It’s a Kabuki Cave, but it’s still a cave. The Kabuki is a $ of debt increase now coupled with a $ of spending cuts up to a trillion dollars. But then……..the ‘Super Congressional Committee’ will be charged with further deficit reduction and tax increases. If they can’t agree on cuts and taxes then it’s cuts only.
Like the poet said, ‘You don’t need a weatherman to know which way the wind blows’ when it comes to the total cave that is this deal.
The GOP members of the Super Committee don’t negotiate, and the cuts happen. To me it looks like this deal is a gimmick to lock in Medicare cuts.
The Caveinator in Chief started out negotiating a raise in revenue and cut spending position which he claimed was ‘fair and balanced’. We know that it was not fair deal in the first place because it was not balanced. It was a Republican plan.
David Plouffe was on the morning shows BSing how great a deal this would be, but even the intellectually obtuse David Gregory called him on it saying there were no revenue raisers in the trigger devices.
Grover Norquist was on ABC and he got it right by declaring victory because there would be NO tax increases.
TPM indicated this was also confirmed by the evil, mutant, turtle:
On CNN's State Of The Union, McConnell sought to reassure conservatives that the deal includes no tax increases -- though did not specifically address the scope of the Special Committee. "There are no tax increases in this bill," he said. "There will be no tax increases in this proposal." Emphasis added.
And once again Obama puts the burden on the Congressional Democrats to vote for this stinker of a deal. They will be the ones to cause default if they do not vote for this Obama negotiated pile of shit. Thanks Obama.
I hope Democrats vote it down. The financial terrorists are the Republicans.
But I expect this Kabuki Cave will pass. So please Obama no signing ceremony with a smiling you and smiling Republicans. You’d make too many in your base puke.
There is no deal until there is a deal, but right now it is my opinion that this is another Obama cave. Do you agree?