DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Breaking: White House, Republicans Strike Tentative Deal To Raise Debt Ceiling

**Noilemaillilm** · 08-01-2011, 07:19 PM

Would one of our GOP apologists (Paul or Brad) care to clue us in on exactly what the Republicans gave in this "compromise" agreement?

The analysis I'm seeing today focuses on the "trigger." If the committee can't agree on a deal or if they float something that Obama vetoes, the Pentagon is immediately forced to slice $600 billion from its budget along with Medicare providers taking a 2% cut in payments.

Given that the Pentagon cuts would probably involve massive job cuts at military facilities in Republican states as well as the sense of reducing our battle-readiness, there's a lot of GOP incentive not to let that happen. And the thinking is that this puts expiration of the Bush tax cuts or closing other loopholes squarely on the table. If a package can be produced that can carry Democratic votes in the House along with moderate Republican votes, it can crush the minor rebellions of the Tea Party caucus.

08-01-2011, 07:19 PM	#8
Noilemaillilm Join Date Nov 2005 Posts 443 Senior Member	Would one of our GOP apologists (Paul or Brad) care to clue us in on exactly what the Republicans gave in this "compromise" agreement? The analysis I'm seeing today focuses on the "trigger." If the committee can't agree on a deal or if they float something that Obama vetoes, the Pentagon is immediately forced to slice $600 billion from its budget along with Medicare providers taking a 2% cut in payments. Given that the Pentagon cuts would probably involve massive job cuts at military facilities in Republican states as well as the sense of reducing our battle-readiness, there's a lot of GOP incentive not to let that happen. And the thinking is that this puts expiration of the Bush tax cuts or closing other loopholes squarely on the table. If a package can be produced that can carry Democratic votes in the House along with moderate Republican votes, it can crush the minor rebellions of the Tea Party caucus.
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