[EntectCelpelm]

Jackass lies, & hypocrisy exposed AGAIN.....


As I reported earlier, the president rejected a bipartisan congressional deal that would have calmed the markets, resolved the debt-ceiling crisis and restored faith in Washington politicians. President Obama was having none of it, demonstrating once and for all that the problem is NOT the House Republicans, but the election-obsessed White House.

So then the parties begin to devise separate congressional plans. The Post reports, “Senate Democrats are preparing to introduce legislation that would avert a national default on Aug. 2 and achieve $2.7 trillion in deficit savings over the next decade without raising taxes.”

But Senate Majority Leader Harry Reid is devising a sham that will never pass muster in the House. A Capitol Hill source with knowledge of the plan tells me: “It includes $1.2 trillion in OCO [Overseas Contingency Operations] savings . . . which was assumed anyway, $1.2 trillion (over $1.1 trillion less than [Majority Leader Eric] Cantor identified in the Biden talks) and $300 billion in interest savings.” A Senate aide says dryly that Reid “has about a trillion in ‘savings’ from ending the war in Iraq that’s already going to end.” And a disgusted House adviser bluntly tells me that Reid’s plan “isn’t real.” http://www.washingtonpost.com/blogs/...YLYI_blog.html