DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - House GOP schooled on debt default aftermath; Path to compromise comes into focus

**scemHeish** · 07-18-2011, 02:20 AM

Sen. Demint was on Meet the Press this morning. When David Gregory quoted Tim Geithner as saying there was no alternative to raising the debt ceiling, Demint seemed to agree but then launched into cut, cap and balance plan (CCB). When Gregory pressed him, Demint gave no specifics on what or how much to cut, what or how much to cap, but did concede that the balance budget amendment (BBA) would likely take 10+ years to go through the states if it even passed the Senate.

Gregory then asked Mr. Demint, "If the Senate does not pass the BBA, will you still raise the debt ceiling?" Demint said he hoped the president wouldn't put us through that, but... and Gregory interrupted him and repeated the question.

Demint asnwered, "We're not going to default. (Jack Lew, Pres. Obama's budget director) said earlier we won't meet some obligations but we're not going to default." Mr. Lew was on the program earlier, but did not say that; in fact, he said just the opposite, that the Congress must pass the debt ceiling or the government could not meet its obligations.

Demint again launched into CCB without specifics, adding that there had been no proposal from the president or the Democratic Senate for debt reduction and the CCB was the only plan.

Gregory reminded the Senator about the $4 trillion proposal from Pres. Obama and the McConnell/Reid plan in the Senate and Demint responded, "We can't vote on proposals. The CCB is the only plan on the table."

There you go. That's where Sen. Demint and the Tea Party are in "negotiations." There are none.

07-18-2011, 02:20 AM	#4
scemHeish Join Date Oct 2005 Posts 442 Senior Member	Sen. Demint was on Meet the Press this morning. When David Gregory quoted Tim Geithner as saying there was no alternative to raising the debt ceiling, Demint seemed to agree but then launched into cut, cap and balance plan (CCB). When Gregory pressed him, Demint gave no specifics on what or how much to cut, what or how much to cap, but did concede that the balance budget amendment (BBA) would likely take 10+ years to go through the states if it even passed the Senate. Gregory then asked Mr. Demint, "If the Senate does not pass the BBA, will you still raise the debt ceiling?" Demint said he hoped the president wouldn't put us through that, but... and Gregory interrupted him and repeated the question. Demint asnwered, "We're not going to default. (Jack Lew, Pres. Obama's budget director) said earlier we won't meet some obligations but we're not going to default." Mr. Lew was on the program earlier, but did not say that; in fact, he said just the opposite, that the Congress must pass the debt ceiling or the government could not meet its obligations. Demint again launched into CCB without specifics, adding that there had been no proposal from the president or the Democratic Senate for debt reduction and the CCB was the only plan. Gregory reminded the Senator about the $4 trillion proposal from Pres. Obama and the McConnell/Reid plan in the Senate and Demint responded, "We can't vote on proposals. The CCB is the only plan on the table." There you go. That's where Sen. Demint and the Tea Party are in "negotiations." There are none.
	Quote