ve seen enough to know that there is nothing here for working people.”

Read more: http://www.politico.com/news/stories/0711/59486.html#ixzz1Sjtm0HWd

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Re: House Republicans discussing short-term debt ceiling hike -Unions' statement

Post by Guest on Thu Jul 21, 2011 8:57 am

This will wind up with the markets going crazy and the debt ceiling being raised. No deals, not attachments, it will just be done, and these past three weeks of time wasting will be just that, time wasted.

As of today, there is no time for anything to be scored, debated and voted on.

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Re: House Republicans discussing short-term debt ceiling hike -Unions' statement

Post by lendmeflight2 on Thu Jul 21, 2011 9:38 am

Frankly, if I were the president now, I would be fed up with this and would just adopt a scorched earth policy. Raise the debt ceiling or else. Send me a clean bill or we will default. He may not get re-elected if he does this but it's nearly impossible to govern a group like this anyway.

This is ridiculous that we are even having these discussions. The debt ceiling was raised 7 times, nearly once a year during Bush's terms and 13 times during Reagan's presidency with no issues but all of a sudden we have a democratic, and dare I say a black, president and all of a sudden we have to deal with the deficit. It has nothing to do with the amount of debt, you can go back and look at news footage from every president back to FDR and they are always talking about the deficit.

Our country has gone insane.

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Re: House Republicans discussing short-term debt ceiling hike -Unions' statement

Post by exhaustedandtired/1208 on Thu Jul 21, 2011 9:44 am

woah!!! He is in control! He said he is holding firm on a veto of a short term fix but now has said he will go along with a short term fix... Boy, knight in shining Armour! Hero! He plays it well!

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Re: House Republicans discussing short-term debt ceiling hike -Unions' statement

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